LSR 50.0% 0.1¢ lodestar minerals limited

Ann: Lithium Mineralisation Confirmed in Nepean Drilling, page-122

  1. 6,296 Posts.
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    Dont be confused
    Nepean is a Nickel Project - A very decent one at that-
    The lithium is just a added bonus

    AOU/LSR at Nepean recently had 500m strike Extension to south of the old Nepean mine,Very shallow and high grade including

    8m @ 4.3% Ni from 35m)

    (Plus.. 8m @ 3.2% Ni (from 63m),

    5m @ 3% Ni (from 59m) so looking amendable to open pit mining)


    AOU has Off-Take with BHP for Saints.

    BHP supply Nickel Sulphate to Tesla

    BHP needs feedstock for their West Kambalda Nickel concentrator plant.

    AOU/LSR Nepean deposit is real close to Kambalda.

    AOU have Matthew McCarthy on board, Exploration Manager, ex-BHP..

    LSR also own 20% of Nepean & Nepean could very wel be mined in the future

    For me it’s all about 900km2 at eaa was Earaheedy though -

    Nepean, Coolgardie Lithium ,Telfer Gold are all just added bonuses

 
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