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Bullboard - Stock Discussion Forum Neo Lithium Corp NTTHF

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 Discussion

Neo Lithium Corp > Resource Estimate
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Post by allyboys on Jun 06, 2021 9:30pm

Resource Estimate

Hole PPI-R-25 went to 268 meters. Hole 26 went down around 360 meters. I would like to better understand what may be included in the new resource in a few weeks? Will the resource include  the 268 meter 25 hole and hole 26 to 360 meters as measured or indicated? Further, will FL then include hole 24 as indicated from 100 meters to 268 meters? What is allowed as to an estimate?
Comment by tiger2201 on Jun 07, 2021 9:08am
Hi allyboys, The best way to understand the current resource estimate is to read NLC's PFS, it posted on their web site. The follwing comments are based on my memory, and maynot be accurate. The current High Grade measured resource is the 3Q lake brine, based on the survey, around the rim of the brine lake. The current High Grade indicated resource is up to 100 meters, since the deepest ...more  
Comment by neosceptic on Jun 07, 2021 10:30am
Yes, this is a big question and we all waiting for the final figures. Tiger and I went to similar conclusion, though Tiger was way more detailed in his estimation. 10M resource would be an optimistic, but reasonable "target." It is all guestimation, though. We know the new depth and we know that it is only North part is affected, the one with very high grades. However, it is difficult ...more  
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