Lithium JORC Countdown - Tonnage + Grade?, page-6

My estimate

Main Zone
750m strike (It's continually stated as 700m strike but it looks to be just a bit over, also open to the south) x 40m thickness x 200m vertical dip x 2.8 density

=16.8mt for the main zone at 1.7%

West Zone
300m strike (open in both directions, could extend well beyond 300m+) x 30m thickness x 150m vertical dip (DD results will shed more light on this, could be 200m) x 2.8 density

=3.78mt for west zone at 1.9%

Total = 20.58mt at 1.74%

I believe this will increase significantly with the Western Zone drilling campaign in November and to the south of the Main Zone. I hate to say it but the initial JORC size is very important to attract new investors. We have seen resource upgrades for several companies do nothing. I hope I am a bit under with my estimate.

Anything above 24/25mt at >1.7% would be ideal.


Oh yeah and remember this guy, he had a few predictions back in the day (would love to know how he got the 800m strike zone from, ah well).......
http://hotcopper.com.au/threads/ann...2817077/page-53?post_id=18325017#.V_YXFWUw0pF