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Novo Litio Ltd.
Summary
| Project: | Sepeda | |
|---|---|---|
| Deposit: | Sepeda | |
| Location: | Portugal | |
| Commodities: | Lithium-Tin | |
| Date: | 9/26/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 26-9-2017: Novo Litio Ltd. announces an Exploration/Drilling Update report for its Sepeda deposit at the Sepeda project. Drilling results incl. 80.3m @ 1.36% Li2O, 577ppm Sn from 74m. NOVO LÍTIO LTD (“Novo Lítio”, “NLI” or “the Company”) (ASX: NLI, FRANKF | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Francis Wedin (Internal) | |
| ABSTRACT: | NOVO LÍTIO LTD (“Novo Lítio”, “NLI” or “the Company”) (ASX: NLI, FRANKFURT: ORM), is pleased to provide shareholders with an update on the Sepeda Lithium Project (“Sepeda”), Portugal. The mineralisation remains open at depth. Due to delays linked to recent tenure issues at Sepeda, the Resource update is now scheduled for CY Q4 2017. Novo Lítio CEO David Frances commented: “We are pleased to be able to share these results from the recently completed phase three and four drilling at our Sepeda Lithium Project in northern Portugal. These results are some of the best ever recorded at the project, and we look forward to updating our Mineral Resource statement in due course, pending a successful outcome of legal proceedings concerning Sepeda.” The mineralisation remains open at depth. Due to delays linked to recent tenure issues at Sepeda, the Resource update is now scheduled for CY Q4 2017. Novo Lítio CEO David Frances commented: “We are pleased to be able to share these results from the recently completed phase three and four drilling at our Sepeda Lithium Project in northern Portugal. These results are some of the best ever recorded at the project, and we look forward to updating our Mineral Resource statement in due course, pending a successful outcome of legal proceedings concerning Sepeda.” | |
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