Early stage but drill results are encouraging. Better than what PSC used to report in earlier stage, when it was trading around $70-100m MC.
DKO on other hand only at $24m MC with near $21m Cash (after asset sale), so EV hardly $3-4m. Watch her out break through 10c today.
• Firsttwo drill holesintersect thick, mineralised pegmatites of up to 56m down hole width, intercepts include 40 m @ 1.11% Li2O and 16 m @ 1.39% Li2O
•Visual logging of subsequent holes indicates very thick intercepts of petalite and spodumene-bearing pegmatite of up to 87 m downhole; assays pending
• 18 reverse circulation (RC) drill holes completed totalling 2,090 m at the Sepeda Lithium Project - Portugal •New mapping extends strike length of mineralised pegmatite corridor to 2.4 km
•Phase two resource drilling brought forward to early November with metallurgical testwork about to commence
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Ann: Encouraging Drill Results - Sepeda Lithium Project, Portugal-DKO.AX, page-3
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