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08/11/23

23:46

Post #: 70796977
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Originally posted by Tcb007 ↑

I see alot of similarities here with IR1.

IR1 spodumene crystals in several trenches with up to 8% lithium bearing spodumene
Trench 1: 2cm to 20cm and 67 spodumene observed along the entire trench
Trench 2: 13cm to 20cm crystals
Trench 3: 6cm to 28cm spodumene crystals

Trench samples were collected at 1m intervals vs OZM's 4 spodumene crystal samples at 2m intervals with an average grade of 6.94%

IR1's longview tunnel was mined in the 1950's and spodumene observed throughout the entire tunnel and OZM's Jaime Linopolis underground mine occupies 25% spodumene and has been mined by the Pacheco family and artisanal miners for 50 years. In the announcement dated 15/9/23, there's a picture that's 1.3m wide and 70% is occupied by spodumene.

Ir1's Beecher mine produced Columbite, Beryl, Spodumene, Amblygonite and Tantalite
OZM's Linopolis Jaime intermittently mined for Tantalite, Beryl, tourmaline, Brazilianite and Feldspar.

IR1 picked up their project relatively cheaply, mates rates and AP has picked up an absolute bargain here......not sure how he did it to be honest.

Confirmed +7m true width and that pegmatite looks to be around 30 metres wide. Still very early days but if they can extend the thickness here, then this will catch up to Ir1 very quickly. Underground grades are there, Ir1 got to $250m cap without any drilling

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Love your work Tcb007 ...

OZM Price at posting: 15.5¢ Sentiment: Buy Disclosure: Held
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Love your work Tcb007 ...

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