Ann: High-Grade Lithium Results in Stacked Pegmatites at Root Bay, page-15

No, I think the big money is waiting to see the scoping study and are prepared to pay a bit more if they like what they see.

Also thanks @Haplo for the reminder about this Sept 2016 release by ADV. At least at the surface of RP_07 there are references to the Spod being coarse grained. Coarse grained Spod increases the likelihood that DMS would be a viable concentration method which would keep capex lower than flotation alternatives.



So Ardiden took a 15m channel sample from 600375 / 5642399 (RB-23-001 was drilled at 600403 / 5622412 while RB-23-014 was drilled at 600397/5622445, both of which are very close to the channel sample). ADV reported 13m at 1.77%. GT1 have relooked at this channel sample and extended it to 14m @ 1.67%. Unless there's some weird rounding/typo's the extra metre added was down at around 0.25% and 0.39%. Its a little surprising they lowered the grade by 0.1% for only one extra metre on what is now called "Root Bay Outcrop" on the maps. The Channel sample is recoded as RBCH-16-01. Only one of the original 13 samples was under 1.4% so its fairly consistent mineralisation from surface, at least in that pegmatite.