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Ann: Soil mapping reveals coarse spodumene at Bird Rock Prospect, page-4

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RocksRule

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11/06/24

09:53

Post #: 74253251
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Originally posted by ainsleym: ↑

Yes, this is an extremely encouraging result. Confirmed spodumene, coarse crystals and good lithium grades from the near surface rock samples. Especially pleasing is that there is good correlation between soil results and the presence of blind spodumene so we have a good methodology in place for vectoring to the blind deposits. And of course its in Oz and the area is in close proximity to infrastructure. Probably as good as it gets for a potential multibagger in the making given our current low market cap. Also looks like we will soon start testing that discovered offset to the rich Wattle Gully mine. Been waiting for quite a while to see the company test this.

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Agree re confirmed spodumene, looks promising, but exercise caution with respect to grades when dealing with selective rock-chip sampling. This is the nature of this type of sampling when exploring for any type of deposit, indicative, but never representative.

MXR Price at posting: 2.9¢ Sentiment: Hold Disclosure: Not Held
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Ann: Soil mapping reveals coarse spodumene at Bird Rock Prospect, page-4

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