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Plymouth Minerals Ltd.
Summary
| Project: | San Jose | |
|---|---|---|
| Deposit: | San Jose | |
| Location: | Spain | |
| Commodities: | Lithium | |
| Date: | 2/20/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 20-2-2017: Plymouth Minerals Ltd. announces an Exploration/Drilling Update report for its San Jose deposit at the San Jose project. Drilling results incl. 250m @ 1.01% Li2O from 0m (cutoff 0.5% Li2O) . Plymouth Minerals Limited (ASX: PLH) (“Plymouth” or t | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Adrian Byass (Internal) | |
| ABSTRACT: | Plymouth Minerals Limited (ASX: PLH) (“Plymouth” or the “Company”) is pleased to announce the assay results from MSJ DD-0003. This is the first diamond hole drilled at the San Jose Lithium Project completed by Plymouth. San Jose is located in the Extremadura province of Spain. Executive Chairman, Adrian Byass commented: “I am delighted with the results from our first diamond drill hole into the San Jose Lithium Project. We have wide and high grade intersections that have exceeded our expectations and go a long way to validating this as a standout lithium project. We remain excited for the assay results from the rest of the 9 diamond holes from this 10 diamond hole programme.” “The style of mineralisation encountered in the drilling conducted by Plymouth would lend itself to be exploited by a bulk mining, open pit method at a low mining strip ratio.” MSJ DD-0003 was targeting the centre of the deposit and was drilled to a depth of 250m. Plymouth is pleased with the results from the first hole in the programme as the assays support and enhance the Company’s understanding of the deposit. The hole finished in grade of 1.08% Li2O indicating that the deposit has further potential and remains open at depth. Plymouth is conducting an initial drill programme of predominantly diamond drilling. The programme is expected to include 12 holes (2 RC, 10 Diamond) for 2,400m to confirm the historic resource at San Jose. There are currently 2 diamond rigs working around the clock to complete the programme. | |
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