GMM Lattest Drilling

This below was posted here on HC late last year.
The resource figures for Mt Cattlin only take into account current economic near surface ore. Their are repetitions below the near surface pegmatites  stacked flat lying mineralised pegmatites have been intersected to a depth of just over 100 meters with similar grades of lithium and tantalum to the near surface pegmatite. PLS has calculated their resource to 100 meters depth. Which i guess has been established to be economic at todays prices. See the GXY market releases below.
Deep Lithium Bearing Pegmatite Repetitions
The Company announced on 4 December 2008, that final lithium assays had been received for deep RC holes completed in September 2008. The results confirmed the discovery of lithium-bearing pegmatite zones at depth, and highlights the potential for multiple stacked lodes, at similar grades to known mineralisation at the surface.
Most of the deep holes intersected several spodumene (lithium) bearing pegmatites below known mineralisation, with individual pegmatite widths ranging from around 7 to 10 metres. Grades are comparable to those of the known near-surface resource.
Table 1. Selected high-grade intercepts from deep holes

The best intersection was 13 metres at 0.99% Li2O in GX861, at a depth of 84 metres below the surface.
A list of selected high-grade intercepts from deep holes is given in Table 1, with cross section 6281980N (Figure 4) illustrating the series of sub-horizontal pegmatite horizons intersected by deep holes, together with Li2O grades.
These results significantly enhance the exploration potential of the system. Deeper pegmatite horizons have not been included in the current resource estimate. Further drilling to follow up the depth potential is planned, which has the potential to significantly increase the size of the resource.

Depth Extensions
Final tantalum results have been received from all deeper holes drilled in 2008, and as is the case with the lithium results (reported 4/12/08), confirm the potential for repetitions of lithium and tantalum bearing pegmatite horizons at depth below known mineralisation.

Selected high grade tantalum intercepts for deep holes are given in Table 3, with a full list of significant intercepts included in Table 4.  Figure 2 includes Section 6281980N showing significant tantalum intercepts.