The other favourite regarding "Mining" is the announcement made...

  1. sqe
    6,939 Posts.
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    The other favourite regarding "Mining" is the announcement made about Kangaroo Island. The headline said

    " Lithium pegmatites identified at Dudley prospect, Kangaroo Island". They reported some rock samples with assays of 0.43% Li2O. The company reported this as follows "Lithium Australia considers this significant" yet if you read the table, it had the following


    https://hotcopper.com.au/data/attachments/2441/2441917-f057ffc552e7eb269205bf19cfe4d09a.jpg


    https://lithium-au.com/wp-content/uploads/2016/11/20062019-Lithium-pegmatites-identified-at-Dudley-prospect-Kangaroo-Is.pdf

    1 rock sample was 0.43%, the rest barely registered any lithium, and the company described this as "Significant"
 
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