A welcomed announcement from left field, representing that Castle is actively getting work completed on multiple projects simultaneously.
The area sampled;
- Hosts pegmatites mapped by GSWA but never drilled for Lithium;
- Contains a historical multi-element geochemical anomaly of coincident lithium and lithium indicator elements (rubidium, beryllium, caesium and tin) consistent with possible hard rock lithium mineralisation
- Lies in the same prospective pegmatite field that hosts the Bald Hill lithium-tantalum mine, 25km to the northwest
The 242km²project is 25km from the Liontown Resources ($3.2B MC) Buldania lithium deposit, and ~100km from the Mineral Resources ($15.4B MC) Mt Marion mine - all 3 projects lie within the "Western Australia Lithium Corridor"
"Results are expected late April and, if positive, will be followed up with RC drill testing whilst the remaining soil anomalies will also be soil sampled to verify their prospectivity."
I do not believe as of currently that the market has priced in projects other than Kambale and still remains significantly undervalued.
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- Ann: Soil Sampling Completed at Woodcutters Lithium Project
Ann: Soil Sampling Completed at Woodcutters Lithium Project, page-11
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