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Piedmont Lithium Ltd.

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Summary

Project:

Piedmont

Deposit:Central
Location:United States
Commodities:Lithium-Silica-Feldspar-Mica
Date:4/24/2019
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Pursuing Resource Increase/Upgrade
Report details:24-4-2019: Piedmont Lithium Ltd. announces a Resource Estimation report for its Central deposit at the Piedmont project. Initial mineral resource estimate for the central deposit. Piedmont Lithium Limited (“Piedmont” or “Company”) is pleased to announce a
Resources:(Resource, I+I): 19.0Mt @ 1.15% Li2O
CP/QP:[Resources]: Leon McGarry (CSA Global Pty Ltd.)
ABSTRACT:Piedmont Lithium Limited (“Piedmont” or “Company”) is pleased to announce an initial Mineral Resource estimate on its Central property of 2.8 Mt at 1.34% Li2O. Approximately 50% or 1.41 million tonnes of the Mineral Resource is classified in the Indicated Resource category. The Mineral Resource estimate has been prepared by independent consultants, CSA Global Pty Ltd (“CSA”) and is reported in accordance with JORC Code (2012 Edition). The reported Central Mineral Resource estimate (“MRE”) above is based on 18 diamond core holes totaling 2,840 meters. Significant intercepts from all 18 holes are reported in Appendix 1. The deposit is open in all directions. The Central Property is located approximately 1 mile south of the Core Property (Figure 1). The Company’s project-wide Mineral Resources now total 19.0 Mt at 1.15% Li2O.

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