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Ann: 3rd & 4th Drill Hole Intersects Spodumene Bearing Pegmatites-PSC.AX, page-2

  1. 36 Posts.
    ASX ANNOUNCEMENT
    3rd Drill Hole intercepts a total of 17m of metres of visible Spodumene & Petalite Bearing Pegmatites
    4th Drill Hole intercepts a total of 24m of metres of mineralised Pegmatites at the Company’s Arcadia High Grade Lithium Project
    Drill Hole Summary ACD003
    Drill hole ACD003, which is situated 50m down dip of the first borehole has intercepted a similar number of visibly identified spodumene and petalite bearing pegmatites totalling 17m. The most significant are as follows:
    o
    0.55m Upper spodumene bearing pegmatite from 9.38m – 9.93m
    o
    Total of 5.70m Main Zone spodumene bearing pegmatite in two zones from 30.58m - 32.78m and 34.39 – 36.69m, well mineralised in spodumene and petalite
    o
    1.91m L5 Zone spodumene bearing pegmatite from 60.34 – 62.25m
    o
    4.78m of L6 Zone spodumene bearing pegmatite from 66.75 – 71.53m
    Drill hole Summary ACD004
    ACD004 was collared 50m northeast of ACD003, and 60m north of ACD001
    Fifteen mineralised
    pegmatites were intercepted, totalling 24.06m
    The most significant being:
    o
    3.71m of U2 Zone spodumene and petalite bearing pegmatite from 27.5m - 31.21m
    o
    5.54m of Main Zone spodumene, petalite and beryl bearing pegmatite from 36.06m – 41.6m
    o
    1.53m of L5 Zone, spodumene and petalite bearing pegmatite from 56.6m - 58.13m
    o
    6.3m of L8 Zone, spodumene, petalite and lepidolite bearing pegmatite from 64.73m - 71.03m
    Drilling results continue to be in line with expectations from historic data.
    The second diamond drill rig has arrived on site and is now in operation.
 
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