The opportunity Kobold will have if the have $1b development budget is huge on further exploration.
Manono Lithium Project_ Advanced Exploration Plan.pdf
They could end up hypothetically with the below.
Expected Outcomes and Success MetricsResource Expansion TargetsSize Increase: Expand total resource by 30-40% (target: 1,100-1,200Mt)Depth Extension: Confirm mineralization to at least 800m depth (current ~400m)Strike Extension: Add 2-3km to known strike length (current ~13km)New Discoveries: Identify at least 2-3 new satellite pegmatite bodiesGrade Improvement TargetsOverall Grade: Increase average grade by 10-15% (target: 1.77-1.85% Li2O)High-Grade Zones: Delineate high-grade zones (>2.0% Li2O) comprising 20-25% of total resourceTin Credits: Better define zones of elevated tin (>1000ppm Sn) for byproduct valueTantalum Potential: Evaluate tantalum distribution for additional value
KoBold Makes Offer for Congo Lithium as Country Courts US, page-2228
Add to My Watchlist
What is My Watchlist?