(via NewsDirect)
Following surface sampling in 2021 and 2022, and drilling in 2022 and 2023, the company has published its maiden mineral resource estimate. This estimate revealed a substantial resource of 4.7 million tonnes at 2,900 parts per million, including a high-grade segment of 4.1 million tonnes at approximately 3,100 parts per million, making it the largest and highest-grade lithium resource in
The company anticipates announcing optimisations to the lithium extraction process in collaboration with Dr
Further developments include a spring and summer drilling program aimed at increasing resource size and grade, and a preliminary economic assessment scheduled for late fall. The company is also expanding its exploration scope with the
Reimer emphasized the shallow depth (within 250 feet of the surface) of the high-grade resource, potentially enhancing the project's economic feasibility.
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