Good announcement, it shows the clays with lithium bearing pegmatites are wide spread. The grades underground should be of similar values, comparable to REE in clay.
Neighbors with large deposits have shown grades of 500ppm are economic with scale.
Drilling will need to confirm depth extends to the Li, but we could be onto something large like our neighbors.
Similar geology to our neighbors is a huge plus and now confirmed Li on our tenement is fantastic.
We could move onto a drilling program later this year after more sampling and mapping is done. Li underground should be quite shallow drilling into the clays.
The new director may have actually lead us in the right direction finally, time will tell, but it's looking very positive.
- Forums
- ASX - By Stock
- Ann: Early Lithium Discovery at the Mustang Project
Good announcement, it shows the clays with lithium bearing...
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RMX (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.674M |
Open | High | Low | Value | Volume |
0.1¢ | 0.1¢ | 0.1¢ | $14K | 13.99M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
56 | 74987580 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 164065825 | 35 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
56 | 74987580 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 162211492 | 34 |
0.003 | 8800603 | 7 |
0.004 | 11700201 | 4 |
0.005 | 9950006 | 5 |
0.006 | 3403573 | 5 |
Last trade - 10.06am 13/05/2024 (20 minute delay) ? |
|
|||||
Last
0.2¢ |
  |
Change
0.000 ( 50.0 %) |
|||
Open | High | Low | Volume | ||
0.1¢ | 0.2¢ | 0.1¢ | 464334 | ||
Last updated 15.37pm 13/05/2024 ? |
Featured News
RMX (ASX) Chart |
The Watchlist
MGU
MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
SPONSORED BY The Market Online