Piedmont Reports New Spodumene Pegmatite Disocveries and Final Phase 4 Drill Results
(firmenpresse) - - Piedmont has completed the final 19 drill holes of its Phase 4 drilling program, comprising 12 holes at our Central property and 7 holes at our Core property
- 10 of the 12 holes drilled on the Central property intersected significant mineralization, including:
o 36.0m (at) 1.11% Li2O from 15m and 44.9m (at) 1.30% Li2O from 72m in Hole 19-CT-19
o 13.0m (at) 1.28% Li2O from 169m and 7.3m (at) 1.37% Li2O from 203m in Hole 19-CT-26
- 6 of the 7 holes drilled on the Core property intersected significant mineralization, including:
o 14.8m (at) 1.55% Li2O from 81m and 12.4m (at) 1.02% Li2O from 35m in Hole 19-BD-332
o 12.3m (at) 1.55% Li2O from 69m, including 5.1m (at) 2.13% Li2O from 76m in Hole 19-BD-333
- Soil and rock chip sampling have led to the discovery of five new spodumene-bearing pegmatites
- Recent x-ray diffraction (XRD) analysis continues to confirm spodumene-only lithium mineralogy
Piedmont Lithium Limited (Piedmont or Company) is pleased to announce drill results for the final 19 drill holes of the Phase 4 drill campaign completed on the Piedmont Lithium Project (Project) located within the world-class Carolina Tin-Spodumene Belt (TSB) in North Carolina, USA (Figure 2). The drill results are from the Central and Core properties. Significant mineralization was encountered in 17 of the 19 holes reported.
The Phase 4 program comprised a total of 113 drill holes for 18,393 meters on both the Core and Central properties. 12 holes for 1,834 meters have been completed on the Central property (Figure 3) since an initial Mineral Resource estimate (MRE) was announced in April 2019. 7 holes totaling 820 meters have been completed at Core property (Figure 4) since announcing an updated MRE in June 2019. At both properties, the drilling was predominantly focused on Exploration Target areas.
These drill results continue to expand the extent of mineralization on both properties. At Central, mineralization has been extended laterally, to the southwest, and down dip. At the Core property, 5 of the 7 holes confirmed a significant new flat lying pegmatite in the southwest portion of the property.
Additionally, Piedmont has undertaken soil sampling over the past year which has proved to be a valuable exploration tool within the TSB. This years soil sampling program followed by rock chip sampling has led to the discovery of five new spodumene-bearing pegmatites on Piedmont exploration properties.
The regional data continues to highlight the overall size and continuity of the Carolina TSB and its importance as a domestic source for the critical element, lithium. Figure 1 shows a 25-mile portion of the Carolina TSB which hosts two historic mines, Piedmonts Lithiums MRE, USGS Mineral Resource Data System (MRDS) spodumene/lithium occurrences and other areas of confirmed spodumene mineralization documented by Piedmont Lithiums activities and regional mapping. After 70 years of history, the belt still has enormous exploration potential to add additional lithium resources.
Finally, recent XRD analysis from two composite samples, one from Core and one from Central, continue to identify spodumene as the only lithium bearing mineral identified.
https://www.irw-press.at/prcom/images/messages/2020/49872/200128 - Final Phase 4 Exploration Results_FINAL (002)_PRCOM.001.jpeg
Figure 1 - TSB Map showing Piedmont MRE, New Pegmatite Discoveries, and Historical Mines and Data
Keith D. Phillips, President and Chief Executive Officer, commented: We are excited by the continued positive news on the exploration front. In 2019 we increased our Mineral Resource Estimate from 16.2Mt (at) 1.12% to 27.9Mt (at) 1.11%, and we believe there is significant potential for further increases. The Carolina Tin-Spodumene Belt is one of the worlds largest spodumene occurrences, and as we continue to build our land package and have exploration success, the potential for mine life extension or throughput expansion will be an important area of focus.
For further information, please contact:
Keith D. Phillips ---
President & CEO ---
T: +1 973 809 0505 ---
E: kphillips(at)piedmontlithium.com -
Anastasios (Taso) Arima
Executive Director
T: +1 347 899 1522
E: tarima(at)piedmontlithium.com
https://www.irw-press.at/prcom/images/messages/2020/49872/200128 - Final Phase 4 Exploration Results_FINAL (002)_PRCOM.002.jpeg
Figure 2 - Piedmont Lithium Project Property and Drill Hole Location Map
Central Property Drilling Discussion
Eastern Dike
The most interesting drill results reported are from 19-CT-019, where two wide intercepts of spodumene bearing pegmatite were encountered along the eastern dike trend: 36.0m (at) 1.11 Li2O% beginning at 14.6m downhole and 44.9 m (at) 1.30% Li2O beginning at 72.4m downhole (Figure 3). This hole was a 54-meter step out to the southwest of hole 19-CT-018, which was the last hole included in the initial Central MRE. A follow-up hole 19-CT-020 was drilled in the opposite direction to scissor hole 19-CT-019, and a cross section (A-A) interpretation is provided in Figure 4. The intercepts reported are drill thickness and not true thickness as interpretations suggest the pegmatite has a slight westerly dip.
