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Reedy Lagoon Corporation Ltd.
Summary
| Project: | Nevada Lithium | |
|---|---|---|
| Deposit: | Big Smoky South | |
| Location: | United States | |
| Commodities: | Lithium | |
| Date: | 10/5/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 5-10-2018: Reedy Lagoon Corporation Ltd. announces an Exploration/Drilling Update report for its Big Smoky South deposit at the Nevada Lithium project. No significant assays returned from drilling at Big Smoky South. Low levels of lithium and boron have b | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Geoff Balfe (Internal) | |
| ABSTRACT: | Low levels of lithium and boron have been detected in samples of core from hole MBD-01 drilled during May on Reedy Lagoon’s (ASX:RLC) Big Smoky South project, located in Nevada USA (ASX release 14/05/2018). The results are consistent with the hyperspectral scanning results which indicated the presence of lithium bearing clays (ASX release 26/06/2018). 100 samples were submitted for assay from drill hole MBD-011 and results range from 10 ppm to 40 ppm lithium and from 10 ppm to 40 ppm boron which are not considered by the Company to be significant. | |
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