Scoping study for KV is due in next two weeks so I thought I might just have another look at this presso. Interesting to note:
- Further drilling expected to increase resource >30mt (33%) high grade Li20 (1.4%).
- Initial metallurgy has confirmed low iron content (
- Infrastructure in place (Gas, electricity and sealed roads).
- Relevant mining leases and permits in place.
- Financial parameters of scopIng study able to be included as 75% measured and indIcated
- Suitable for open pit mining.
-Anticipated abililty to utilise pre-existing nearby mIne camp. No requirement to build.
- Decision to mine anticipated late 2019.
This will be a very interesting study and the first of many major developments for the Lion in 2019.
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