Piedmont Lithium commences 25,000-metre drill program to extend project life
Wednesday, 23 January 2019 Piedmont Lithium Ltd (ASX:PLL) has commenced a 25,000-metre phase four drill program at the Piedmont Lithium Project within the Carolina Tin-Spodumene Belt in the US. The aim of the program is to significantly expand on the 13-year project life reported in the scoping study released in mid-September 2018. 19,000 metres will be focused on the Core property and the remaining 6,000 metres will be focused on the Central and Sunnyside properties. READ: Piedmont Lithium submits key permit applications for US lithium project Piedmont’s president and CEO Keith D. Phillips said: “We are excited about the phase 4 drill campaign and are confident that it will lead to a further enhancement of the 13-year mine life and US$888 million NPV reported in our updated scoping study in September 2018. “Our prior work has shown the powerful economic advantages of our North Carolina location, and as we continue to build our land package and resource base, we will establish the project as one of the world’s most significant and strategic hard-rock lithium properties.” The 110-hole, 19,000-meter Core property drill campaign is designed to increase the overall JORC resource estimate and to upgrade the resource from the Inferred to the Indicated category. Significant portions of the Core program will focus on a previously reported Exploration Target of between 4.5 to 5.5 million tonnes grading between 1.10% and 1.20% lithium oxide. One rig was mobilized to the Central Property in December and has to-date completed 8 holes totalling 1,204.8 meters with assays pending. These holes were following up October 2018 results of 7.0 metres at 1.53% lithium and 34 metres at 1.04% lithium. Additional earlier stage targets at Sunnyside, Central and other properties have been identified using recent soil sampling which will also feature in the 25,000-metre program.
HEBEI, CHINA — A new program on Tencent-owned social media app WeChat has been launched in the northern Hebei province that tracks debtors, according to a report in the state-run China Daily newspaper.
The program, whose name translates as "A Map of Deadbeat Debtors," was introduced on Jan. 16...
Brad Pitt making Chris Cornell documentary The 'World War Z' actor and director Peter Berg have teamed up with the Soundgarden frontman's widow, Vicky Cornell, to work on the feature-length film, which..
Credit: Wibbitz - Bang Entertainment Duration: 01:10Published
The Young Miss Buffalo Pageant: Scholarship & Enrichment Program, Inc (YMBP) is an organization dedicated to empowering young ladies ages 13-17. Our enrichment program along with the pageant experience..
Business Insider and CNBC report Target is expanding a new loyalty program that offers personalized benefits to members.
The program is called "Target Circle."
It has been piloting in Dallas but will..
Piedmont Lithium Ltd (ASX:PLL) has drilled out more high-grade lithium intersections at its Central property within its Piedmont Lithium Project in the US state... Proactive Investors Also reported by •Accesswire