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Piedmont Lithium Ltd.

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Summary

Project:

Piedmont

Deposit:Core, Central
Location:United States
Commodities:Lithium
Date:1/28/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Pre-Feasibility Study
Report details:28-1-2020: Piedmont Lithium Ltd. announces an Exploration/Drilling Update report for its Core, Central deposit at the Piedmont project. Drill results incl. 44.94m @ 1.30% Li2O from 72.4m. Piedmont Lithium Limited (“Piedmont” or “Company”) is pleased to an
Resources:(Resources, I+I): 25.1Mt @ 1.09% Li2O
CP/QP:[Overall Report]: Lamont Leatherman (Not stated)
ABSTRACT:Piedmont Lithium Limited (“Piedmont” or “Company”) is pleased to announce drill results for the final 19 drill holes of the Phase 4 drill campaign completed on the Piedmont Lithium Project (“Project”) located within the world-class Carolina Tin-Spodumene Belt (“TSB”) in North Carolina, USA (Figure 2). The drill results are from the Central and Core properties. Significant mineralization was encountered in 17 of the 19 holes reported. The Phase 4 program comprised a total of 113 drill holes for 18,393 meters on both the Core and Central properties. 12 holes for 1,834 meters have been completed on the Central property (Figure 3) since an initial Mineral Resource estimate (“MRE”) was announced in April 2019. 7 holes totaling 820 meters have been completed at Core property (Figure 4) since announcing an updated MRE in June 2019. At both properties, the drilling was predominantly focused on Exploration Target areas. These drill results continue to expand the extent of mineralization on both properties. At Central, mineralization has been extended laterally, to the southwest, and down dip.

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