drill results are good (12.19 news release):today's news release: very good results extending the 'South Zone's (dyke MR-4) SW towards that boulder train.
- very high grades in those intercepts (much higher grade than in dyke MR-3, in the Middle Zone, reported in early December).
- strike length extended.
- only wish the MR-4 pegmatite was thicker!
if other pegmatites on the property have similar grades as MR-4, wowie-zowie.
these holes indicate a simple geologic structure (so far) for MR-4, one that's easy to model and easy to develop a mining plan (hoping it gets to that in a year or so). Dykes usually follow geometrically defined patterns, so nearby ones may have similar orientations.
the news release says "
assays pending for another ten holes completed fall 2023", holes 23-27 to 23-36. From the map we can see this about the 10 remaining unreleased (assays in progress) holes:
two of the holes will evaluate the South Zone's NE end, potentially extending it another 200m, and evaluate whether MR-4 extends closer to what BRW calls the 'Middle Zone.'
eight of the holes will evaluate the Middle Zone, and that's interesting:
- two are on-strike with and NE of the South Zone's MR-4, and if they intercept a SE-45-ish dipping, spodumene pegmatite, may indicate that MR-4 possibly extends another 700 m to the NE - e.g., doubling inferred total length to >`1km; however there'd be a 450 m gap that would need some infill holes. This would be fantastic because the lithium grade of MR-4 is tremendous, seemingly twice as good as that of the Middle Zone's MR-3 (see early December news release).
- three are on-strike with and NE of the Middle Zone's lower grade but much wider MR-3 dyke.
- two are at a location that appears to lie between the on-trend, NE projections of MR-3 and MR-4. I'm unsure why they're being drilled. I suspect that BRW has outcrop mapping, LIDAR data, etc., to support a target there.
- one is in the cluster of reported holes from the Middle Zone's MR-3 dyke.