below is the correct analysis any idiots selling are uneducated making uninformed decisions and like to lose money when it was only one month double the price and can go 10 cents The results from Andover South Lithium Project present significant value in terms of potential for lithium resource development, particularly considering the large-scale pegmatite systems encountered in the drilling program. Here's a breakdown of the key points:1. Major Pegmatite Zone Intercepted at Target Area 7Drillhole ASDD023 intersected approximately 250 meters of pegmatite-bearing zones between 309m and 558m, with the hole being terminated due to mechanical issues at 558m. The pegmatite zone remains open at depth, with further drilling planned to continue from this point.This large pegmatite intersection at depth is significant as pegmatites are the primary host rock for lithium-bearing minerals, particularly spodumene, which is highly valued for battery production.Structural corridor identified in Target Area 7 suggests this could be a major pegmatite emplacement zone, which is highly attractive for further exploration.2. Positive Results from Target Areas 1 & 2Early results from Target Area 1 and 2 show the widest intersection of 15.3m at 0.53% Li2O, with the highest individual assays exceeding 2% Li2O.Lithium grades above 1.5% Li2O are generally considered high-grade, and results approaching or above 2% Li2O are particularly valuable, especially given the growing demand for lithium in battery applications.These intersections are also noted for being open along strike and down dip, suggesting substantial potential for further drilling success and resource expansion.3. Ongoing Drilling and ExplorationDrilling continues at Target Area 7 to test the strike extensions of the pegmatite zone, up dip, and at depth. This could further expand the size and quality of the resource.The potential for more pegmatite zones is high given the ongoing exploration and structural features identified in the region.4. Upcoming Assay ResultsAdditional drilling results and assays from Target Areas 1, 2, and 7 are expected in 3-4 weeks. This could provide further confirmation of the project's value and extend the potential resource base.Value AnalysisHigh-Grade Lithium Potential: The intersection of high-grade lithium mineralization, including assays above 2% Li2O, positions the Andover South Lithium Project as a promising lithium resource in an area with ongoing exploration success.Exploration Upside: With the pegmatite systems remaining open along strike and at depth, there is significant upside potential, which could substantially increase the resource size as drilling continues.Strategic Timing: The results align with the increasing demand for battery metals, particularly lithium, which is a key component in electric vehicle batteries and energy storage systems. This aligns the project with the global energy transition, increasing its attractiveness to investors.Infrastructure and Location: Depending on the proximity to infrastructure, this could further enhance the project's value, providing cost-effective pathways to development.Overall, these results suggest that the Andover South Lithium Project holds substantial exploration potential, and if further drilling confirms the expected results, it could represent a significant resource in the rapidly growing lithium market. The high-grade results, alongside the structural corridor at Target Area 7, make this project particularly promising for future development.
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below is the correct analysis any idiots selling are uneducated...
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Open | High | Low | Value | Volume |
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85 | 49580103 | 0.4¢ |
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