LEF 0.00% 12.0¢ lefroy resources limited

next lithium play?

  1. 7,936 Posts.
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    Very small very quiet little company working in peru which drilled U targets but seemed to have hit lithium instead, worth some research imo.

    72M shares
    A$4M cash
    EV~$3M.

    Update from last qtr report;

    Continued investigations into the metallurgical properties of the lithium mineralisation at Llamara and Cerro Soledad.

    • A second phase drilling (subject to the assessment of the metallurgical testing above) at Llamara to quantify the volume potential of the lithium mineralisation discovered in the initial drilling programme.

    • A second phase drilling (subject to the assessment of the metallurgical testing above) at Cerro Soledad to test the most prospective lithium-bearing stratigraphy to the east of the initial drilling.



 
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