There is a certain characteristics of large lithium deposits and that is that the pegmatites are flat or shallow dipping. PLS and all the +100mt deposits have this characteristics. In this case AZS has flat lying pegmatites and SQM [global largest lithium producer] have invested 3 weeks ago 20 million dollars for 20 percent of the company valuing AZS at 100 million market caps before any drilling. [they flew down their geos to the site on helicopter for due dilligence works. the story is on youtube]
There is outcropping spodumenes everywhere with very high grades up to 5% lithium. I suggest you to take a look if you really want to find the next WA major deposits because it could really be possible to be there. The company has interviews on youtube with crux investors they mention SQM investing here for the +100mt deposits and not the 10-15mt deposits other aussie companies are finding.
They only drilled 2 drill holes on the first pegmatite and the first hole 22m and the second hole 27m [getting thicker towards the surface]. Pending assays for the grades but if they are matching the grades of the outcrops well let me tell you we could be onto something significants here. There are over 700 pegmatites outcropping the potentials is insane
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