SUM 32.8% 38.5¢ summit minerals limited

Ann: Quarterly Activity and Cashflow Report, page-2

  1. 2,451 Posts.
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    The Quarterly is a decent read. Potential for a discovery on every corner.

    3m Cash

    Long hold.

    Summit Minerals Portfolio
    The Summit portfolio comprises six prospective mineral exploration projects focused on the energy and critical mineral space:

    The Phillips River and Bridgetown Projects have prospective lithium targets along strike and close to the World-class Mt Cattlin and Greenbushes lithium operations in southern WA.

    The Phillips River project also has the same geology as the adjoining Bulletin Resources’ (ASX: BNR) Phillips South lithium discovery.The Northern Project comprises a Pilbara-located lithium and REE project. The northern application (E45/6087) lies between the Pilgangoora (ASXLS) and Wodgina (ASX:MIN) lithium operations and exhibits very similar geology.

    The Stallion Project, located on the eastern margins of the Yilgarn Craton, shows significant REE enrichment in the weathered granitic country rock.The Windfall and Magwood Antimony Projects include multiple historic antimony mines, such as Munga Creek and Magwood. Each historical mine hosts a walk-up drill target.

    IMO
 
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29.0¢ 38.5¢ 28.5¢ $2.572M 7.432M

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Last trade - 16.10pm 14/06/2024 (20 minute delay) ?
Last
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