This basically confirms GMN just hopes to buy a winning lottery ticket. They are riding the lithium boom in Brazil by optioning apparently random cheap tenements. The first indications of the majority of these tenements is that there is no hope to find lithium. Then at Logradouro, there are some pegmatite outcrops, but no mention of spodumene. Looking at the pictures there is indeed no spodumene.
I warned on this forum previously about the hype of highly weathered rock chips with a bit of lithium in them. This company has literally zero lithium expertise nor experience. It is just poor management that is trying to get lucky.
Ann: Brazil lithium exploration update, page-28
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