Market ho-hum looks a great start IMHO will double next year min
LARGE JORC EXPLORATION TARGET RANGE FOR COLINA CONFIRMED
HIGHLIGHTS
Maiden independent JORC Indicated and Inferred Mineral Resource Estimate (MRE) for
the Colina Lithium Deposit of 13.3Mt @ 1.2% Li2O reported above a cut-off of 0.5% Li2O
(2.08Mt Indicated and 11.17Mt Inferred).
Significant upside growth potential identified at Colina, with SGS confirming an independent
estimated JORC Exploration Target Range ("ETR).
Recent drilling at the Colina West prospect, 500m to the west of Colina has confirmed the
continuity of the thick high-grade spodumene pegmatites intersected in drill hole SADD033,
with a further three holes intersecting the newly identified pegmatite swarm, assay results
pending.
Aggressive 65,000m drilling campaign planned for 2023 with the addition of four more
drilling rigs for a total of eight on site, this is designed to fast track rapid resource growth at
the Colina and Colina West Deposit and underpin a rapid move towards potential future
development.
Preliminary Economic Assessment (PEA) is well under way to allow fast tracking of DFS in
2023.