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Kidman Resources Ltd.
Summary
| Project: | Mt Holland | |
|---|---|---|
| Deposit: | Earl Grey | |
| Location: | Australia | |
| Commodities: | Lithium | |
| Date: | 10/3/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 3-10-2016: Kidman Resources Ltd. announces an Exploration/Drilling Update report for its Earl Grey deposit at the Mt Holland project. Drilling results incl. 85.7m @ 1.75% Li2O from 93.9m. Kidman Resources Limited (ASX: KDR) is pleased to announce that dri | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: L Sawyer (Geos Mining) | |
| ABSTRACT: | Kidman Resources Limited (ASX: KDR) is pleased to announce that drilling of the Earl Grey spodumene bearing pegmatite is continuing to return wide, high grade assays, and the geological model is resulting in consistent intercepts of the Earl Grey pegmatite with each step along strike and up dip at its surface expression (refer Figure 1 and 2). Kidman also advises that the latest drilling has extended the known lateral extent of Earl Grey from 1,100m to 1,400m (refer Figure 3) with a known strike length to 750m suggesting Earl Grey is now a globally significant hard rock Lithium project in terms of its potential size (and grade) that also exhibits outstanding ore body geometry for a potentially very low cost mining scenario. The estimated average true width continues to be 70-80m and it remains open to the North, South and East. | |
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