RLC 0.00% 0.4¢ reedy lagoon corporation limited

Interesting - I would expect this ann to be connected to CR. Is...

  1. 757 Posts.
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    Interesting - I would expect this ann to be connected to CR. Is Geoff really looking for some other ways of getting the money for drilling?

    'These results mean that RLC has successfully identified brine targets at each of its three lithium brine projects:  Big Smoky South Project, Alkali Lake Project and Columbus Marsh Project.

    Managing Director, Mr Geof Fethers said: “3 out of 3 is pretty impressive and shows the value of our geological modelling for brines in the area.

    We now need to drill to establish whether these are brines containing lithium in sufficient concentrations for economic extraction. We are applying for permits to drill and to pump to test the brines and hope to commence a drill programme in the September quarter of this year.

    These extremely positive results will support RLC seeking funding for the drill programme.”
 
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