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11:58
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Originally posted by ainsleym:
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The Next Investors also highlighted the 3% lithium content in the spod ( from drill core using on-site assay gun). Grade is therefore good but its now down to intersections width before we get the full story across the pegmatite field, not just these first couple of holes. Stacked pegmatites are suggested in the new are they have identified along the NE direction, currently we are drilling SE in the down dip direction. Stacked pegmatites can mean accumulated appreciable intersection lengths. Oversold but agree some pullback to be expected. I hope that now we have the right drilling orientation and drilling rates have improved, and given its very and I mean very shallow drilling so far, in quite short time they will have completed more holes. A thicker intersection interval cannot be dismissed and could be arise at any time
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its quite possible re stacked but will be a very long time until the assays for the northern part. and several dusters along the way possible.
