Lithium Plus Minerals kicks off RC drilling at Jenny’s prospect

The Market Herald2023-11-23

Lithium Plus Minerals (ASX:LPM) kicks off RC drilling at a target called Jenny’s The 2000-metre campaign will take place as LPM moves towards a maiden resource for Lei in Q4 of 2023 A more thorough ...

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The 2000-metre campaign will take place as LPM moves towards a maiden resource for Lei in Q4 of 2023. A more thorough diamond tip and RC rig run will kick off renewed at the Perseverance target before 2024. Shareholders will likely be closely watching, given that Jenny’s is an untested target for the company.Mineralisation is believed to be shallow and a diamond drill rig – able to go to depths RC and aircore can’t – will certainly help test this thesis.Lithium Plus recently concluded that short RC run at Perseverance, a separate target.At the same time, LPM will return a diamond tip and RC rig to Perseverance before the end of 2023 to launch a more thorough campaign.The drilling at Jenny’s, and the second run at Perseverance, together reflect LPM’s final exploration push for the 2023 calendar year.“With the short, drilling program now complete at Perseverance, we have moved our dual-purpose DC/diamond rig to the ","collect":0,"end_time":0,"defaultTopTitle":"themarketherald.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4110":"抵押房地产投资信托","LPM.AU":"LITHIUM PLUS MINERALS LTD","PLS.AU":"PILBARA MINERALS LTD","BK7095":"多种金属与采矿","BK7507":"资源股","RC":"Ready Capital Corp","BK7504":"锂钴概念"},"translate_title":"锂加矿物启动钢筋混凝土钻探在珍妮的前景","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LPM.AU":1,"PLS.AU":1,"RC":1},"content_text":"Lithium Plus Minerals (ASX:LPM) kicks off RC drilling at a target called Jenny’s\nThe 2000-metre campaign will take place as LPM moves towards a maiden resource for Lei in Q4 of 2023 \nA more thorough diamond tip and RC rig run will kick off renewed at the Perseverance target before 2024 \nShares last traded at 46 cents \n\nLithium Plus Minerals (ASX:LPM) has launched an RC drill run at a key target of interest called Jenny’s prospect.\nShareholders will likely be closely watching, given that Jenny’s is an untested target for the company. \nMineralisation is believed to be shallow and a diamond drill rig – able to go to depths RC and aircore can’t – will certainly help test this thesis. \nLast lithium plus push of 2023 \nThe 2000-metre campaign launched today follows up on a shorter 922-metre program.\nLithium Plus recently concluded that short RC run at Perseverance, a separate target.\nPreliminary data results from that 922-metre run will be available in December. \nAt the same time, LPM will return a diamond tip and RC rig to Perseverance before the end of 2023 to launch a more thorough campaign.\nLei maiden JORC inbound \nThe drilling at Jenny’s, and the second run at Perseverance, together reflect LPM’s final exploration push for the 2023 calendar year.\nIn the background looms large the pending maiden JORC resource for its Lei target – that, the company says, shareholders can expect before Janu\n“With the short, drilling program now complete at Perseverance, we have moved our dual-purpose DC/diamond rig to the nearby, untested Jenny’s Prospect,” LPM Chairman Dr Bin Guo said.\nExposure to China’s CATL \n“In the meantime, we remain on track with our plans to declare a maiden high-grade Mineral Resource Estimate at the Lei Prospect before year-end.\n“We are excited to begin drilling at Jenny’s, the third of our many outcropping pegmatite targets across the Bynoe Project area.”\nLithium Plus recently roused interest from Chinese entities when the company tapped investors for $8 million to carry on.\nChinese battery giant CATL is also handling some samples from Lei. \nLPM shares last traded at 46 cents.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2385691356"}