RE:RE:Why I believe Alix Resources is a great investment right nowYou had a quick look did you? Lol. Didn’t get in cheap enough ya crook? Look again! People aren’t stupid man. They mention the word “significant” a few times so what your doing is illegal and I hope you get investigated.
For the rest of you, see below for the ACTUAL news release from the company. In addition to significant Li values, the clay horizons at Agua Fria are characterized by anomalous potassium values, an element which may be recoverable as potassium sulphate, a major component of “NPK” fertilizers. This potentially adds a valuable by-product.
- The first vertical hole, AF-17-001, was drilled to a depth of 126 meters, intersecting two intervals of +1,000 ppm Li in clay-bearing volcanogenic sediments, including 33meters from 3 to 36 meters averaging 1058ppm Li, and 21meters from 54 to 75 meters averaging 1043ppm Li.
- Assays over 1,000 ppm are significant, and represent the cut-off grade used by SRK Consulting (UK) Limited on the neighboring La Ventana lithium deposit, owned jointly by Bacanora Minerals Limited (70%) and Rare Earth Minerals PLC (30