A11 atlantic lithium limited

The first few drill results on Ewoyaa west appear to be short...

  1. 3,679 Posts.
    lightbulb Created with Sketch. 7594
    The first few drill results on Ewoyaa west appear to be short enough that they didn't hit the 4m then reporting condition and weren't reported. That accounts for the nine black dots on the upper portion of Ewoyaa West. The southern portion of Ewoyaa West is as yet untested. The map below was noted in the 17 March 2022 update and in addition to Ewoyaa West notes Assan, Krofu, Kaampakrom North, Old Lady & Grasscutter North which are progressively being drilled so its likely Ewoyaa South west hasn't been forgotten, its just not yet its turn.

    I could be wrong, but I think they basically decided to fully drill the early development area so they knew which areas had something useful and what areas were over dud ground and useful for things like plant & equipment / waste dumps etc. They had a reasonable idea and this phase of drilling will have firmed up those plans. They have the ore to get into production but more is always better and slightly further afield exploration targets are being explored.

    This drilling update noted four of the six named additional targets/Corridors. Assan results (for the first time), More Kaampakrom North, More Grasscutter North results and five Krofu (GRC0845, GRC0847, GRC0851, GRC0861, GRC0865), but all the Krofu drilling was NSI. Old lady had eight previously reported results but I don't think there was anything special there (yet). If Ewoyaa West (south) is mineralised it could be big and need a suitable drilling plan.

    https://hotcopper.com.au/data/attachments/4963/4963572-24ba279d4b73c2f3543d28f226572a95.jpg

    Last edited by WhatsTheTip: 12/01/23
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
16.0¢
Change
-0.005(3.03%)
Mkt cap ! $110.9M
Open High Low Value Volume
16.5¢ 16.5¢ 15.0¢ $45.55K 288.1K

Buyers (Bids)

No. Vol. Price($)
2 49846 16.0¢
 

Sellers (Offers)

Price($) Vol. No.
16.5¢ 23351 1
View Market Depth
Last trade - 15.59pm 17/06/2025 (20 minute delay) ?
A11 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.