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Piedmont Lithium Ltd.

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Summary

Project:

Piedmont

Deposit:Piedmont
Location:United States
Commodities:Lithium
Date:3/15/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:15-3-2018: Piedmont Lithium Ltd. announces an Exploration/Drilling Update report for its Piedmont deposit at the Piedmont project. Drilling results incl. 11.91m @ 1.08% LiO2 from 159.79m. Piedmont Lithium Limited ("Piedmont" or "Company")is pleased to adv
Resources:x
CP/QP:[Overall Report]: Lamont Leatherman (Internal)
ABSTRACT:Piedmont Lithium Limited ("Piedmont" or "Company")is pleased to advise that the Company continues to define high grade lithium mineralisation from its properties in the Carolina Tin-Spodumene Belt ("TSB") in North Carolina, United States. The Company has received the assay results from the final 17 holes from the Phase 2 campaign and the first 21 holes from the current Phase 3 drilling campaign. The results build upon the previous drilling completed on the property and continue to show similar high-grade mineralisation and pegmatite intercepts. The Company has six drill rigs on site and has completed 52 holes totalling just over 9,000 meters of its planned 20,000 Phase 3 program. The Company is on schedule to release its maiden JORC compliant resource estimate by the end of the 2 nd Quarter 2018. Keith D. Phillips, President and Chief Executive Officer, said,"These infill drill results are consistent with our expectations, and with six rigs on property we look forward to a steady stream of drilling news over the next several weeks, leading ultimately to a maiden Resource estimate in June and a Scoping Study shortly thereafter."

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