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Plateau Energy Metals Inc.
Summary
| Project: | Macusani Plateau | |
|---|---|---|
| Deposit: | Falchani | |
| Location: | Peru | |
| Commodities: | Uranium-Lithium-Potassium | |
| Date: | 3/22/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 22-3-2018: Plateau Energy Metals Inc. announces an Exploration/Drilling Update report for its Falchani deposit at the Macusani Plateau project. Drilling results incl. 196.0m @ 0.63% Li2O from 68.0m. TORONTO, ONTARIO -- (GlobeNewswire – March 22, 2018) – P | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Ted O'Connor (Internal) | |
| ABSTRACT: | TORONTO, ONTARIO -- (GlobeNewswire – March 22, 2018) – Plateau Energy Metals Inc. (“Plateau” “PLU” or the "Company")(TSX VENTURE:PLU)(FRANKFURT:QG1)(OTCQB:PLUUF), a lithium and uranium development company, is pleased to announce results from recently completed inclined and vertical drill holes from Platform 8, collared ~200 m NW of Platform 1 and ~250 m SW of Platform 4 , at the Falchani project, located in the Chaccaconiza area of the Company’s Macusani Plateau Project in southeastern Peru. Ted O’Connor, CEO of Plateau Energy Metals, commented: “The Falchani project continues to deliver with excellent Platform 8 results intersecting the thickest interval of Li-rich tuff to date – at over 140 m true thickness and we continue to confirm the remarkably consistent average lithium grades of this unit in the 3,300 ppm Li (0.70% Li2O) range. We maintain our confidence that Falchani will have extremely positive potential production economics with scalable production levels to fill future Li demand growth or displace marginal, higher cost projects. We continue to drill Falchani within the established 2 km2 footprint with the goal of completing a maiden NI 43-101 mineral resource on the project before the end of the 2nd Quarter of this year.” | |
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