Go KDR you good thing, thrilled to be a shareholder. Heads up...

Go KDR you good thing, thrilled to be a shareholder. Heads up for others, an updated Lithium resource below for the interested:
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A back of the envelope (BoE) Earl Grey lithium resource upgrade can be calculated as before, based on current resource data and approximate weighted calculated average intersection widths of reported drill assay results/visuals from infill/extensional drilling released to date including:

KEGR149 30m @ 1.31% from 98m and 43m @ 1.57% Li2O from 137m and open to the west,
KEGR152 32m @ 1.61% from 134m and 42m @ 1.13% Li2O from 171m,
KEGR154 92m @ 1.65% from 117m including 72m @ 1.80% Li2O from 117m,
KEGM036 80.6m @ 1.43% from 142.6m including 40.2m @ 1.67% Li2O from 179.1m,
KEGR172 75m @ 1.69% from 124m including 40m @ 2.00% Li2O from 159m,
KEGR174 51m @ 1.78% from 148m and 9m @ 1.62% Li2O from 221m,
KEGM038 59m @ 1.84% from 134.2m and 20.5m @ 1.69% Li2O from 215.5m,
KEGR137 24m @ 1.02% from 192m and 30m @ 1.78% Li2O from 234m,
all above drill holes are open to the north and at depth.

KEGR168 22m @ 1.10% from 52m including 12m @ 1.47% from 56m and 10m @ 1.18% Li2O from 98m,
KEGR176 30m @ 1.53% Li2O from 99m,
KEGR177 27m @ 1.59% from 116m and 14m @ 1.40% Li2O from 154m,
KEGR178 14m @ 0.83% from 166m and 19m @ 1.35% Li2O from 166m,
all above drill holes are open to the east and north east direction.

Strike has been reduced from the reported 900m over the entire 2km south to north (open to the north) mineralized corridor to a more conservative 700m corridor or +1% envelope with an average thickness ranging from 40m to 80m.

The resource can be calculated by splitting the above deposit corridor into the four zones, incorporating near surface up and down dip zones from north to south based on, in particular, drill grid densities/resource categories.

Zone A. 50m x 50m drill pattern reporting to the measured resource category from 6445750N to 6446150N The southern, near surface up dip extent of the current stage 1 pit design that averages 40m in thickness, has a slightly lower grade than above, the starter pit. Open to the east.

400m up dip extent, 40m thickness, 700m strike @ 1.35% LiO2 for 30.2Mt, ~0.41Mt contained Li2O.

Zone B: 50m x 50m drill pattern reporting to the measured resource category from 6446150N to 6446350N. The central portion of the current stage 1 pit design that averages 70m in thickness. Open to the east.

200m down dip extent, 70m thickness, 700m strike @ 1.5% LiO2 for 26.4Mt, ~0.39Mt contained Li2O.

Zone C: 100m x 100m drill pattern reporting to the indicated resource category from 6446350N to 6446750N. In part the northern portion of the current stage 1 pit design that averages 70m in thickness. Open to the east and north east.

400m down dip extent, 70m thickness, 700m strike @ 1.5% LiO2 for 52.9Mt, ~0.79Mt contained Li2O.

Zone D: +200m x +200/100m drill pattern reporting to the inferred resource category from 6446750N to 6447750N. The northern, deeper and larger down dip extent that averages 80m in thickness at a higher grade and incorporates KEGR109 82m @ 1.56% Li2O from 264m, KEGR154 92m @ 1.65% Li2O and KEGM051 with visuals (awaiting assays) in excess of 80m, located 350m NE of KEGR109. Open to the north and east.

1000m down dip extent, 80m thickness, 700m strike @ 1.6% LiO2 for 151.2Mt, ~2.42Mt contained Li2O.

Total approx. resource BoE upgrade: 260.7Mt @ 1.53% LiO2,~4.01Mt contained Lithium Oxide.

Current Resource: 128Mt @ 1.44% Li2O, ~1.84Mt contained Lithium Oxide.

Potential BoE Resource Upgrade: >100% tonnage increase at higher average Li2O percentage and an increase in JORC resource category/confidence prior to a JORC reserve release or possibly simultaneous.

Hope that helps some, exciting times ahead for KDR shareholders, resource upgrade ad other newsfeeds imminent … IMO … Bye …



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“This leverage is only getting stronger by virtue of our purposeful strategy of not entering into offtake agreements to early in the advancement of Earl Grey”. … Mr. Martin Donohue, KDR MD, 29^th November 2017.