GXY galaxy resources limited

Can I suppress my excitement for much longer? JB "The drilling...

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    Can I suppress my excitement for much longer?

    JB
    "The drilling at James Bay was undertaken to reinforce the scale of the pegmatite and the significant potential for further growth. James Bay’s proximity to local infrastructure, including the accessible road networks, water and power supply are all natural advantages and key to the development of the Project. The Project Team will now focus on concluding the activities required on the resource upgrade campaign, in addition to commencing the work in relation to the Feasibility Study, both for the upstream mine and concentrator plant, as well as the downstream lithium conversion facility The current ore resource estimate at James Bay dates back to 2010, however the data that has been collected in the current drilling program will allow for an update to these resources and conversion to reserves, with the results to be included in the final FS. The relevant Environmental Studies relating to the FS will be also advanced in parallel. Metallurgical testwork conducted in 2012 used a dense-media separation (“DMS”) technique, produced a lithium concentrate with grades of up to 6.53% Li2O at a 75% lithium recovery rate."
 
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