RE:LithiumAuAgLi8 wrote: -Hopefully the airborne will bring out structure and an indication of possible size.
-Its very early but grade is encouraging.
-Access is from the Burgeo Highway in south-western Newfoundland Not far from the Past producing Hope Brook mine.
I do not know anything about lithium properties or that sector. I do know SIC fell into this butt backwards and its a plus. Very early stages so lets see what happens. They may not get around to drilling Golden Hope this year due to lack of drill rigs etc. Grey river will be drilled soon along with the larger drilling at Moosehead of course.
If Golden Hope turns out to be a viable lithium land package worth a lot of drilling, do not be surprised if this property is spun off. That happens all the time. It would be wise to do so with a PP and new lithium investor class. SIC shareholders of course would get spin out shares. Very early and this may never happen, however it is still good news for the company. Grey river I await eagerly along with the barge drilling at Moosehead.
The pullback here is consistent with other Newfoundland plays and the junior sector at large along with the gold price. Never never straight up in this or any sector.
GLTA
BC