Thought I would gather information from other explorer JORCs and see if it could allow for rough estimation of what we may be looking at in December for Colina.
Starting with GL1 (starting here as I personally think GL1 provides the closest and easiest comparison in terms of progression on projects and market cap - GL1 $390m and we are $224m)
They have two JORCs across two separate deposits. Give or take, each is 10MT at around 1%. I was surprised they got to 10MT for both - when you look at their drill results and assays, the intersections are almost entirely very thin and grades aren't extraordinary.Archer Drills
Company Date Deposit Name Deposit Dimensions Material (MT) LI2O Assumed average pegmatite density Drilled Metres Holes Average hole depth Confidence level ANN Link ANN Title 1 GL1 Jun-20 MBLP - Archer (100% owned) 3km x 1km 10.5 1.00% 2.7 t/m3 12,758 112 113.91 Inferred https://hotcopper.com.au/threads/ann-prospectus.6042635/ Prospectus 2 GL1 Feb-22 Manna (80% owned) 750m x 130m 9.9 1.14% 2.7 t/m3 3,636 25 145.44 Inferred https://wcsecure.weblink.com.au/pdf/GL1/02487907.pdf MAIDEN MANNA PROJECT LITHIUM RESOURCE Manna Drills:
Salinas JORC & Competitor JORC comparisons
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