• A total of 15 diamond drillholes were completed, totalling 1,774m. • Drillhole logging and geological mapping highlighted the presence of pegmatites as surface outcrops and up to 100m thick at depth. • As lithium was not a commodity of interest at the time, these pegmatites, which are host rocks for lithium in the form of spodumene, petalite and or lepidolite, were not sampled and assayed for lithium. This oversight presents an opportunity for further investigation into potential lithium deposits in the area.
So we had 1774 meterage over 15 holes = 118 Average depth with thicknesses of 100 meters of Pegmatites so what are the average rates here we can expect to see if Lithium is present.
Have we hit pay dirt here the market should react to this but its been a red day in all indexes.
ICG Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held
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