Drilling of Large-Scale Ringwood Lithium Prospect Underway...

Drilling of Large-Scale Ringwood Lithium Prospect Underway
HIGHLIGHTS

• RC and RAB drilling underway on large-scale lithium targets contained within the Ringwood Pegmatite Swarm at the Finniss Lithium Project near Darwin, NT
• The Ringwood Pegmatite Swarm covers a sizeable area of more than 4 km long and 2 km wide
• Lithium potential of Ringwood confirmed by lithium soil anomalies that correlate with pegmatite outcrops and rock chip samples assaying up to 3.1% Li2O
• Large number of exceptionally large pegmatite bodies to drill test at Ringwood
• RAB drilling has already been successful in discovering new pegmatite zones
  ranging between 50m and 100m wide, and hundreds of metres long
• Maiden RC Drilling program at Ringwood to be completed by late August, with initial assay results expected 4 weeks after drilling is completed
• Maiden RC Drilling program now completed at the large Zola prospect and drill assays expected in August. Most drill holes hit broad intersections of pegmatite
• The Company is well funded and multiple exploration drill programs are being conducted at the Finniss Lithium Project in 2017, aiming to build a large resource base to support a long-life lithium operation

Point seven looks very interesting, can't wait for lab results to get back.