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I guess a grade of 1.24% LiO2 needs thicker intersections as my...

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Farmdownsouth

3,151 Posts.

1179

07/12/22

10:22

Post #: 65191790
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Originally posted by Son of Gwalia: ↑

They drilled down-dip of a 20m wide pegmatite that is very clearly showing defined lenses of Li2O mineralisation (appears to be spodumene) and distinctly unmineralised zones with the pegmatite. The mineralised zones contained very fine-grained (problem for DMS separation; would need to go floatation route with very fine crush size) relict spodumene (i.e. weathered as would be expected near surface for the Pilbara) so lower grade spodumene and a nightmare for DMS separation. Market reaction is understandable when you examine the results.

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I guess a grade of 1.24% LiO2 needs thicker intersections as my brief research suggests resources of in excess of 10 million tonnes are required for critical mass.

WIN Price at posting: 51.0¢ Sentiment: Buy Disclosure: Held
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Last 2.7¢		Change -0.001(1.85%)		Mkt cap ! $8.786M

Open	High	Low	Value	Volume
2.7¢	2.7¢	2.5¢	$106.4K	4.106M

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No.	Vol.	Price($)
3	73015	2.6¢

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Price($)	Vol.	No.
2.7¢	509132	3

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No.	Vol.	Price($)
3	73015	0.026
5	1276717	0.025
9	1214998	0.024
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2	1075000	0.022

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0.027	509132	3
0.028	400000	1
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0.030	500000	1
0.034	250000	1

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I guess a grade of 1.24% LiO2 needs thicker intersections as my...

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