Ann: Assays Confirm High Grade Lithium Discovery at Faraday, page-65

These explorers are getting loose with their definitions of "high-grade" discoveries. There might be the odd 1-2 metres of high grade here but again, halting for <1% Li2O grades will never end well. Disappointing but future potential still exists.

1. On the plus side it turns out the pegmatites weren't dipping east like they originally thought. So the resource is now open to the west and north into WIN's M15/102 tenement, while also being open to the south into M15/103. No negotiations required for mineral rights required if there is no need to pursue the deposit to the south.

2. Exploration will now continue in January, drilling to the west of the current drill area (red box) to target pegmatites at depth where grade may increase. Drilling along strike (orange) to test the northern extension that persists under alluvial cover. 3km of potential extension to the west and 2.4km to the north of the tenement.




3. It would appear from their communication that the system is spodumene dominant, with no mention of lepidolite, which despite the grade is a good sign for the right geochemistry being present.