Critical Resources Ltd (ASX:CRR)’s Alex Biggs outlines a “fantastic” drill result of 18 metres of visible spodumene in drill core from the Mavis Lake Lithium Project with Proactive’s Andrew Scott.
The spodumene intersection is estimated to have a mineral content of about 20%, quite high for spodumene, although visually interpreted results should always be treated with caution.
The company is focused on producing a mineral resource estimate for the project, with vendor term sheet milestones targets of 5 million tonnes and 10 million tonnes to aim high for.