ASX ANNOUNCEMENT 3rd Drill Hole intercepts a total of 17m of...

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ASX ANNOUNCEMENT
3rd Drill Hole intercepts a total of 17m of metres of visible Spodumene & Petalite Bearing Pegmatites
4th Drill Hole intercepts a total of 24m of metres of mineralised Pegmatites at the Company’s Arcadia High Grade Lithium Project
Drill Hole Summary ACD003
 Drill hole ACD003, which is situated 50m down dip of the first borehole has intercepted a similar number of visibly identified spodumene and petalite bearing pegmatites totalling 17m. The most significant are as follows:
o 0.55m Upper spodumene bearing pegmatite from 9.38m – 9.93m
o Total of 5.70m Main Zone spodumene bearing pegmatite in two zones from 30.58m - 32.78m and 34.39 – 36.69m, well mineralised in spodumene and petalite
o 1.91m L5 Zone spodumene bearing pegmatite from 60.34 – 62.25m
o 4.78m of L6 Zone spodumene bearing pegmatite from 66.75 – 71.53m
Drill hole Summary ACD004
 ACD004 was collared 50m northeast of ACD003, and 60m north of ACD001
 Fifteen mineralised pegmatites were intercepted, totalling 24.06m
 The most significant being:
o 3.71m of U2 Zone spodumene and petalite bearing pegmatite from 27.5m - 31.21m
o 5.54m of Main Zone spodumene, petalite and beryl bearing pegmatite from 36.06m – 41.6m
o 1.53m of L5 Zone, spodumene and petalite bearing pegmatite from 56.6m - 58.13m
o 6.3m of L8 Zone, spodumene, petalite and lepidolite bearing pegmatite from 64.73m - 71.03m
 Drilling results continue to be in line with expectations from historic data.
 The second diamond drill rig has arrived on site and is now in operation.