RE:RE:RE:RE:RE:RE:Laboratory results are published collectively as a reportKozmoT wrote: @bmob - I'm not just saying the 2018 drilling (of the same property!) wasn't economical, I'm saying the values (if there were ANY) weren't even worth REPORTING!!
I think the puzzling question is what took place during the 1.5 years between these two NR
25/04/2018
TANTALEX INTERCEPTS 99.5 METRES OF SPODUMENE BEARING PEGMATITE IN FIRST DRILLHOLE AT BUCKELL LITHIUM PROPERTY
06/11/2019
TANTALEX ANNOUNCES START OF DRILLING ON MANONO-KITOTOLO TAILINGS PROJECT
i was expecting the results from the 25.04.2018 findings were taken to the labs for testing and they came back not mine worthy at the time.
It's just an assumption on my part as they never specified in the NR other than this....
Toronto, Canada / Munich, Germany – April 25, 2018 – TANTALEX Resources Corporation (CSE:
TTX – FSE: 1T0) (“TANTALEX” or the “Corporation”), is pleased to announce that the first hole
of a 2,000-metre drilling program at its Buckell Lithium project, has intercepted multiple,
parallel spodumene-bearing pegmatite bodies totalling 99.5 metres in apparent thickness.
This first phase of drilling consists of 2,000 metres targeting the northeastern part of the
property that lies on strike with the Kitotolo pegmatite, located 7 km to the northeast. In
previous exploration work including sampling and pitting, results from laboratory analysis (SGS
Labs) confirmed positive identification of pegmatite extensions below the soil cover. Nico
Scholtz, VP Exploration of Tantalex, used the pitting results received to date, coupled with
visual ground investigations, as well as airborne geophysical, data to plan the drill collars. In
addition, his observations of spodumene and lithium alteration products in the drill core of hole
BMDD001 is used to plan additional drill collars along strike with the Kitotolo pegmatite.
Dave Gagnon, Chief Executive Officer explains, “This is a turning point for Tantalex with our first
hole intercepting multiple spodumene bearing pegmatite bodies. We are in a highly prolific
area for lithium and I am excited by the width and potential mineralization of this first drill hole.
We are continuing to drill along strike to identify further mineralization and should be reporting
these results as we receive them”.
for full NR refer to...
i think we can agree the grade is likely worth reporting. Backed up by the grade of our neighbours that will be taking the same pegmitite to production.
Maybe Tantalex wasn't expecting it to be so veiny and decided it wasn't economically feasily for further drilling at the time. But now with the worldwide increase in demand and little supply it's worth the effort. I don't see how they would have to report on the grade if it's a losing cause for them. I don't think there are guidlines saying a grade above x must be reported. i think it would depend on what the company decides to do with it at the time and if they can make money from it. After all, if they do make money from it it's ours as shareholders. If they decide not to make money from it then they don't owe us an explanation because '$0.00' devided by the many shareholders is still zero.
Maybe after 1.5 years they decided lets take another swing as this. I just hope it's for everones sake including the shareholders and its not just them trying to take advantage of us under the success of AVZ and the lithium hype.