And a little frustrating they keep on underselling/not representing the early drill results. The infill drilling does however have the potential to re-report this high-grade, nearer surface areas of the pegmatite through new drill holes. Perhaps its just a waiting game?
Having realised the acid was understating results TG6 changed to Fusion Li2O tests. TGRC0011 was 9m @ 1.62% in early reporting. With the correction to fusion tests other big lithium explorers use, RC11 becomes:
- With a 0.6% cut its 9m @ 1.93%.
- With a 0.5% cut its 10m @ 1.80%.
- With a 0.4% cut its 11m @ 1.68%.
- All three of these are better than the intercepts chosen for highest grade drill hole presented in the slide deck
When a drill result of 9m @ 1.93% or 10m @ 1.80% is available as an intercept to report and 10.5m @ 1.60% from a different drill hole is used instead?? I'm sure there's a strategy, but I'm just not sure what it is.
Original (Acid based)
Ann: Investor Presentation - RIU Gold Coast Resources Showcase, page-3
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