ADV 0.00% 13.5¢ ardiden ltd

Lithium the New Gasoline / Goldman Sachs, page-4

  1. 3,012 Posts.
    From what I can gather we should have no trouble arriving at a maiden Jorc of between 5 and 10 ml
    for the 10% drilled Area of Seymour...expectations from the AGM are the same for our Graphite Tenement.
    I dont believe at this point we will have any trouble with tonnages. any thing above 5 ml would be a bonus this early into a Jorc definition.
    also remembering discussions with BB we have very good Historical drill results we are able to use in part for our initial Maiden Jorc.
    the proposal at this stage is to JORC seymour 10%
    and to Jorc our Graphite Tenement 10%
    seek off takes with this ,or a JV which ever is more financially Beneficial to us.
    At the same time complete ground assays on Rootbay and Rootlake , and commence drilling these areas.
    cheers IMO
 
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