Neo Lithium Corp V.NLC

Primary Symbol: NTTHF

Metals & Mining Industrial Metals & Minerals

Neo Lithium Corp is engaged in the business of exploration operations. Its principal business activities are the exploration and development of resource properties. Its project includes the 3Q project. It operates its business in the countries like Canada and Argentina, however, most of the revenue is generated from Canada.

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Neo Lithium Corp

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Post by MurrayMacon Jul 22, 2016 9:13am

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Post# 25075226

Excerpts from the Technical Report....

S17 – INTERPRETATION AND CONCLUSIONS

The exploration work conducted to date for the 3Q Project is preliminary. To date, no drilling has been conducted for the Project. Consequently, it is not possible to develop Resource or Reserve Estimates with the existing dataset. Two zones of primary interest within the 3Q Project were identified based on surface and shallow sampling results. Specifically, they include areas where sampling indicated the presence of lithium at or above 410 mg/L. This concentration was qualitatively identified as being sufficiently elevated to be of interest for subsequent exploration.

Sampling results from these two Zones indicate that the lithium and potassium grades, and the levels of impurities, compare favourably against other deposits. Additional information is required to determine whether these surface brine distributions extend to adequate depths to be of economic importance.

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