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clock Created with Sketch. 30/11/24
14:43
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Originally posted by itsagas:
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The Andover South lithium project exhibits significant potential for lithium resources, though it remains in an exploratory phase. Drilling in Target Area 7 has identified substantial pegmatite formations containing spodumene, a key lithium-bearing mineral. While some intervals show high lithium concentrations, these occurrences are scattered, and further work is needed to determine their consistency and economic viability. Laboratory assays are pending to confirm lithium grades and the overall quality of the mineralization. The area under investigation spans a considerable strike length, suggesting the potential for a sizable resource. However, more extensive drilling and structural analysis are required to fully delineate the resource and evaluate its suitability for long-term, large-scale mining operations.
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Significant is dropped on every 2nd asx Explorer announcement..
(20min delay)