15.5 million tonnes as a "first pass" result to produce a maiden resource from 50 holes for 5,200 meters of drilling.
The resource grade is 1.4% Li and the entire system that encompasses several parallel systems that are ALL open in both directions of strike and at depth. My sense is that most of this resource is estimated to a depth of 100 meters.
Follow up program of 10,000 meters could easily send this resource up to 30 million tonnes.
High grade "on surface" ore is the real "bull point here. Development will be extremely fast paced. Institutional players will swoop on this ASAP. Upside is +$1.00 per share. Good luck to all longs
15.5 million tonnes as a "first pass" result to produce a maiden...
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