So I have started looking at Kookaburra Gully and the up and coming drilling program.
I suspect the drilling will be announced shortly as the lack of rain means harvesting has been early and is now largely complete in the area.
I could be wrong but I think I have discovered something that is quite surprising!
On the 17th of May 2017 the company announced a JORC report for Kookaburra Gully of 2.03Mt @ 15.2%
https://wcsecure.weblink.com.au/pdf/LML/01858091.pdf
Then just 6 Days later they release more Kookaburra Gully drill results..
Additionally these results are probably some of the best to date and contained the most northerly drill holes on strike.
https://wcsecure.weblink.com.au/pdf/LML/01859183.pdf
Drill Hole KK60 is the northern most drill hole on strike and look at the results!
KK060 (25 m @ 21.5% TGC from 19-44 m)
These holes have never been added to the resource estimate!
In my view these 15 holes that have been excluded from the resource estimate already constitute a significant resource upgrade. Probably another 20% just by including the holes. With the resource having significant width, high grade and being open at the northern end, adding another 50-100 metres of strike could have significant ramification to the size of the deposit within the mining lease
I look forward to the drilling which should commence probably within 4 weeks.
- Forums
- ASX - By Stock
- Ann: Lincoln Minerals Investor Presentation
So I have started looking at Kookaburra Gully and the up and...
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LML (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.7¢ |
Change
0.001(7.69%) |
Mkt cap ! $11.92M |
Open | High | Low | Value | Volume |
0.6¢ | 0.7¢ | 0.6¢ | $11.28K | 1.628M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
31 | 15521736 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 1521764 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
31 | 16031736 | 0.006 |
22 | 23713665 | 0.005 |
6 | 2390001 | 0.004 |
3 | 1400000 | 0.003 |
1 | 300000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 1521764 | 1 |
0.008 | 7221685 | 13 |
0.009 | 2489136 | 4 |
0.010 | 9082030 | 8 |
0.011 | 4950000 | 2 |
Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
|
|||||
Last
0.7¢ |
  |
Change
0.001 ( 0.00 %) |
|||
Open | High | Low | Volume | ||
0.7¢ | 0.7¢ | 0.7¢ | 996765 | ||
Last updated 14.59pm 08/05/2024 ? |
Featured News
LML (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online