STTCOMP 4CE, FA LONG DRC Lithium explorer (AVZ neighbour) MC...

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    STTCOMP 4CE, FA LONG
    DRC Lithium explorer (AVZ neighbour)
    MC $20m, SOI 268m, Cash ~800k

    See Forest's tip above, good key points there. For me the things to note are;
    1. Land right beside AVZ in DRC, along the same strike
    2. Same Geo as AVZ
    3. Still early days but so far all the boxes are being ticked to shape up as another potential monster Li resource
    4. Currently trading at around only 2.5%-3% of AVZ MC - a lot of upside potential needless to say
    5. Should see some great news flow over the coming months which will really put this in the spotlight

    From most recent anns;
    "Following a series of recent meetings in China and at London Metals Exchange Week, the Company has been requested by a number of Asian and Global Trading Groups to provide further background information on the Kitotolo Lithium Project and the Company’s proposed exploration plans and strategy."

    70% interest in joint venture over Kitotolo Lithium Project, being formalised.
    ❖ Along-strike from AVZ’s world-class Manono Project.
    ❖ Project area contains numerous historical artisanal workings, focussed on cassiterite and columbitetantalum mining.
    ❖ Project area has not been subject to any modern exploration.
    Initial investigations have identified spodumene in pegmatites across significant areas within Project area which are open in all directions and are considered to potentially extend for kilometres along a NE-SW trend.
    Assays from rock and channel samples confirm high grade lithium mineralisation (up to 2.15% Li2O).
    ❖ Aggressive exploration planned, initial phase to comprise trenching, test pitting and auger drilling of fresh spodumene in pegmatite (CY2017).
 
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