Valid point...but...they have already found high grade samples...

Valid point...but...they have already found high grade samples in trench work done.

Geoscience Australia1 identified Lake Wells as one of the highest potassium potential salt lake​

systems in Australia
Lake Wells Project

Grade, brine composition and volumes are key
• Brine pit sampling at Lake Wells returns very high SOP values
• 7.36 kg/m3 K equivalent to 16.41 kg/m3 SOP
• 6.10 kg/m3 K equivalent to 13.60 kg/m3 SOP
• Average across all pit samples of 4.93 kg/m3 K equivalent to
11.00 kg/m3 SOP
Brine
composition
LD
(ASX: RWD)1 Lake Wells
Ca (kg/m3) 0.46 0.63
K (kg/m3) 5.54 4.93
SOP (Kx2.23) 12.37 11.00
Mg (kg/m3) 5.92 8.73
Na (kg/m3) 93.58 74.10
Cl (kg/m3) 151.20 127.10
SO4 (kg/m3) 25.95 18.67
TDS (g/l) 237 243 1. Reward Minerals Limited, Melbourne Mining Club Presentation, May 2014
Geoscience Australia identified potential brine recharge from
ring paleochannel feature at Lake Wells
• Historic and GPH drilling records show strong groundwater inflow and
the presence of a deep (+60m) paleochannel in the central part of
the project area
Preliminary brine chemical analysis
further indicates high grade SOP
potential
• Forward work program includes full suite of​

hydro-chem. analysis

This is a bi drill program imo to possibly define a JORC resource on the Lake Wells Project.

Not a difficult resource to define and will only take $500,000 exp to get a JORC resource on it.

MC could easily be $10m NOW imo. Currently $3.5m. Share price could comfortably be at 12c imo. dyor