Independent Review Confirms World Class Potential of the Manono Lithium Project
Highlights – Manono Lithium Project
Assay results of samples collected from reconnaissance trenches confirm the presence of lithium mineralisation in pegmatites extending along strike for more than 13 kilometres.
Assay results from trenching only include intervals of 29m @ 1.54% Li2O and 38m @ 1.29% Li2O in relatively unweathered pegmatite and 197m at 0.50% Li2O in predominantly weathered pegmatite. Further results are awaited.
Initial diamond core drilling of 1,734m is now complete, sampling of core is ongoing with assay results expected early August.
Within the 13,000m zone there are six separate large pegmatites defined to date with lengths from 400m to 5,400m.
It is confirmed that the six large pegmatites all contain spodumene, with spodumene mineralisation constituting up to 30% of the rock volume
Logging of drill core completed to date indicates true thicknesses of the large pegmatites range from 50 to 220 metres – much larger than initially predicted.
The next phase drilling program is planned with a view to having an initial lithium
resource calculated by early 2018.
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