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79.5¢ liontown resources limited

FA & General Banter, page-314

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amertoo

2,123 Posts.

136

19/05/19

20:28

Post #: 38640158
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Originally posted by anatol: ↑

@wuy0981

You asked some questions on the Charting thread but I can't answer you there. This is the right thread I guess.

You asked "does anyone know why do they stop drill the hole when there is an open resource to the left. it looks like there are more down to the left in the cross section plan.
it seems like there are a full of lithium to the left, but why not drill from there instead continuing drilling parallel."

If you mean SW by "left", I was wondering the same thing; why they just put a border to that area and not putting any drill bit towards SW?

See the drill section given by the company at the top-left. It is obvious that the thick zones of 3 pegmatites dipping down to that area.

If we assume that the deepest open pit would be around 400-450m that red lines on the graphic shows that LTR will get more from that pegmatite when it is drilled more toward SW. We can't get any more than 450m depth though as ti would be too deep for an open pit.

However there might be covered pegmatites on top of that SW area. It needs to be drilled if LTR have permission to drill that area. I am not sure. We might ask it to the management.

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Yep clearing permits for drill pads +++++time , same with BD all the paper work just my musings

LTR Price at posting: 8.4¢ Sentiment: Hold Disclosure: Held
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