PNX 0.00% 0.4¢ pnx metals limited

Ann: High-grade Lithium, Gold-Silver-Lead in Kilfoyle Rock Chips, page-4

  1. 999 Posts.
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    Suggesting that the rock chip was taken from an extremely mineralised zone, that will not be backed up in drilling.


    The worlds highest garde lithium deposit is Greenbushed at 2.4%, AVZ will come in around 1.5% and so has BGS, PLS around 1.25%.


    To think that this deposit will prove up 6-8% drill cores is crazy, it's not going to happen.


    I say it makes a headline because people look at it and go "wow" but like 99% of rock chip samples it never occurs. there are so many companies that have gone down this path, I think PNX will be the same
 
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