DGR 0.00% 1.0¢ dgr global limited

SOLG-NEW DISCOVERY-S.Ecuador, page-63

  1. 2,145 Posts.
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    I think Tribeca does not have to announce it as long they are not over 5 %. The director has to ann if he buys shs.

    At least a great ann from IRR.


    9 November 2017


    High-Grade Lithium Pegmatite Trenching and Rock Chip Sampling Results

    Multiple Targets Identified by Airborne Geophysics

    Ghana, West Africa


    IronRidge Resources Limited (AIM: IRR, 'IronRidge' or the 'Company') is pleased to announce that multiple high-grade lithium pegmatite trenching and rock chip sampling results have been received for the Ewoyaa and Abonku prospects, within the Mankessim license area. Numerous target areas have been identified within its recently acquired high-resolution airborne geophysical survey in Ghana, West Africa.


    HIGHLIGHTS:


    Ø Multiple trenching intersections returned over the Ewoyaa and Abonku prospects including 65m at 1.1% Li2O, 25m @ 1.62% Li2O, 18m @ 1.67% Li2O and 4.5m @ 2.2% Li2O.

    Ø Multiple high-grade rock-chip samples returned over the Ewoyaa and Abonku prospects including 2.95% Li2O, 2.61% Li2O and 2.35% Li2O.

    Ø Previously reported due diligence trenching and rock chip sampling over Ewoyaa returned results of 100m @ 1.57% Li2O (including 40m @ 1.93% Li2O and 15m @ 2.18% Li2O), 10m @ 2.41% Li2O, 25m @ 2.29% Li2O and 25m @ 2.14% Li2O.

    Ø Numerous target areas defined in the recently acquired high-resolution airborne survey with similar geophysical responses to known lithium pegmatite mineralisation.

    Ø In-country management team strengthened with the recruitment of a Ghanaian Senior Geologist.

    Ø Reverse Circulation ('RC') and Diamond Drilling ('DD') programme planned and preferred drilling contractor secured; drilling to commence on receipt of necessary in-country approvals.

    Ø Mineralogical characterisation study commenced to define major lithium bearing phases.

    Ø High-grade lithium pegmatite 'spodumene' project located in favourable jurisdiction, within 90km trucking distance of the deep water port of Takoradi and 100km of the capital Accra.
 
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