Ann: Alvarroes Drilling Update, page-9

Really nice to see, where our money from the CR flows into... There where they always said and that also fits to their strategy...

"Lepidico’s strategy is straightforward, to leverage its registered L-Max® process technology to become a lithium producer from non-traditional sources, being lithium micas and phosphates, by calendar year 2019."

Source:
http://www.lepidico.com/wp-content/uploads/2017/04/LPD-170417-QA-with-Lepidico-Managing-Director.pdf

You should really read through the whole Q&As with JW again...

One of the goals of Alvarroes is now:

Initial JORC Code Mineral Resource estimate targeted for Q3 2017

Really great!

They are fully on track and keep their word!

I am fully confident!

From today's announcement:

"The drilling at Alvarrões is part of the Company’s campaign to establish a global inventory of lithium mica resources to provide feedstock for the proposed Phase 1 L-Max® Plant, currently the subject of a Feasibility Study by the Company. These resources are expected to be sourced from Separation Rapids in Canada, Alvarrões in Portugal and the Peg 9 prospect in Western Australia as well as other targets that are subject to the Company’s ongoing evaluation."

I wonder who will be next...