FFX 0.00% 20.0¢ firefinch limited

Ann: Investor Presentation-BGS.AX, page-135

  1. 910 Posts.
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    Thanks for that, Boy1.

    Disappointing that the initial target may not be met from the first round of drilling, but far out think about it, a JORC of that size resource would put us on par with GXY's Mt Cattlin, NMT's Mt Marion and AJM's Pilgangoora project - all front running lithium companies on the ASX with > 200M market caps and grades in the low 1% range - grade is king.

    I think that the main load (assuming that vertical depth of 200m is achieved) will be higher than 10Mt.
    900m strike (length upgraded from current drilling) x 30m width x 140m depth x 2.9 SG = ~11Mt. Plus they will have the western extensions and other outcrops which will only add to this.

    Very excited for the assay results from these "clearly visible crowded spodumene" drill chips!
 
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