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Century Lithium Corp. V.LCE

Alternate Symbol(s):  CYDVF

Century Lithium is an advanced stage lithium exploration company, focused on developing its 100%-owned Clayton Valley Lithium Project in Nevada, USA. The company’s world-class resource of lithium-bearing claystone is processed at its lithium extraction facility in Amargosa Valley, Nevada. Century Lithium is working towards completion of a Feasibility Study and subsequent permitting with the goal to become a domestic producer of high-purity lithium carbonate.


TSXV:LCE - Post by User

Bullboard Posts
Post by GarryJan1on Feb 04, 2018 6:48pm
205 Views
Post# 27500405

RE. Ahead of the Herd. Cypress

RE. Ahead of the Herd. Cypress
I really like this from HIGHLIGHTED

https://aheadoftheherd.com/Newsletter/2018/Cypress-closing-in-on-billion.htm

A billion-ton ‘blanket of lithium’

 

Marvin described the deposit as starting at the top of the outcrop and descending to around 350 feet below surface. The high-grade portion, with grades between 500 and 1,000 ppm Li, is now estimated to be nearly 70 meters thick. He said what’s remarkable about the deposit is its consistent lithology.

 

“As you go down it becomes finer grain and finer grain, until you're eventually in an olive-colored, very ash-rich mudstone. Then right about 90 feet on average, bang, you go from olive green to gray black. As you cross the redox, the lithology doesn’t change at all. It’s still a beautiful, consistent, thick-bedded ash rich mudstone that goes on for another 60 or 70 meters.”

 

“It begins to take on some harder units after about 100 meters average down. You're starting to hit some thin hard units. The color starts to go back to olive, then, tan, and then you’re done. Your background, is still 300, 400 ppm lithium. The stuff that's over 1,000 is in that main midsection that’s just so ash rich, it’s unbelievable.”

 

Your author did some conservative calculating and the tonnage numbers are very impressive.

 

3,500 meters length X 2,000 meters width X 70 meters thick X 1.75 specific gravity (density) = 857,500,000t of lithium enriched claystone (approx. 4.5mm tonnes of LCE).

 

Since we have no assays from Glory these numbers are from what CYP has, so far, drilled on their 100% owned Dean claims only.

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