RE:RE:RE:RE:Not surprised Looks like the recent drill program was a sucess! Stepping out the Lisle Zone to the East and Northeast. More holes working up to a resource estimate further increasing fair market value.
From thier last release, CEO Farshad Shirvani states:
"The Company is encouraged by the successful completion of its accomplished 2021 exploration program. All technical details are being compiled and initial visuals indicate that the Lisle Zone may be significantly expanded to the east and northeast."
I'm also anticipating the results from the ongoing Metalurgical testwork.
From their news release Oct 1, 2021:
"HAT drill core assays have indicated the presence of scandium at elevated levels typically twice that associated with crustal rocks. Scandium is a high value technology metal and is used in the manufacture of super-alloys and ceramic fuel cells; the market for scandium is anticipated to expand significantly in the near future. Preliminary analysis indicated the potential for by-product scandium production from the HAT project. The flotation testwork program will generate a tailings product that will be evaluated for the potential recovery of scandium. If the testwork proves successful, then by-product scandium production could add significant value to the HAT project."
Also from the latest release:
"camp facilities were upgraded to support a larger follow-up exploration program that will commence in early 2022"
I guess they will keep extending the Lisle deposit until they define the edge. So far it's
undefined in all directions I believe.
Wow, this could end up being a valuable resource!
I'm excited to see the resource estimate when it comes out.
And just think, this is not even the whole IP, only the Lisle Zone part of it.