Ann: Multiple pegmatites confirmed at the RJ 101 Lithium project, page-40

Nice to see an update from Management to keep shareholders informed although we already knew Pegmatites existed in the North of Russian Jack..

Russian Jack tenement is 600km2 ,so lots of mapping and sampling to happen in future but this is a great start to the expo campaign as we’ve shown that elevated Lithium Exists over 500m strike within Pegmatite swarms.

As LD99 has stated these grades are low but we don’t know to what extent these chips were taken.
I still see this Ann as very positive as The Rock sampled ,especially in outcroppings, can be extremely weathered meaning Li content is exhausted.
What we do have is Pegmatite swarms that possibly could host significantly higher grades in the fresh rock at depth & until we drill it’s all just a guessing game.


The newly acquired leases is also a nice little asset to complement Tambourah & Russian Jack.

IMI ,RGL & MRR are all drilling Tambourah leases & have had a steep incline in share price from lows which is only working in TMB favour.

$13m MC + Cash with Pilbara Lithium Exposure & large landholding at Julimar still seems like a decent risk/reward play