CXO 5.10% 9.3¢ core lithium ltd

Ahoys was Already Factored Out!!!, page-23

  1. 1,154 Posts.
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    Not Really,
    It is what it is, a 59m intersection @ 1.45%
    ,

    True widths are clarified in the Quarterly Report :-

    Grants Prospect RC and Diamond Core Drilling Results


    Phase 1 RC Drilling
    Six holes were drilled by Core in its maiden drilling program at the Finniss Lithium Project at the Grants prospect.

    The best result was 1.78% Li2O over 49m, containing zones of high-grade spodumene mineralisation of up to 9m @ 2.05% Li2O (drill hole FRC007). Other holes at Grants also returned zones of high-grade lithium.

    All holes in Phase 1 at Grants hit pegmatite intersections over broad intervals of 30–50 metre widths (approximately 20-30m true width), containing high grades of lithium as spodumene mineralisation

    Phase 2 RC Drilling at Grants
    The first batch of results from the Phase 2 RC drilling completed during the reporting period at the Grants Prospect have increased the size and depth of continuous high grade mineralisation defined at Grants.

    The best results include 59m high grade spodumene intersection at 1.45% Li2O (FRC031) and 55m at 1.42% Li2O (FRC033), containing a number zones above 2% Li2O. All the other drill holes at Grants (6 in total) also hit high grade lithium intersections.

    These new RC assay results are consistent with all previous RC and diamond drillholes at Grants which have all hit thick intersections of excellent quality coarse grained spodumene, and show that high grade spodumene mineralisation is continuous between drill sections and is open at depth.



    Drilling at Grants has now confirmed continuous high grade spodumene mineralisation in drilling over 250m in length. Mineralisation is open at depth to at least 200m and is up to (30m in true width)



    BP33 Prospect RC and Diamond Core Drilling Results

    The first prospect drilled by Core at Finniss was the BP33 prospect, where four holes were drilled with all holes hitting pegmatite intersections over broad 40–60 metres (approximately 30-35m true width), containing high grades of lithium as spodumene mineralisation.

    The best result was 1.5% Li2O over 38m, containing zones of high-grade spodumene mineralisation of up to 7m @ 2.02% Li2O (drill hole FRC003). The other three holes at BP33 also returned zones of high-grade lithium.

    Initial observations of the BP33 core show that high-grade lithium as spodumene is almost ubiquitous throughout the first 40m fully cored pegmatite drill intersection (Figure 7-8).
    The BP33 prospect is located approximately 150m north of BP32 and 200m NE of BP32W.

    It is likely that all these pegmatite bodies are part of a larger interconnected pegmatite swarm, and Core plans to drill these prospects with subsequent phases of drilling at Finniss.
 
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