Ann: Drilling of Large-Scale Ringwood Lithium Prospect Underway, page-2

I really love the methodical way they go about things. Very measured and scientific. You can tell we have geo's in the office not corporate types. Good job.



The Ringwood prospect has not been subject to systematic pegmatite exploration by previous explorers, so in parallel with deeper reverse circulation (RC) drilling, Core has commenced a series of shallow (<10m) reconnaissance RAB drilling traverses. The RAB drilling is planned to drill through the shallow soils and laterite that conceals the bedrock, with the aim of defining the lateral extent of the numerous known pegmatite bodies at Ringwood. It is also anticipated that this reconnaissance RAB drilling will potentially define several new pegmatites targets in addition to the existing targets. Preliminary results from the reconnaissance RAB drilling at Ringwood have already been successful in identifying large pegmatite swarm zones with interpreted widths ranging between 50m and 100m wide, and hundreds of metres long.