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.

OTCQX:NTTHF - Post by User

Neo Lithium Corp > Mineralogical zone

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Comment by tiger2201on Jul 21, 2021 11:51am

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Post# 33581449

RE:Mineralogical zone

Hi allyboys,

The cut-off grades will not increase the total resource very much. The brine has grade mostly greater than 800 ppm/L in the high grade zone, while the medium grade is area is higher than 400 ppm/l. You may use lower cutoff rade at the medium grde area, that will increase the total resource.

As RUUD said that we have 10 million tonenes LCE, even we are producing at 60k/year, why should we lower the cutoff grade? How many years the mine will last? It doesn't make sense.

tiger

allyboys wrote: Hoping the cut-off can be reduced on the high grade and medium grade lithium areas due to newer tech. advances. Will be even more content when I understand the staking patterns on the new drilling. Will there also be drilling around hole 24 to see how wide spread and deep the lithium is located?

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