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Drilling pegmatites in Zimbabwe, page-2

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    Getting a bit of publicity will help.....another:
    https://smallcaps.com.au/six-sigma-metals-first-pass-lithium-drilling-zimbabwe/

    Small Caps





    Six Sigma Metals kicks-off first pass lithium drilling at Zimbabwe asset
    By
    Lorna Nicholas
    -
    July 12, 2018


    Six Sigma Metals has begun drilling at the Bonnyvale pegmatite as part of its due diligence for acquiring the Shamva project in Zimbabwe.
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    Six Sigma Metals (ASX: SI6) has begun a first pass drilling program at the Bonnyvale pegmatite within the Shamva project in Zimbabwe, as part of its due diligence to determine how deep the lithium mineralisation extends before committing to the asset."

    Couple of quotes.....

    "..........
    Zimbabwe asset earn-in terms

    Earlier this month, Six Sigma extended the due diligence terms for its proposed Zimbabwe assets from 60 days to 116.
    If Six Sigma elects to proceed with the acquisition after due diligence, funds invested in the current first pass drilling program will be incorporated into its stage one work program expenditure requirements.
    ...............
    The acquisitions are part of Six Sigma’s dual strategy to develop a portfolio of battery metal projects and secure a first mover foothold in the new mining friendly Zimbabwe regime.
    Although highly prospective for multiple minerals, Zimbabwe has been relatively underexplored in recent times due to the previous Robert Mugabe government’s stance on foreign investment.
    According to Six Sigma executive director Steve Groves, Zimbabwe is the world’s fifth largest lithium producing country, with the Bikita Mine, which has been operating for 60 years, accounting for the majority of that output." (Highlighting is mine).

    Regards to all.


    .
 
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