strike length and gradesI had a look at past archives and feel comfotable with what I found:
Jean Lake pegmatites have good spodumene content and good surface grades 1-2.7pct Li, Trans, Giles and Camp. Trenching and sampling at Camp was 1pct +Li
All three Pegmatites are approx 700 meters in strike length of 1pct + Li , 5m widths.
TNR group showed that Forgan Lake has 900M strike length and higher widths with 1-2pct Li
Not sure what the Strike length is at Lucky Lake is but I know they got 1.48pct Li from a short hole in 2018.
Vegan pegmatites ...don't know the strike length here.
All in all they have 1700 meters of Spodumene bearing Pegmatites with enough preliminary data to suggest 1+ plus Li in all of them combined.
By the end of the Summer we should get a handle on the potential here. Spot price is $2,800 for Spodumene Li concentrate. My guess is approx 3 million Tonnes at 1pct+ Li at Jean Lake + Forgan/Lucky Lake at 10 million tonnes at 1.5pct Li.
Management keeps drawing comparisions to Rocktech at 12 millions tons 1pct Li as a realistic comparision . Then you add the brine deposit and you can really see what this company could be...