Proving up a mineable deposit of open cut gold in one of the ESS properties will make development of lithium a very much easier proposition and will eliminate or greatly reduce any dilution of shareholder value in the lithium development process. Kalgoorlie is a very well developed mining district with excellent mining infrastructure. Development of any viable discovery of gold there will require little capital and no expenditure on infrastructure that will be necessary to develop a discovery in most other places. There are treatment plants able to toll treat any ore in close proximity of the ESS leases and mining contractors embedded in the area. Capital to develop a lithium plant can be generated while the lithium is being proved up and all the necessary approvals obtained. As far as I can see the ESS management are heading in the right direction. They have not eased up on lithium even if they are taking a cautious approach in doing the necessary preliminary work before spending money on drilling the lithium properties.
Proving up a mineable deposit of open cut gold in one of the ESS...
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