But like many here who are well researched into lithium, we know that if we even get 50m of 1.65% lithium oxide out of the 72.5 or 80m pegmatite intervals, then PMET levels of market cap it is.
And as someone rightfully pointed out, this is only the first 4 drill holes and Adina has traditionally had a higher hit rate according to the IPO prospectus (6 holes out of 10/11) with significant above 1% Li2O content. It is higher than Cancet’s roughly 33% chance of a positive hit. Jamar looks like it has a higher hit rate than main Adina.
By the looks of it, Jamar pegmatite is much deeper than the main Adina pegmatites and is open beneath vegetation in all directions and quite possibly connected along strike to the main Adina pegmatites undercover.
Not advice as usual.
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