Rats Rant put out a newsletter which spoke about the 2 neighbours that ZEU has
DLI - Delta Lithium Limited ...closed up 23% to finish at 70c on $8.4m stock traded. There was no news out today but last Monday they announced assay results from the Malinda Deposit within its Yinnetharra Lithium Project located in WA.Drilling intercepted multiple thick lithium mineralisation with highlights of 20m @ 1.29% Li2O from 28m 14m @ 1.38% Li2O from 128m.Drilling at Malinda has also discovered two further spodumene mineralised pegmatites with assay results keenly anticipatedDelta is now trading at more than double its share price back in late March, there have also been rumors around that Hancock Prospecting has been buying up stock on-market (as per my mate Bazza from * last week).That could be some good mail there as someone keeps hoovering them up, presume so as they have doubled but sadly it wasn't this little fish (me).More like someone that owns a vacuum cleaner company.....get it HooverIf it is you Gina and you happen to read this today, how about slinging us an order eh or even sponsoring my water polo team at very least !!!Some details on last week's assay results from DLI are listed below:Further shallow thick high-grade Lithium from Yinnetharra Highlights:The Malinda Prospect located within the Yinnetharra Lithium Project is the current focus of exploration activities and hosts >50 mapped pegmatites, some of which have been drilled and thus far demonstrate:Multiple thick lithium mineralised intercepts of lithium mineralisation from surface and to a depth of 350m below surface to significant strike with M1 greater than 950 metres of mineralisation consistent and predictable lithium mineralisation. New drilling result include:20m @ 1.29% Li2O from 28 meters in YRRD01115m @ 1.28% Li2O from 99 metres in YRRD00911m @ 1.33% Li2O from 68 metres in YRRD01014m @ 1.38% Li2O from 128 metres in YRRD007Drilling at Malinda has discovered two further spodumene mineralised pegmatites with assay results keenly anticipatedThe Malinda Lithium prospect footprint is very large and remains relatively untested.Commenting on the results Executive Chairman, David Flanagan said;“There are 3 rigs drilling at Yinnetharra right now, we are very pleased with these results and we looking forward to plenty more over 2023. We acquired the project in September 2022 and in a little over 6 months the team have drilled nearly 150 holes, identified more than 50 targets at Malinda, and mapped a further 20 targets at Jamesons.Western Australia is number one in global lithium production and very hard to beat as the best place to explore develop a new mine.
.**Some details on last week's assay results from VSR are listed below:***
Assays from first two (2) RB1 drillholes confirm multiple, thick zones of rare earth elements (REE) mineralisation in clay from surface at the Neo prospect, Paddy’s Well Project.Grades up to 10,072 ppm TREO2 (1.0% w/w TREO).Significant mineralised REE intercepts up to 78m from surface, one of widest reported in Australia.Encouraging high ratio of in-demand ‘magnet’2 REEs to TREO (‘Magnet REO’) (peak: 30%)Significant assay results from the initial two (2) drillholes from Phase 1B with mineralisation remaining open at depth and along strike (assays from all remining holes pending):78m @ 1,001 ppm TREO (23% Magnet REO) from surface (NEORB002) incl: 52m @ 1,270 ppm TREO (24% Magnet REO) (from 21m) incl: 12m @ 3,402 ppm TREO (25% Magnet REO) (from 50m) with peak of: 1m @ 10,072 ppm TREO (30% Magnet REO) (from 55m)40m @ 583 ppm TREO from surface (NEORC001) (21% Magnet REO)Large mineralised REE clay system now confirmed at Neo with metallurgical testing underway.Neo forms part of an expanding regional 6 x 2km anomalous area with multiple >1,000 ppm TREO zones identified at surface and only a fraction of the area tested to date. Follow-up surveys in progress.Voltaic Strategic Resources Limited has confirmed the presence of a large REE-enriched clay system at the Neo prospect, Paddy’s Well Project.Works commenced earlier this year to test the upper clay zone and determine the basement depth within an area where historical drilling identified REEs.The drilling has confirmed the continuity of clay-hosted REE mineralisation and scale potential of the project with intersections of almost 80m identified from surface, **which the Company believes, is the largest clay-hosted REE intersection reported in Australia to date (to the best of its knowledge)**.Voltaic Chief Executive Officer Michael Walshe commented:“
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