ESR 6.25% 1.5¢ estrella resources limited

Ann: Mt Edwards Lithium Project Exploration Update, page-3

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  1. 17,077 Posts.
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    Looks good to me.

    Even though they are only rock chip samples, they are high grade and I would see this as proof that the Company is homing in on the correct targets for the upcoming drilling campaign.

    It certainly looks like the Company is taking a methodical approach to planning their progressive exploration.

    Fingers crossed!

    9 August 2017
    ASX ANNOUNCEMENT
    LARGE SPODUMENE CRYSTALS IDENTIFIED IN OUTCROP AT ATOMIC THREE
    HIGHLIGHTS
    Follow-up detailed mapping at Bravo Cluster and Charlie Pegmatite has identified a zone of large spodumene crystals in outcrop and further refined the geological map of the area
    New rock chip samples returned up to 3.40% Li2O, confirming the spodumene occurrence and providing
    an indication of grade potential
    Drill planning and POW preparation progressing, to expand this potential high-grade lithium occurrence at depth
 
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