Can we change the title from "will" to "could" haha
I'm pretty bullish on CXO
Here's some of my research from a couple of posts on CXO's forum
CXO
SOI 375mil Oppies 114mil
SP: 6.9c
Exploration RAB & AC drilling (followed by RC drilling) has started last month (May 2017) on CXO's 2 biggest pegmatite's Zola & Ringwood
As per Zola discovery Ann:
"Also there is little doubt that additional mineralized pegamtites, conceal breath thin laterite cover"
Zola alone was I think very conservatively compared to AJM 35mt (now 42mt) deposit.
Not to mention the multiple, and potentially larger deposits at Ringwood
Rock chip samples were 4x that Grants very high grade deposit.
Also being 60kms seal road from the closest port to Asia.
- Grants - high grade Jorc resource of 1.8Mt @ 1.5% Li20 spodumene
Was our best prospect last year.
The pegmatite was about 30m wide and a few 100ms long..
Zola is very conservatively measured at 450m wide and 1500m long but seems closer to 650m wide and 2000m long.
That's just what's on the surface anyways
It's easy to see a high grade 100mt + deposit
There's also the potential of a few Zola's in the Ringwood Swarm with Pegmatites up to 1500m long and hundreds of meters wide.
The magnetic survey also suggests that Ringwood could possibly be linked together and form one gigantic Lithium bearing pegmatite.
Would like to hear any thoughts or comparisons for a better lithium explorer then CXO at the moment??
Thanks
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Can we change the title from "will" to "could" haha :P I'm...
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