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1.1¢ magnum mining and exploration limited

The question is then, how far can a lithium particle move down...

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Brh28895

167 Posts.

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27/01/23

09:05

Post #: 65901715
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Originally posted by RMInvest: ↑

You need to read the announcement properly, then comment from an educated standpoint.
Do you understand these were only stream sediment samples?
Do you understand what that means?

These are not hard rock chip assays, nor are they assays from any kind of drilling into hard rock.

They are simply stream samples, so finding anomalous lithium samples in the water indicates that somewhere in the rocks, upstream of the sample area, there’s a source of lithium in the rocks that the stream passes through and tiny particles of lithium are being collected from those rocks in the water. Without further information regarding the location of the source rocks, these stream sediment samples should in no way be thought of as representative of the lithium levels that might exist in the rocks themselves.

So they clearly haven’t yet found, nor tested those source rocks. When they do, then it’s reasonable to comment on the commerciality of the assays.

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The question is then, how far can a lithium particle move down stream???

MGU Price at posting: 2.5¢ Sentiment: Buy Disclosure: Held
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