NPM 0.00% 1.1¢ newpeak metals limited

Our First Destination is 10 cents, page-487

  1. 58 Posts.
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    The following quote is from the last Drilling Update:

    "Based on the visual observations of the drill cores, abundant and large crystalline spodumene has
    been intersected in many of the holes completed to date in quite thick pegmatite sections. However,
    the Company notes that the drill core samples are yet to be assayed, and hence no representations
    can be made at this time regarding the grade and quantum of the spodumene mineralisation. Other
    pegmatite minerals visually present in the drill core of potential interest appear to include beryl,
    tourmaline, muscovite, microcline and quartz. Again, the grade and extent of such mineralisation will
    only be evident from assay results."

    So ya between the lines it looks promising but we do not know how much Li at which grade is there. But ya I am no geologist. So maybe an experienced geologist might see more in this.
 
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