Hole 19-CT-021 was drilled approximately 30 meters southwest of 19-CT-020; it encountered two thin spodumene bearing dikes suggesting that the thickest portion of the eastern dike plunges to the southwest beneath holes 19-CT-020 and 19-CT-021.
Hole 19-CT-022 was drilled 92 meters north of 19-CT-020 and was designed to reconfirm the dip and to upgrade the resource classification of the eastern dike. The results confirm the near vertical orientation of the eastern spodumene bearing dike.
Holes 19-CT-024 and 19-CT-028 both targeted sub-crop of spodumene bearing pegmatite. These holes encountered mineralization at shallow depths downhole, 2.0 m and 0.8m, respectively. Hole 19-CT-025 was drilled to the southeast under 19-CT-024 and 19-CT-028 with no significant results suggesting the mineralization encountered in 19-CT-024 and 19-CT-028 is a portion of the eastern dike system and dips south-easterly.
https://www.irw-press.at/prcom/images/messages/2020/49872/200128 - Final Phase 4 Exploration Results_FINAL (002)_PRCOM.003.jpeg
Figure 3- Central Property Drill Hole and Section Location Map
Western Dike
Holes 19-CT-026, 19-CT-027 and 19-CT-029 targeted the southeast dipping western dike. All the holes intercepted significant mineralization and continue to confirm the 60-75-degree southeast dip of the western dike. The deeper intercepts in holes 19-CT-026 and 19-CT-027 targeted the lower edge of the resource block. These results will expand the resource 40 - 80 meters down dip.
Hole 19-CT-029 was drilled, in the Exploration Target area, 80m southwest of hole 19-CT-012. These results significantly expand the potential resource to the southwest. In addition, this hole encountered four individual mineralized dikes suggesting more complex diking and the possibility of sub horizontal dike orientations.
Other
Hole 19-CT-030 was targeting a small spodumene bearing outcrop in a previously unexplored area. Several zones of barren pegmatite were encountered within the drill hole with no significant mineralization reported.
https://www.irw-press.at/prcom/images/messages/2020/49872/200128 - Final Phase 4 Exploration Results_FINAL (002)_PRCOM.004.jpeg
Figure 4 - Cross section for Central Property
Core Property Drilling Discussion
Of the seven holes completed, four targeted a zone in the southwest portion of the property where little to no drilling had been previously completed (Figure 5). In Piedmont Lithiums press release dated May 29, 2019 a cross section was included where two relatively steep dipping dikes were interpreted with a potential flat lying dike connecting two steep dipping dikes. This area was described as having significant or high potential. Five holes targeted this potential flat lying dike with all five successfully intersecting the dike. Holes 19-BD-332 and 19BD-333 successfully intersected spodumene bearing pegmatite at expected depths (Figure 6). Hole 19-BD-332 was most significant as it targeted the up-dip of the eastern steep dipping dike (12.4m (at) 1.02% Li2O) and the new flat lying dike (14.8m (at) 1.55% Li2O%) whereas hole 19-BD-333 targeted the flat lying pegmatite (12.3m (at) 1.55% Li2O ) approximately 60 meters northwest.
Holes 19-BD-333, 334, 337 and 338 have now traced the extent of the flat lying pegmatite for over 200 meters to the south. Oriented core and cross section interpretations confirm the dike has an east-west strike with a shallow south dip. Mineralization, both up dip and downdip, remains open.
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Figure 5 - Drill Location Map for the Core Property
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Figure 6 - Cross section for the Core Property
Soil Sampling and Rock Chip Sampling
Soil sampling has proven to be an excellent prospecting tool for spodumene bearing pegmatite within the Carolina Tin- Spodumene Belt. To date, piedmont has collected 2,390 soil samples from its properties. The samples have been assayed by ICP analysis for 49 elements. By evaluating abundances and ratios of elements in the soils, bedrock lithologies can be interpreted. A specific suit of elements highlights pegmatite bedrock. Prospecting these areas indicative of pegmatite bedrock along with areas of elevated lithium has led to the discovery of pegmatites and spodumene bearing pegmatites.
For example, the eastern pegmatite at the Central property was highlighted by soil geochemistry, a pegmatite bedrock signature with a weak to moderate lithium anomaly. Subsequent prospecting identified a few small float blocks of spodumene pegmatite, drilling then confirmed the discovery of a significant high grade spodumene pegmatite.
