FFX 0.00% 20.0¢ firefinch limited

Ann: Exceptional Widths of High Grade Lithium at Bougouni-BGS.AX, page-475

  1. 2,674 Posts.
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    Hurter,

    I'm no geo but I think it has to do with the cut off. In BGS's ASX announcements, they only listed hole data to the market if the drill hole intersected lithium at greater than 1.0%. If it did, the length of the hole was reported along with it. The 1.0% used there is the 'cut off'.

    So what your being told is all the high grade stuff.

    BGS did also intersect lower grade ore (0.5-1.0%) along the way with its drilling, and due to that, theres confidence in including tonnes of lower grade ore in the JORC, its just that BGS said to the market, we haven't bothered even telling you about what's under 1.0% coz we have enough of the stuff above 1.0% .

    So there is some data you wouldn't have been able to factor in due to it being not significant to the higher proper stuff.
 
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