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Plymouth Minerals Ltd.
Summary
| Project: | San Jose | |
|---|---|---|
| Deposit: | San Jose | |
| Location: | Spain | |
| Commodities: | Lithium | |
| Date: | 3/29/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 29-3-2017: Plymouth Minerals Ltd. announces an Exploration/Drilling Update report for its San Jose deposit at the San Jose project. JV - Drilling results incl. 250m @ 1.0% Li2O from 0m. Plymouth Minerals Limited (ASX:PLH) (Plymouth or the Company) is plea | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Adrian Byass (Internal) | |
| ABSTRACT: | Plymouth Minerals Limited (ASX:PLH) (Plymouth or the Company) is pleased to announce that the drilling results received to date from its maiden drilling of the highly-advanced San Jose lithium project which is hosted in lithium-mica have returned broad zones of lithium mineralisation and confirmed the integrity of the recently acquired drilling database (ASX release dated 14 March 2017). This is important as it has allowed the integration of the extensive historical drilling database and allows fast-tracking of economic studies and planned Mining Lease Application. Plymouth has now completed a ten hole reverse circulation (RC) and Diamond drill programme. Results have been returned for seven holes to date and the remainder are expected shortly. Resource Estimation calculations will commence upon final receipt of assays. Drilling shows the San Jose Lithium deposit is open along strike and at depth. Lithium mineralisation extends from surface to in excess of 250m vertical and in excess of 500m along strike. Drilling confirms San Jose is a globally significant lithium deposit with potential to be significantly enlarged. Plymouth is awaiting final assay results from three diamond drill holes and expects upon receipt to commence JORC Resource Estimation calculations. Plymouth has engaged leading industry consultants, Snowden Group (Snowdens) to conduct JORC resource estimation and open pit optimisation work. | |
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