MLS 3.85% 2.7¢ metals australia ltd

Ann: Thick Intersections of Lithium Pegmatite at Manindi, page-833

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  1. 2,318 Posts.
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    There is every possibility that you may be spot on Shawno .
    Personally , I am not that concerned about the short term , my interest lies more in the potential extent of mineralised pegmatite that we have on the tenements which may have the potential to turn us in to a $ Bn or multi $Bn company .
    For example , we already have a JORC resource of high grade ( 6%) Zn but its not large enough to be commercialised atm .
    I am quietly confident that :
    We have a Li resource of significant size at Foundation .
    Based on what we have seen at surface in chip samples , and subsequent photos of drill samples , that our assays results will be good grade ??
    The mineralised zone will extend to significant depth , when drilled deeper .

    We know that we have other pegmatites that are mineralised at depth ..by confirmed drill assays .
    So , my interest lies in confirmation that we have an extensive mineralised pegmatite field ...beyond what we already know .
    Game , set and match at that point I think all our known assay grades have been superb , thus far .
    Hence my enthusiasm to get an update confirming that drilling in other locations , and/or surface exploration is locating additional mineralised pegmatite .
    Do you think anything is already factored into the sp for upcoming good assays ?Lovely to see your enthusiasm mate !
    Q



 
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