see below extract from Quarterly Activities report: "Columbus...

see below extract from Quarterly Activities report:

"Columbus Marsh Lithium Brine Project
During the quarter drilling of a single drillhole a
t the Columbus Marsh project (Figure 1) was complet
ed. As
previously reported this drillhole intersected lith
ium brines assaying up to 95.9mg/l for the drilled
interval of 260
to 280 feet (79.24 – 85.34 meters). The entire dril
lhole from 200 feet (70 meters) to end of hole at 8
30 feet (253
meters) contained anomalous lithium, the lowest ass
ay being 20.6g/ml for the interval 220 to 240 feet
(67 to 73
meters). Indeed, the interval 260 to 340 feet (79 t
o 103 meters) averaged 80.78g/l lithium.
The exploratory drillhole was drilled near the cent
re of the company’s leases which cover an area of 1
,327.37
hectares indicating a considerable volume of lithiu
m rich brine. The brine was confined in an aquifer
in a sequence
of clay, salt and tuff. It is expected that the tuf
f would be relatively permeable, similar to the lit
hium producing
tuff aquifer at the Clayton Valley operation (The C
olumbus Marsh property is situated 40 kilometres no
rthwest of
the Clayton Valley lithium brine operations). Indee
d, it is possible that the tuff layer is the same t
uff that produces
lithium at Clayton Valley.
In addition to lithium the samples were also found
to contain very high concentrations of boron and po
tassium.
The interval 79 to 103 meters averaged 3,100 g/l po
tassium and 851 g/l boron. The highest recorded val
ues for
potassium and boron in the drillhole were 3,800g/l
and 1,360g/l respectively.
The drillhole has since been rehabilitated and aban
doned.
Future drilling at Columbus Marsh will therefore be
concentrated to the north of the discovery drillho
le. Planning
for that follow up drilling has commenced and is ex
pected to commence in the northern spring, around A
pril,
2018.
Water rights for the area have been applied for. "

RLC drilling results could be out sometime in March.