ZNC 9.09% 5.0¢ zenith minerals limited

Ann: Trading Halt, page-7

  1. 7 Posts.
    lightbulb Created with Sketch. 10
    Bradda Head is hugh and we will do well from this deal.
    This company has a fantastic portfolio.

    Please note this from November last:
    WARATAH WELL LITHIUM – TANTALUM TARGET
    DRILLING PLANNED
    Drill contractor secured to test large-scale lithium-cesium-tantalum
    (LCT) pegmatite target at the 100% owned Waratah Well project in
    Western Australia.
    Extensive outcropping highly fractionated, prospective LCT pegmatite
    dykes with very high-grade tantalum (up to 1,221 ppm Ta2O5) and local
    high-grade lithium (up to 2.09% Li2O) extending over large surface
    area (3km x 2km).
    A total of 7 initial wide-spaced (1km spacing), 200m deep RC drill holes
    is scheduled to commence in early Dec-21. Drilling is anticipated to
    take approximately 2 weeks to complete with assay results anticipated
    3 to 4 weeks thereafter.
    Drilling will target conceptual deeper lithium (spodumene) bearing
    pegmatites below the surface tantalum-lithium rich pegmatite dyke
    swarm, like zonation observed in other lithium deposits in Western
    Australia.
    Commenting on the Waratah Well drill program CEO Mick Clifford said:
    “Notwithstanding that the Waratah Well Lithium – Tantalum project is not a core
    component of our base and precious metals development strategy, to
    appropriately understand its value and potential a small low-cost drill program is
    being undertaken. If the conceptual target is confirmed, we can then decide on
    the most appropriate way forward for the project. Like copper, lithium continues
    to develop as a core piece of a greener electrical energy future. Tantalum has
    many everyday applications and remains in high demand. The project has many
    strategic positives with our 100% ownership giving us ultimate flexibility as to its
    future.”

 
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5.0¢
Change
-0.005(9.09%)
Mkt cap ! $17.61M
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5.1¢ 5.2¢ 5.0¢ $5.946K 118.5K

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No. Vol. Price($)
1 25000 5.0¢
 

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Price($) Vol. No.
5.5¢ 18816 1
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