For thousands of other reports visit RSC's Mineral Intellingence Map
Prospect Resources Ltd.
Summary
| Project: | Arcadia | |
|---|---|---|
| Deposit: | Arcadia | |
| Location: | Zimbabwe | |
| Commodities: | Lithium | |
| Date: | 9/19/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 19-9-2016: Prospect Resources Ltd. announces an Exploration/Drilling Update report for its Arcadia deposit at the Arcadia project. Drilling results incl. 17m @ 1.46% Li20 from 42m. Prospect Resources Ltd (ASX: PSC) (“Prospect” and “the Company”) is please | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Roger Tyler (Internal) | |
| ABSTRACT: | Prospect Resources Ltd (ASX: PSC) (“Prospect” and “the Company”) is pleased to report assay results from the first 3 RC drill holes at the Company’s Arcadia high grade lithium project. This first RC drill programme is completed and the Company await assay results from a further 28 holes over the coming weeks. Drilling to date has covered approx. 10% of the Company’s exploration area. The drilled strike of the 14 stacked pegmatites now extends more than 1km SW-NE and some 350m down dip to NW. The Company’s ground position now covers more than 600 hectares of mining licences. Assay results from the first 3 RC drill holes returned a peak grade of 4.37% Li2O. Two diamond rigs are now back on site drilling metallurgical test holes. RC drill rigs are scheduled to return to site in late September to carry out further resources definition holes. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report