The 10-20 Mt Lithium resource looks like a do-able target, expecting more infill & extensional drilling results.
I also hear LTR is doing roadshow in this week?
Free I also like LTR's 100% Vanadium project that is covering 1040KM2 right next to IRC.ASX's 3.3 Billion ton @ 0.4% JORC resource.
Its a pity to see some time ago IRC has given out 75% of the project by earn-in with other funds,
lucky LTR is holding 100% here, and I like what the company said about their Vanadium resource:
-- Potential to quickly estimate JORC compliant resource based on historic data
--Mineralisationis shallow (<15m)and free digging
--Preliminary metallurgical test work in progress
given the size of the tenement, I think once the JORC is estimated, it is likely to be a few Billion ton Vanadium resource too !
Low cost exposure to ermerging energy-storage metal rightly said by the management.
Ann: Significant lithium mineralisation discovered at Buldania, page-16
Add LTR (ASX) to my watchlist
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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| Last updated 15.59pm 03/05/2024 ? | |||||
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