Drilling Update and Final Holes Reported for the Phase 3 Drilling on the Core Property
PIEDMONT LITHIUM LTD AMERICAN DEPOSITARY RECEI (PLLL)
Company Research
Source: GlobeNewswire
Piedmont has received assay results from the final 15 drill holes of the Phase 3 drilling campaign on its Core property, showing high-grade mineralisation including: 15.8m of cumulative thickness of mineralization (non-continuous) across 4 pegmatites which includes high grade intercepts of 8.2m @ 1.91% Li2O, 3.2m @1.25 Li2O and 2.8m @1.05 Li2O in Hole 18-BD-23621.3m of cumulative thickness of mineralization (non-continuous) across 6 dikes which includes high grade intercepts of 6.0m @1.31% Li2O and 7.45m 1.04% Li2O in Hole 18-BD-23718.5m of cumulative thickness of mineralization (non-continuous) across 3 pegmatites which includes high grade intercepts of 13.0m @ 1.06% Li2O and 4.4m @1.11 Li2O in Hole 18-BD-238 Most of the holes are from outside the maiden Mineral Resource estimate of 16.2Mt at 1.12% Li2O, reported in June 2018, confirming upside potential for the resource.Seven holes completed at our Sunnyside Property, totalling 911 meters, with assays pending.Two of the three
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