Business
Best Lithium Grade Drill Result Received to Date
Best Lithium Grade Drill Result Received to Date.
About this update from Atlantic Lithium Limited.
[{"type":"text","content":"\n \n \n \n RNS Number : 2657V\n IronRidge Resources Limited\n 13 April 2021\n \n \n \n \n 13 April 2021\n \n \n \n \n \n \n \n \n Multiple High-Grade Drill Intersections\n \n \n Highest Grade Lithium Drill Result Received to Date\n \n \n Ghana, West Africa\n \n \n \n \n \n \n \n \n IronRidge Resources Limited (AIM: IRR, \"IronRidge\" or the \"Company\"), the African focussed minerals exploration company, is pleased to report multiple high-grade lithium pegmatite drill intersections at new targets adjacent to the Ewoyaa Lithium Project (\"ELP\"), where the Company has defined a JORC (2012) compliant Mineral Resource Estimate of 14.5Mt at 1.31% Li2O in the inferred and indicated category, including 4.5Mt at 1.39% Li2O in the indicated category in Ghana, West Africa. \n \n \n \n \n \n Figures and Tables referred to in this release can be viewed in the PDF version available via this link: \n \n \n http://www.rns-pdf.londonstockexchange.com/rns/2657V_1-2021-4-13.pdf\n \n \n \n \n \n HIGHLIGHTS:\n \n \n Ø \n \n Multiple high-grade lithium pegmatite intersections reported in initial reverse circulation (\"RC\") drilling results from new targets tested adjacent to the ELP, including highlights at a 0.4% Li2O cut-off and maximum 4m of internal dilution of:\n \n \n \n o \n \n GRC0219: 34m at 1.54% Li2O from 32m, including 13m at 1.8% Li2O from 51m and 1m at 4% Li2O from 62m\n \n \n \n o \n \n GRC0221: 36m at 1.44% Li2O from 83m, including 10m at 1.8% Li2O from 87m\n \n \n \n o \n \n GRC0223: 31m at 1.59% Li2O from 31m\n \n \n \n o \n \n GRC0217: 14m at 1.59% Li2O from 33m\n \n \n \n o \n \n GRC0220: 7m at 1.73% Li2O from 101m\n \n \n \n o \n \n GRC0220: 12m at 1.74% Li2O from 118m\n \n \n \n o \n \n GRC0220: 9m at 1.44% Li2O from 131m\n \n \n \n Ø \n \n Highest reported grade to date at the ELP of 4% Li2O over 1m in hole GRC0219 from 62m depth.\n \n \n \n Ø \n \n Drilling ongoing; assay results reported herewith for an additional 1,455m of the current programme designed to add resource tonnes within the immediate ELP resource area and test new exploration targets within the adjacent Saltpond license.\n \n \n \n Ø \n \n Additional 4,000m of drilling planned to test strike extensions where mineralisation remains open and test new targets; for a t...