@mickvp25, as requested. 90% of RC & DD assay intervals reported...

@mickvp25, as requested.

90% of RC & DD assay intervals reported in releases dated 11^th and 30^th March were infill or geotechnical drill holes post previous resource upgrade (86% MRE increase) in February.

The main reason for these drill holes was not to primarily define additional tonnages but to increase JORC confidence via upgrading current resource categories to the right (ie. inferred to indicated & inf/indi to measured), prior to undertaking JORC proven & probable reserve modelling from the indi/meas resource categories only and to define a higher grade core component for the then proposed DFS (+/-15% accuracy) timetable.

An updated spreadsheet sectional resource for KV suggests an updated interim global KV resource, equating to plus ~150 to 155Mt @ ~1.34% Li2O for ~2.02Mt contained Li2O in total as a minimum may be released by LTR any day now.

58% of the current JORC mineral resource is classified as measured or indicated and it is anticipated that +85% of the new resource will be in the above value adding categories, ie. plus 130Mt from 80Mt.

Again, hope that helps some in their decision making process and best of luck to all. Bye …

……………………………………………………………………………………………….……
Sometimes the questions are complicated and the answers are simple.
~ Dr Seuss

“The latest drilling program, which began in August 2019, was designed to test for extensions for high-grade mineralisation and provide the in-fill data required to prepare an updated MRE, which largely comprises Measured and Indicated resources that may be converted to Ore Reserves.”, LTR March 2020 Quarterly Report, p4.