From announcement 20/10/2023 - 'Carbonatite REE drill targets identified from Geophysics'
Operational Update on Ti Tree Lithium project (Gascoyne region, Western Australia)
During the quarter, the Company’s preferred analytical laboratory experienced delays in both theprepping of sample batches and in the analytical processing of sample assays due to unfortunatelab equipment breakdowns.Our company employs an extensive analytical process that involves the utilization of MicrowaveDigestion (MD), Inductively Coupled Plasma Mass Spectrometry (ICP-MS), and Optical EmissionSpectrometry (OES) for comprehensive 62-element analysis. While this approach, which includesICP-MS/OES and the analysis of 62 elements, may be more time-consuming compared toalternative analytical methods, it ensures the provision of a thorough geochemical assessment forour early-stage exploration projects. This methodology also allows us to assess the prospectivityfor all Critical Minerals and their respective pathfinder elements.Currently, the phase 3 assay results are due in two weeks, and once QA/QC checks andinterpretations have been completed, these results will be released to the market.Furthermore, the Company has engaged the services of Xplore Global, a UK-based geologicalconsultancy with specialisation in the areas of lithium, caesium, tantalum (LCT) pegmatite targeting,geochemistry and interpretation. Dr Benedikt Steiner (Principal) is a globally renowned expert inLCT geochemistry and is a Qualified Person under JORC regulations & NI43-101.
So where are the rest of the Phase 1 and Phase 2 assays?
ANDRC031 was drilled to 89m.Announcement 'Thick stacked Pegmatite system emerging at Andrada prospect' on 28/06/2023 shows assays for ANDRC031 are due in 5-6 weeks.
They must have the results of ANDRC031 by now, but have not released them to the market.
This is market sensitive information and ASX should make them release it immediately and explain why the information was not released previously, while the SP tanked.
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Operational Update on Ti Tree Lithium project (Gascoyne region, Western Australia)
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