MTC 2.13% 23.0¢ metalstech limited

Ann: Leading Chinese Chemicals Manufacturer Takes Strategic Stake, page-190

  1. 6,296 Posts.
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    So we have no Visuals and we are going to receive Lab results on the assays of some or all of the 18 holes in the next few days..
    Why no Visuals and only Lab results..
    Here's my theory --

    We have the new outcropping pegmatite discovery 1km to the east of Known 1.2km pegmatite trend at surface(as mentioned in Ann as target) and the drill core at the newly mapped pegmatite outcropping has returned something significant and MTC management want to be very careful what they release to the market..

    If MTC were to Ann that through visuals,the geological loggings can confirm 2.2km of known strike it would a massive call without Lab conformation.That Makes it a huge strike distance and pegmatite trend for such a high grade system.

    If we've hit anything 1km east we have a known strike of 2.2km and would remain open in most directions.

    We've also only drilled 18 of the planned 25 holes averaging 83m per hole so its a high possibiliy the pegmatite system could be layered as well and host more Spodumene at depth

    Even an average Pegmatite of 15-20m at 1.6%Li from surface would be an absolute cash Cow..
 
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