“In line with our aim of delivering an increased resource at the Ewoyaa Lithium Project, we are very pleased to report broad intervals of visible, coarse-grained spodumene in multiple drill holes near surface and outside of the current MRE footprint. These intervals further improve our confidence in delivering an updated MRE upon completion of the current drilling programme in Q2 2024. “We are excited to have intersected our longest pegmatite interval in the 2023 drilling programme to date. Located outside of the current Resource footprint and occurring only 6m from surface, the interval includes highlight intersections of visible coarse-grained spodumene over 74m from a depth of 39m and over 41m from a depth of 137m, respectively. “The coarse-grained, P1-type nature of the spodumene fragments observed in Reverse Circulation drilling chips is very encouraging as it performs favourably in DMS-only processing, as planned at the Ewoyaa Lithium Processing Plant, with good recoveries. “We look forward to providing further updates from the ongoing drilling programme in due course.”
A11 Price at posting:
52.5¢ Sentiment: Buy Disclosure: Held
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