RLC 0.00% 0.2¢ reedy lagoon corporation limited

Ann: Brine targets indicated for Clayton Valley Lithium project, page-12

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  1. 394 Posts.
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    They haven't been modeled yet, I’d say once they finish both 3D tests we will get some nice shiny graphics in an Ann. They want to optimize their next drill hole location.
    Says it in the last Announcement.

    “3- dimensional Audio Magneto Telluric (3D AMT) surveys commenced last week at Reedy Lagoon Corporation Limited’s (ASX:RLC) Alkali Lake North and Clayton Valley Projects in Nevada, USA.
    These geophysical surveys are expected to be completed before the end of the month with results interpreted and reported by end August as outlined in the Company’s ASX release on 27 June 2018.
    RLC will use the 3D AMT surveys to identify conductivity anomalies, indicative of brines, and model them in terms of depth and shape so that drilling positions can be optimised.”
    Last edited by Otis3sgte: 24/08/18
 
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