AJM looked over parts of the project & relinquished it
the extract below sounds like (but I have not exactly confirmed) what BLZ announced today
Exploration Licence
45/2273
Surrender Report: July 2014
24th July 2013 TO 23rd July 2014
Conclusions: The potential for primary lithium-tantalum mineralisation at Moolyella is closely
related to swarms of narrow, late-stage pegmatites. Past exploration – including drilling –
established that the pegmatites are narrow and that there are insufficient numbers of them to
form an economically viable exploration or mining target. The pegmatites economic potential is
limited as the concentration of pegmatites is insufficient to allow bulk mining of the rock – there
is too much dilution of the pegmatites with waste material.
Ann: Option to Acquire Lithium Project-BLZ.AX, page-8
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