Highlights
• Significant increase in the mineral resource to 40.8 Mt @1.40% Li20, all classified as Indicated (JORC 2012)
• Current mineral resource is west of the James Bay Road and it remains open to the east and in the west at depths greater than - 335m below surface
• Numerous untested pegmatite’s outcrop and sub-crop elsewhere within the claim area of the project
• Metallurgical test work for process design already well advanced in Perth, Western Australia
• Further drilling for infrastructure sterilization has commenced
• Mine design and planning work has been awarded to Mining Plus
• Feasibility Study preparation ongoing, upgrade of resources to reserves expected in H1 of 2018.
GXY Price at posting:
$3.80 Sentiment: Buy Disclosure: Held
