Ann: Amended Announcement - Brazil Lithium Due Diligence Complete, page-9

Very nice announcement, I Iiked:

• Managing director/CEO travelling to Brazil mid-October to commence fieldwork, progress the purchase of OZM diamond drilling rig and pursue any other potential lithium opportunities should they arise. The purchase of a drilling rig will provide us with certainty around our exploration program.
• Environmental permitting has commenced to allow diamond drilling to start.
• Linopolis Jaime Project spodumene grades of up to 7.36% LiO2 with an average spodumene grade of 6.94% LiO2 confirmed within a +7m wide spodumene zone consisting of at least 20% volume coarse spodumene crystals up to 1m in length.
• Coarse spodumene crystals are rarely seen in lithium deposits. Greenbushes & Mt Marion lithium deposits are examples where known to occur.
• This is a classic lithium bearing pegmatite geological setting and pegmatite type. The Company considers that the Project is prolific in pegmatites and represents an exciting opportunity for OzAurum to engage in lithium exploration. No modern exploration has been undertaken.
• Sigma Lithium (TSXV:SGMA)* which has a market cap of $5 billion, situated 200km north of OZM project area and their Grota do Cirilo
  Project Lithium has Reserves of 54.8 Mt @ 1.44% LiO2 that is in production with a planned production rate of 107,000 tpa LCE. Mining is via an open pit operation, with onsite crushing and screening to an onsite dense media separation “DMS” plant where a coarse lithium concentrate is produced. The
  lithium concentrate is then trucked to Vitoria Port where it is shipped around the world.

Sounds like the Lithium project in Brazil has the potential to be massive high grade Lithium discovery, still very early days but I like what I am hearing.
Its sounds like he is going to fast track exploration and is very confident of this project, he is leaving for Brazil now and is in the process OZM buying its own drill rig to enable continuous drilling and exploration.
Sigma Lithium shows that a mine can be built in this part of the world with all the right infrastructure in place and the huge upside of such a mine.