Decent volume today. Stage 2 drilling results look promising, stage 3 drilling over the next few months will hopefully prove it up. Starting this as a new thread for general discussion re the Step Aside project.
Prospect had previously voiced its belief that Step Aside could mirror the Arcadia project, which it sold to Huayou Cobalt in mid-2022 for about US$422m in cash, in having several parallel narrow pegmatites potentially coalesce into a more comprehensive, lithium mineralised pegmatite system at depth. Step Aside is located just 8km north of Arcadia, which has a defined mineral resource of 72.7Mt grading 1.02% Li2O.
PSC Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held
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