Reckon it needs to drill for market to take action... Worth a...

Reckon it needs to drill for market to take action... Worth a small punt at the levels for me

Posted this on the STT thread:

BLZ may offer something here , just not sure what to make of the results yet.. Project is located east of AJM/PLS

From acq ann 2/08/2016:

A reconnaissance rock chip sampling program, which consisted of the collection of a further 56 rock chip samples throughout the swarms, has returned further high grade lithium results associated with LCT type spodumene bearing pegmatites, including peak values of 3.38% Li2O, 2.86% Li2O and 2.82% Li2O (see Appendix 1 for a complete listing of rock chip samples).


Today's ann:

Results of up to 3.38% and 2.86% Li2O returned from recent rock chip sampling of Lithium-Caesium-Tantalum (LCT) type spodumene bearing pegmatites within EL45/4669.

 Geological mapping has expanded the footprint of the two broad swarms of LCT type spodumene bearing pegmatite dykes with the swarms traced to outcrop for over 5km in total strike lengths at widths of up to 18m.

 Mapping has confirmed the trend towards spodumene only dykes in the north west.

 Highly anomalous levels of Ta (up to 701ppm Ta2O5) and Rb (up to 4660ppm) associated with LCT type pegmatites.


CXO sample from way back:

Lithium assays of the pegmatites sampled in and around Mt Finniss averaged well above 1,000ppm (0.1%) Li2O indicating that the pegmatite Mt Finniss pegmatite system is highly enriched in lithium