Total
0
Shares
Image Sourced Piedmont Lithium Limited
Market Herald logo

Subscribe

Be the first with the news that moves the market
Piedmont Lithium has announced today a large increase in lithium resources at its central operation site in North Carolina. Piedmont reported a haul of 2.8 million tonnes of lithium oxide at a healthy grade average of 1.34 percent. This was sourced over 18 drill holes spanning 2,840 meters. Piedmont Lithium CEO Keith Phillips says 16 of the 18 drill holes contained thick high-grade mineralization. “The Piedmont project is quickly becoming one of the largest hard-rock lithium projects in North America while enjoying all the benefits of our unique North Carolina, USA location,” he said. Phillips also expressed plans to expand land holdings in the area and to drill a larger income of resources. Total project-wide resources now sit at 19 million tonnes of Lithium Oxide. Average quality grading is currently 1.15 per cent. On-site drilling continues with three active rigs. Piedmont plans a further resource report in June this year, based on 70 active holes. Please see the announcement attached
PLL by the numbers
More From The Market Herald
National Tyre & Wheel (ASX:NTD) - CEO & Managing Director, Peter Ludemann

" National Tyre & Wheel’s (ASX:NTD) subsidiary acquires Access Alloys

National Tyre & Wheel’s (NTD) subsidiary, Dynamic Wheel Co, has acquired certain assets from 4×4 wheel specialist Access Alloys.

" Traffic Technologies (ASX:TTI) secures $3m streetlight order

Traffic Technologies (TTI) shares are in the green after securing a $3 million contract to supply LED streetlights in Tasmania.

" Dynamic Group (ASX:DDB) secures six short term contracts worth up to $14.1m

Dynamic Group (DDB) has secured six short-term contracts through its wholly-owned subsidiaries, Orlando Drilling and Drill & Blast.
HGL (ASX:HNG) - Executive Director, Joseph Constable

" HGL (ASX:HNG) launches $15m placement

HGL (HNG) is planning to raise $15 million through a private and conditional placement.