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European Lithium Ltd.
Summary
| Project: | Wolfsberg | |
|---|---|---|
| Deposit: | Wolfsberg | |
| Location: | Austria | |
| Commodities: | Lithium | |
| Date: | 5/31/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 31-5-2017: European Lithium Ltd. announces an Exploration/Drilling Update report for its Wolfsberg deposit at the Wolfsberg project. Drilling results incl. 2.67m @ 2.01% Li2O from 206.5m. European Lithium Limited (ASX:EUR, FRA:PF8)(the Company) is pleased | |
| Resources: | (Resource, M+I): 6.30Mt @ 1.17% Li2O at project | |
| CP/QP: | [Overall Report]: Don Hains (Independent) | |
| ABSTRACT: | European Lithium Limited (ASX:EUR, FRA:PF8)(the Company) is pleased to report the final results from the initial surface deep drilling programme completed at its advanced Wolfsberg Lithium Project (Wolfsberg), in Austria. The programme was described in the ASX release on 18 April 2017 which reported the results of the first two deep drill holes. This release reports results of the final two deep drill holes (P15-14 and P15-19). Significant intersections included veins 2.33 metres thick assaying 1.44% Li2O and 1.01metres thick assaying 1.56% Li2O in amphibolite close to surface that was previously undrilled and a packet of veins 3.62 metres thick containing 2.09 metres of mineralised veins assaying a composite 1.00% Li2O in the mica schist at depth about 1250 masl (drill hole P15-14). The internal dilution can be rejected by laser sorting. Drill hole P15-19 was targeted to intersect anticipated veins even deeper. This drill hole also intersected pegmatite veins in the amphibolite close to surface and a significant package of veins 2.67 metres thick containing 2.03 metres of mineralized veins assaying 2.01% Li2O in the amphibolite. The deep hole drill programme results will be used to upgrade the resource tonnes and a revised resource declaration is anticipated in June 2017. | |
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