Figure 7 shows five additional areas in which spodumene bearing pegmatite have been discovered using the soil data followed by prospecting and rock chip sampling. The maximum lithium assays from the rock chip samples are shown on the figure, and a complete table of rock samples from each area are shown in Appendix 2. Rock chip samples were collected from float blocks to outcrop. Spodumene has been confirmed visually from all the areas highlighted.
https://www.irw-press.at/prcom/images/messages/2020/49872/200128 - Final Phase 4 Exploration Results_FINAL (002)_PRCOM.007.jpeg
Figure 7 - Map showing Maximum Lithium Assays (Li2O%) for Rock Chip Samples for Each Area.
X-ray Diffraction (XRD) Analysis
Recent XRD analysis continue to confirm the unique spodumene only lithium mineralogy for Piedmont Lithiums resources and the Carolina TSB. Piedmont selected two drill holes, one from Central (19-CT-014) and one from Core (19-BD-265), where SGS Laboratories composited drill core sample pulps from mineralized pegmatite within the mineral resource. Subsequently a sub-sample was collected from each of the two composites and analyzed at SGS Lakefield using Semi-Quantitative Mineral Identification by XRD (ME-LR-MIN-MET-MN-D03) method. The composites were reconciled with a bulk chemistry whole rock analysis and/or other chemical data. The details for each sample are summarized below in Table 1.
Table 1: XRD Analysis Details Results
Drill Hole 19-CT-17 19-BD-265
Property Central Core
Total No. of Composited Pulps 19 24
LithiSpodumene 20.4 19.6
um-be
aring
mine
rals
Petalite - -
Lepidolite - -
Zinnwaldite - -
Holmquistite - -
Non-lithium bearing minerals 79.5 80.4
Total 100.0 100.0
Weighted Average from Diamond
Drill
Hole
Assays (Li2O%)
Composite Sample Assays (Li2O%) 1.66 1.57
The XRD results, along with the data presented in the Press Release of June 18, 2019, continue to demonstrate that lithium occurs almost exclusively within spodumene in Piedmonts mineral resource. Percentages of spodumene from the XRD analysis correlate well with the Li2O% calculated from the drill core pulps. Additionally, the results show the pegmatite has very similar mineralogy and mineral percentages from one property to another. The primary mineralogy of the mineralized pegmatite consists of quartz, albite, spodumene, microcline and muscovite.
About Piedmont Lithium
Piedmont Lithium Limited (ASX: PLL; Nasdaq: PLL) holds a 100% interest in the Piedmont Lithium Project (Project) located within the world-class Carolina Tin-Spodumene Belt (TSB) and along trend to the Hallman Beam and Kings Mountain mines, historically providing most of the western worlds lithium between the 1950s and the 1980s. The TSB has been described as one of the largest lithium provinces in the world and is located approximately 25 miles west of Charlotte, North Carolina. It is a premier location for development of an integrated lithium business based on its favorable geology, spodumene-only mineralogy, proven metallurgy and easy access to infrastructure, power, R&D centers for lithium and battery storage, major high-tech population centers and downstream lithium processing facilities.
Forward Looking Statements
This announcement may include forward-looking statements. These forward-looking statements are based on Piedmonts expectations and beliefs concerning future events. Forward looking statements are necessarily subject to risks, uncertainties and other factors, many of which are outside the control of Piedmont, which could cause actual results to differ materially from such statements. Piedmont makes no undertaking to subsequently update or revise the forward-looking statements made in this announcement, to reflect the circumstances or events after the date of that announcement.
Cautionary Note to United States Investors Concerning Estimates of Measured, Indicated and Inferred Resources
The Projects Core Property Mineral Resource of 25.1Mt (at) 1.09% Li2O comprises Indicated Mineral Resources of 12.5Mt (at) 1.13% Li2O and Inferred Mineral Resources of 12.6Mt (at) 1.04% Li2O. The Central Property Mineral Resource of 2.80Mt (at) 1.34% Li2O comprises Indicated Mineral Resources of 1.41Mt (at) 1.38% Li2O and 1.39Mt (at) 1.29% Li2O.
The information contained in this announcement has been prepared in accordance with the requirements of the securities laws in effect in Australia, which differ from the requirements of U.S. securities laws. The terms "mineral resource", "measured mineral resource", "indicated mineral resource" and "inferred mineral resource" are Australian terms defined in accordance with the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code). However, these terms are not defined in Industry Guide 7 ("SEC Industry Guide 7") under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), and are normally not permitted to be used in reports and filings with the U.S. Securities and Exchange Commission (SEC). Accordingly, information contained herein that describes Piedmonts mineral deposits may not be comparable to similar information made public by U.S. companies subject to reporting and disclosure requirements under the U.S. federal securities laws and the rules and regulations thereunder. U.S. investors are urged to consider closely the disclosure in Piedmonts Form 20-F, a copy of which may be obtained from Piedmont or from the EDGAR system on the SECs website at http://www.sec.gov/.
