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Ann: Update - Kanuka Lithium Production Project, page-30

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tigers2008

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18/10/18

18:14

Post #: 36177261
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Originally posted by Roostar ↑

The issue I have is that I don't know how deep these drill holes went.

This announcement speaks of exposed pegmatites and samples being sent to ALS for multi element testing.

Previously 4CE had reported results on weathered pegs at surface. When weathered, most of the lithium has been washed away leaving mostly deleterious elements behind and that nasty mineral Lepidolite which we hope to never see in written print again.

Therefore if these RC drill results are also quite shallow then in my mind there is a reasonably high chance of the Li levels not being all that amazing.

Its not until we get past 40-50m depth that the good levels of Li appear....as per AVZ's drill results.

I'm honestly at a bit of a loss as to why 4CE aren't just spearing a few deeps holes rather than all this auger and shallow drilling business.

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Roostar, assumption only but I believe it was 45 holes for 2700mtrs, giving the drill holes a nice round 60mtr length...torn between getting more or getting out, being a gemini doesn't help. GL

4CE Price at posting: 2.4¢ Sentiment: Sell Disclosure: Held
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