This report confirms that the ground we have is likely to be worthless.
http://www.pureenergyminerals.com/w...ferred-Resource-43-101-July-17-2015-Final.pdf
This is the typical model for lithium concentrations in the Clayton Valley
Here is SOC's diagram from the announcement overlaid on Google Earth, I have drawn a red outline around the area we have the option over.
I then overlaid the reconnaissance level gravity survey which was completed in 2009 by Hasbrouck Geophysics for Rodinia (from the report above) distances are in metres below surface and switched off SOC's diagram.
As you can see, Pure Energy has the entire basin stitched up, our patch of dirt is on an underground mountain.
I only regret that I couldn't get this done and let you all know before the close of the rights issue.
This really begs the question, what does SOC have in mind for the $3M in shareholders money they probably have now?
