Market is down and most of the lithium stocks have been spanked!
Doesn't look like we are getting a drilling update post completion of the current drill program. It would appear that the company is taking a conservative path and awaiting for the assays to do the talking.
I have no doubt that we have hit pegmatites over the preliminary wide spaced scout drilling in this program. The question is over what intervals and at what grades of lithium. Once the company gets these results we can look forward to a more targeted approach over the 2 square Km's that this program covered. This in combination with some deeper holes (partially funded by EIS grant) should make for a good start to 2024. I would imagine that further soil anomalies and pegmatites will also be drilled to the south in the phase 2 section of the soil sampling program. Plenty to look forward to.
MXR Price at posting:
4.3¢ Sentiment: Buy Disclosure: Held
