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Ann: PEC to Acquire Larger Ground in Brazil's Lithium Valley, page-7

  1. 9,610 Posts.
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    PEC is getting pretty artistic with the inferred corridor. Granted their may be some geological diagrams they've seen (which haven't been provided in today's ANN), but if they're working off the LRS ANN from June 28th, the image in today's ANN is totally inaccurate.

    I've taken the liberty of overlaying the rough LRS corridor in the image below (from the LRS 28th June ASX ANN).

    Also worth noting that Ionic has the tenement directly east of LRS's Colina tenement and Ionic's drilling has to far shown that the further east they've drilled, the worse the drill results (total dusters in the far east of that tenement).

    The 3x PEC tenements appear to be approx 35, 45 and 50km from Colina.

    On the positive side, the whole Jequintinhona Valley area appears to be 'generally prospective' for lithium, but there's a big jump from 'generally propspective' to actually finding an economic deposit.

    https://hotcopper.com.au/data/attachments/5495/5495342-cef517038989fc9a1b4884630638ffde.jpg
 
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