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Neo Lithium Corp V.NLC


Primary Symbol: NTTHF

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.


OTCQX:NTTHF - Post by User

Comment by tiger2201on Jun 07, 2021 9:08am
82 Views
Post# 33339113

RE:Resource Estimate

RE:Resource EstimateHi allyboys,

The best way to understand the current resource estimate is to read NLC's PFS, it posted on their web site.

The follwing comments are based on my memory, and maynot be accurate.

The current High Grade measured resource is the 3Q lake brine, based on the survey, around the rim of the brine lake.

The current High Grade indicated resource is up to 100 meters, since the deepest hole was 100 meters.

So the new resource upgrade will come from R-24, R25, & R26, vertically and lateratically, beyond 100 meter deep, and 250 meters to the east from 3Q lake.

If you read my past post, I did try to calculate the resouce sizes.

Hope that answer your questions.

tiger


allyboys wrote: Hole PPI-R-25 went to 268 meters. Hole 26 went down around 360 meters. I would like to better understand what may be included in the new resource in a few weeks? Will the resource include  the 268 meter 25 hole and hole 26 to 360 meters as measured or indicated? Further, will FL then include hole 24 as indicated from 100 meters to 268 meters? What is allowed as to an estimate? 


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