Ann: Lithium drilling commences at Faraday, page-12

  1. 787 Posts.
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    Backlog. 10-14 weeks is the current estimate. Extremely doubtful assays are returned prior to Christmas.

    If their projections for these pegmatites are correct, there is the potential for up to:
    • 70m in FD-003
    • 17m in FD-004
    • 44m in FD-005
    • 9m in FD-006
    https://hotcopper.com.au/data/attachments/4804/4804436-96b0e02b17565c74d4dec9fe62e14c1e.jpg

    Numerous high-grade spodumene samples across 100m of surface strike. The region has strong geochemical similarities to Mt Marion, Bald Hill and Pioneer Dome.

    https://hotcopper.com.au/data/attachments/4804/4804454-a59eeb095dc4beb9357344111c595b2f.jpg
    The largest concern here is the tenement boundary to M15/103 to the south is held by Mincor. Not sure what the relationship is there but a lithium farm-in would be a good step if drills prove successful.


 
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