Pretty important fact too is that the Desert Minerals drills were just just 500m from our targets and recorded TREO results >1000ppm.
Co probably hopeful that lake formation would make higher- and showed stronger radiometric signatures than the DM1 area- so hopefully much higher drill results and greater potential for cash flow positive.
Co could be hoping for a huge ‘sugar hit’ to SP down the track with this too- just as it’s looking to ‘raise’ money for Paradox Lithium Projects- their major focus!
Ann: Multiple Large REE Anomalies Identified at Hooley Well, page-46
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