Maiden Indicated and Inferred lithium Mineral Resource of:
High grade of 12.8 million tonnes at 1.18% Li2O and 158ppm Ta205at a 0.5% Li20 cut-off.
Drilling supporting the Mineral Resource is predominately Reverse Circulation (RC) with minor diamond core drilling (DD) and RC with diamond core tails (RCD). The Bald Hill deposit database includes 728 drill holes for 63,539.2m of drilling, made up of 716 RC holes (61,621.2m), 9 RCD holes (1,660.4m) and 3 DD holes (257.6m). The Mineral Resource is based on assay data from 460 RC holes, 9 RCD holes and 3 DD holes."
A40 Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held