CXO 6.59% 9.7¢ core lithium ltd

Zola Assay Results and Ringwood, page-3

  1. 9,624 Posts.
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    Agreed. They will soften the blow if there is ANYthing positive at all coming out of Ringwood yet. Also assays generally come out later than planned. So while it might be this week, it could be a week or two yet.

    My best bet on Zola is: a few holes of accessory li - a couple of holes with good percentage but not consistent widths, and a couple of dusters. Enough to keep them looking - but not enough they put all their drill crews on it to firm up a resource and save other targets like Ringwood for later.
    If they'd hit 4+ holes (out of 9) of good grade (anything 1% and over) and width (over 20 mts) they'd have all crews there firming up a JORC. The fact they don't (alongside the wording of anns) tells the story for me.

    That's just what makes sense for me, I can appreciate others have a different view of it. Should be an interesting result. GLTAH
 
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