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04/06/18
12:20
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Originally posted by taproot
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Don't forget the lithium and gold targets coming up in the next round of drilling at Forrestania.
Go back and have a really good look at the Kidman story, starting approx. 2 years ago on March 1 2016 when they had a market cap of about $14 million.
Kidman literally proved up an economically viable lithium deposit without even drilling a hole. Some smarty decided it would be a good idea to go the shed, collect some cores that had been drilled and stored by the previous owners of Mt Holland and send them to ALS in Perth and have them assayed for lithium.
The rest is history.
2 weeks ago they announced they were doing a deal with Tesla and Kidman's market cap almost hit $1 Billion.
One of Marindi's primary Lithium / Gold targets lies 5 km from Kidman's lithium discoveries.
Marindi have locked up more than 850 square kms over a 90km strike on and over a major shear zone running down the entire eastern flank of the Forrestania Greenstone belt.
They've had people like Dr Leigh Bettenay looking at the ground.
The potential for this area to host world class lithium deposits has already been confirmed by Kidman's Earl Grey deposit and the chance of another within marindi's tenements has to be pretty good IMO.
Any decent lithium or gold hits in the upcoming drill program will set this company on a journey of no return, it'll be off like a rotten chop !
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Also on top this we will be getting a new director soon some fresh ideas hopefully. Drilling to commence soon for Lithium and a update due on bellary dome with maps and assays. Good luck all I topped up today