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Ann: Widespread high-grade lithium mineralisation at Kanuka, page-29

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06/12/18

10:25

Post #: 36768191
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Originally posted by Big Kahuna 101 ↑

Originally posted by wenty

No confirmation of spod, waiting for analysis to come back from South Africa to confirm type of lithium mineralisation. From memory 5-6 samples previously from Kanuka showed that the major mineralisation was lepidolite.

But as we have seen in many instances, where there is lepidolite, there’s a good chance there’s spod. Hopefully that spod is deeper.

As was always my belief, 60m was going to be too shallow, and therefore it’s the DD which will tell the true story.

In the meantime, looking forward to Kitotolo: Known spod present, and already applying for a mining licence before results confirmed/released...surely means good visuals.

IMO

GLTAH

The issue for me is that they are now saying DD wont go ahead until they have drilled deeper RC holes... when is that going to occur??

As the rig is tied up to Kitotolo until June 2019.

Disappointed they didnt sink a few deeper RC holes to begin with.

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JB's got to extend this drilling campaign on for as long as he can so he can keep getting paid you know...

CR probably not far away on this short spike in news.

4CE Price at posting: 2.2¢ Sentiment: Sell Disclosure: Not Held
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