Lei Resource Upgrade Delivers 34% Increase in Contained Lith
Filed with ASX · · 41 pages · English
Summary by 6ix AI
Lithium Plus Minerals Ltd. has announced an upgraded Mineral Resource Estimate for the Lei Deposit, indicating a significant increase in contained lithium. The updated estimate shows a notable growth in both the total resource and the proportion classified as Indicated, enhancing the project's development potential. The company highlights further exploration opportunities across the Lei and Perseverance pegmatites, suggesting potential for additional resource expansion. This filing serves to inform investors about the improved resource metrics and the company's strategic direction towards low-capex Direct Shipping Ore operations.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Lithium Plus Minerals Ltd. on 6ix
Earlier from Lithium Plus Minerals
- Resignation of CEO
- A$2.15 M Placement to Fund Development of Bynoe Lithium Proj
- Trading Halt
- Chief Executive Officer appointed to accelerate Lei Lithium
- Quarterly Activities/Appendix 5B Cash Flow Report
Later from Lithium Plus Minerals
- LPM targets Rare Metal Pegmatites in the Arunta
- Targeted Drilling to Commence at Lei Lithium Project
- Lei Lithium Project Scoping Study
- Lei Scoping Study Presentation
- A$1.66 Million Placement to Advance Lei DSO Lithium Developm
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