This is what we are all waiting for, CADE and DAVY shallow drilling Pegs to come in mineralised.
Announcement of results should be in within the week
If mineralised it should add to the resource as I wouldn't have thought the top 50-60m oxidized zone would NOT have been included in previous resource calculations.
CADE central
DAVY
From the last round of drilling - those up-dip drills to test near surface mineralization
The rig shot here is Drilling on Davy - PDRC519 - from 14 -53 meters, drill samples usually placed in rows of 10.
This looks like fresh peg to me from about 14m - this means it should be mineralized
Remembering if we have fresh Peg as per shallow hole PDAC386 (below) (in Cade) from 4-25 meters it should be mineralized - 21m at 1.78%Li2O
Because its thick intersection it has a higher weathering resistance so it should be fresh and mineralized
2.3Mt at 1.13%Li2O
So the two new drills PDR518, 519 close to surface, I've attempted to place on an company 3d model of Davy - this may add to resource and/or to the to Indicated category. The 39meters encountered is only an exaggerated apparent thickness due to the angle of dip/plunge of the Pegmatite and angle of the drilling - my estimates of true thickness somewhere around 20-25m.
Good Luck all
