Argosy Minerals is about to explore their Tonopah project in the next couple of months:
https://hotcopper.com.au/threads/ann-quarterly-activities-report-march-2021.6025145/#post-52791290
Now why is that interesting? Nearology!
From an earlier announcement from AGY, [ https://hotcopper.com.au/threads/ann-tonopah-lithium-project-update.5869415/ ] geophysical gravity data was modelled to create a 3D depth inversion model of the Clayton Valley basin in which sub-basins were defined in which lithium brine may be trapped.
That model showed as well that RLC's Clayton Valley tenement sits right on top of one of those sub-basins, as does AGY's. The geology of AGY's Tonopah and RLC's Clayton Valley is analogous to Albemarle's silver peak mine a bit further South East.
Its interesting to see that the borehole from the big smokey tenement of RLC (MBD-01 which didnt give good results) was not positioned in one of the sub-basin brine traps, and neither was the survey line over it.
Basically, I think we may ride with the results of Argosy, if their results show good brine, then we have high chances good brine is in the clayton valley tenement; or maybe Geoff should give Jerko a call to make a joint effort exploration campaign...
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reedy lagoon corporation limited
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