A11 atlantic lithium limited

For those looking to know a little bit about the fleet space...

  1. 3,696 Posts.
    lightbulb Created with Sketch. 7621
    For those looking to know a little bit about the fleet space technology announcement, have a look half way down the 1 August 2022 announcement by Core lithium around its BP33 results. As part of their data validation Core ran their test in the wider area around their BP33 resource. They already had a JORC wireframe of BP33 and therefore it would ideally highlight this resource. Core's terminology noted an excellent correlation between their BP33 drilling results and what it was identifying as a below ground object with a different signature. The results there were sufficiently successful that Core is rolling out the technology across more exploration areas and signed a 12 month deal with Fleet space.

    As others have pointed out, ambient noise tomography isn't a new technology but Fleet Space have added an innovative data collection mechanism to the process and partly through this created a process providing rapid results (measured in days not weeks).

    I'd expect that Atlantic will do a test area that involved part of the main Ewoyaa resource to see how the signatures look relative to the wireframe they have of the JORC resource. This may identify areas where the pegmatite has unmapped offshoots. Its other main strength is that a below surface pegmatite can be potentially identified and Core noted an effective depth of up to 500m. This won't say whether the pegmatite is a LCT type, but when combined with other tools like soil samples it can assist the geologists to understand what might be under the ground and therefore get more effective use of drilling resource dollars. If Atlantic run this tech and then drilling on the Ewoyaa main pegmatite in areas where it thought to be deep and thought to be thick, Atlantic could get a monster intercept. A few of these intercepts could add a lot of inferred resource.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
15.5¢
Change
-0.005(3.13%)
Mkt cap ! $107.4M
Open High Low Value Volume
16.0¢ 16.5¢ 15.5¢ $6.361K 40.10K

Buyers (Bids)

No. Vol. Price($)
1 10000 15.0¢
 

Sellers (Offers)

Price($) Vol. No.
16.0¢ 22744 1
View Market Depth
Last trade - 14.42pm 25/06/2025 (20 minute delay) ?
A11 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.