Read the below from 21st Aug drilling update....depressingly similar to the recent update (ie looks like a cut and paste
.....BUT read the last bullet point. That is why I a m still holding. GLTA
From 21st Aug Exploration update
Phase 1 RC drilling program at the Kanuka Lithium Production Project nearing completion with 3 of the 5 drill fences now completed.
▪ 29 RC holes completed, each to a depth of 60m, for a combined 1,740m of RC drilling.
▪ All drillholes have intersected multiple and parallel pegmatitic rock-types confirming surface geological mapping completed by the Company earlier this year.
▪ Samples from the first 21 RC drillholes have been dispatched to ALS in Lubumbashi for sample preparation and to Johannesburg for multi-element analytical determinations.
▪ Assay results received from the initial Phase 1 auger drill program at Kanuka confirm broad surface lithium mineralisation across the Kania Main Pegmatite with 50 of 51 samples returning lithium and a best result of 2.13% Li2O. Lithium grades are consistent with expectations for weathered material and indicative of a mineralised LCT system.
4CE Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held