"Castillo Copper looks to paint a bright lithium picture to complement copper play."-Proactive Investors UK, 29.9.21
Quote: "The Board is positioning CCZ to potentially create SIGNIFICANT INCREMENTAL VALUE from the transition to renewable energy sources & accelerating demand for electric vehicles globally-CCZ*s MD, Simon Paull."
"90 day option to acquire 2 highly prospective Australian lithium projects."
"The first project is L I T C H F I E L D which is C O N T I G U O U S with CORE Lithium*s strategic Finniss Lithium project, JORC 7.4Mt @1.3% Li20 with production slated to be commence H2, 2022."
"Its second acquisition target is the P I C A S S O lithium project in the Norseman region of Western Australia which is near LIONTOWN RESOURCES*S Buldania project with a JORC 14.9Mt @0.97% Li203 and has mapped pegmatites that potentially host lithium mineralisation."
"The geology along Lithfield*s Western boundary is COMPARABLE to that PREVALENT AT FINNISS. With the potential for lithium pegmatite bodies to be apparent in the western zone of Litchfield, there is possibility of contiguous mineralisation."
"CCZ*s primary and secondary targets at Litchfield were selected for their potential to host lithium-bearing pegmatites intruded within the Burrell Creek formation. Up to 600 soil and rock-chips samples are currently being analysed at a lab. Assay results will be back SHORTLY."
"Picasso is also close to LTR*s Buldania project, circa 20km west..."
Call up the title to read as not allowed to post external links.
----- CCZ in a short video: https://twitter.com/TheMarketBullAu/status/1443001764081401858 29.9.21
"BOTH PROJECTS HOLD SURFACE outcrop of PEGMATITESL" [Ref: Litchfield & Picasso RNS,29.9.21]
CCZ Price at posting:
3.7¢ Sentiment: None Disclosure: Held
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