I couldn’t read and reply to all the posts but for what it’s worth here are my thoughts on this announcement Apologies if it has been covered but I’m starting at the first post of this thread
Ladies and gentlemen we have lithium. My thoughts were cane creek 32 would be around 100ppm li. Well we hit 143ppm li. To me the main thing this shows is that the historical results are correct. Imo the 1700ppm figure was hit but should never be mentioned again as that was a one off . We are dealing with grades between 50 and 500ppm li. That is the reality.
This hole was an opportune entry and was supposed to be for the pilot plant. Expectations were not high. To hit a high of 143ppm from a free flowing self pressure hole is great imo. Good sign of what’s to come
View attachment 1066885
Bromine , magnesium and iodine is extremely interesting.
May provide a “significant financial contribution “
“Both bromine and Iodine are expected to be easily extracted”. The word easily is key.
“They all have commercial value and could be recovered and sold to an existing market “
Magnesium precipitated at the start
Again the mention of traps and south west. Wonder why they have acquired more land south west ! They get a good results of 143ppm li and they still think traps are operating in the south west. Huge potential for higher grades there imo
View attachment 1066888
Ok so we have world leading results for bromide and iodine and magnesium. Let’s remember we are not “anson lithium “ we are “Anson Resources “ and if we have found some resources that are commercial let’s get on the soap box and tell the world and get some deals done.....NOW
View attachment 1066891
On we go to “prove a jorc compliant resource” to “obtain funding for a large scale production plant “
Importantly “further exploration programs need to be completed and anson has already commenced planning for these sampling programs. “
That’s great so tell us now !
Finally bulk samples been processed. We could have results within days as to whether we have been able to separate the items and produce a small sample of lce. If the process works on 143ppm li and we have the magnesium , bromine and iodine then we are set ! Our expert who I recall works for the people that will be doing the bench top work can post more about that hopefully ! I am not naming him in case he prefers not to be named
View attachment 1066894
