Neo Lithium Corp V.NLC

RE:RE:Another drilling season!!!

[tiger2201]

It's my bad, as NR said that 

The Northern high-grade mineral resource estimate at 800 mg/l lithium cut-off:

• Measured and indicated resource estimate of 1,682,000 tonnes of lithium carbonate equivalent at an average grade of 926 mg/l Lithium

 

The central and southern medium-grade resource estimate at 400 mg/l Lithium cut-off:

• Measured and indicated resource estimate 5,304,000 tonnes of lithium carbonate equivalent at an average grade of 636 mg/l Lithium

So NLC's Total M+I resources are 6.986 millions Tonnes, which ranks the 2nd in Argetina, behind LAC's 19.9 millions tonnes, ahead ORE's 6.4 millions tones.

NLC has a bright future!

tiger 

 

It's an excellent resource update, especially the Measured + Indicated, which can be converted into reserves for the DFS, and improve the project economics.  Also M+I is over 5.3 millions tonnes, and will be the ranked number 3 behind LAC & ORE. Although the overall resource
is below my estimate.