Competent Persons Statement
The information in this announcement that relates to Exploration Results is based on, and fairly represents, information compiled or reviewed by Mr. Lamont Leatherman, a Competent Person who is a Registered Member of the Society for Mining, Metallurgy and Exploration, a Recognized Professional Organization (RPO). Mr. Leatherman is a consultant to the Company. Mr. Leatherman has sufficient experience that is relevant to the style of mineralization and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr. Leatherman consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.
The information in this report that relates to Exploration Targets, Mineral Resources, Metallurgical Testwork Results, Process Design, Process Plant Capital Costs, and Process Plant Operating Costs, Mining Engineering and Mining Schedule was extracted from our ASX announcement dated August 7, 2019 entitled Updated Scoping Study Extends Project Life and Enhances Exceptional Economics which is available to view on the Companys website at www.piedmontlithium.com. Piedmont confirms that: a) it is not aware of any new information or data that materially affects the information included in the original ASX announcements; b) all material assumptions and technical parameters underpinning Mineral Resources, Exploration Targets, Production Targets, and related forecast financial information derived from Production Targets included in the original ASX announcements continue to apply and have not materially changed; and c) the form and context in which the relevant Competent Persons findings are presented in this report have not been materially modified from the original ASX announcements.
Appendix 1- Drill Core Assay Data
Hole EastingNorthinElev.Az. Dip Dept From To IntercLi2
ID g (m) (o) (o)h (m) (m) ept O
(m) (m) (%
)
19-CT473345.3913427284.8292.-55.172. 14.6 50.6136.01 1.1
-019 2 .7 9 8 5 1
and 72.4 117.344.94 1.3
4 0
and 143.4144.41.00 1.7
0
19-CT473285.3913472282.2132.-52.109. 32.6535.443.29 1.7
-020 7 .4 2 5 5 5
and 61.5774.6413.07 1.8
2
includ62.4672.8810.42 2.0
ing 4
19-CT473247.3913448281.4119.-52.145. 63.1464.221.08 1.0
-021 1 .5 2 6 5 0
and 86.5290.413.89 1.1
6
19-CT473296.3913564277.2115.-54.150. 23.5324.651.12 0.8
-022 1 .4 2 2 0 1
and 90.56105.414.92 1.4
8 2
includ90.5699.829.26 1.7
ing 5
19-CT473232.3913383281.3127.-50.140. 50.8852.221.34 1.5
- 5 .2 4 7 0 2
023
and 95.8 99.383.58 0.9
3
19-CT473235.3913236286.5315 -54.151. 2.03 9.25 7.22 0.8
-024 1 .7 2 5 6
and 14.2618.5 4.24 0.9
6
19-CT473179.3913280285.6133.-52.118.No Significant Intercepts
-025 9 .8 2 9 0
19-CT473225.3913382281.2309.-56.226. 169.2182.112.97 1.2
-026 6 .5 8 6 5 2 9 8
includ170.1179.69.43 1.6
ing 7 5
and 203.1210.37.27 1.3
7 7
includ203.7209.05.36 1.7
ing 1 7 1
19-CT473173.3913294286.0315.-55.235. 102.3107.14.78 0.8
-027 8 .8 1 4 5 8 6 7
and 149.9155.15.23 0.8
1 4 2
and 190.4198.37.90 1.2
4
19-CT473237.3913237285.8310.-85.61.5 0.75 30.8930.14 0.9
-028 9 .5 1 8 5
includ3.0 17.5 14.50 1.2
ing 3
includ23.8 30.897.09 1.3
ing 2
19-CT473084.3913292285.7310.-57.154. 29.2833.053.77 0.7
-029 8 .1 8 5 5 5
includ29.2831 1.72 1.3
ing 5
and 50.1656.8 6.64 0.7
6
includ50.6353.683.05 1.5
ing 9
and 65.6468.352.71 0.8
3
and 119.2127.48.15 0.8
9 4 5
includ122.9127.44.52 1.2
ing 2 4 9
19-CT472707.3913331280.8338.-55.166.No Significant Intercepts
-030 0 .2 1 5 5
19-BD473431.3915767267.7311 -50.130. 21.0622.921.86 0.6
-332 3 .0 7 5 8
and 34.8044.6112.42 1.0
2
and 81.2096.0414.84 1.5
5
19-BD473367.3915813244.4297 -49.110 68.6380.9512.32 1.5
-333 9 .8 5 5
includ75.8380.955.12 2.1
ing 3
and 96.0199.143.13 1.0
4
19-BD473355.3915780254.2299 -49.110 89.0699.9410.88 1.5
-334 4 . 2 0
9
19-BD473698.3915886250.3294 -59.76 32.4633.711.25 0.9
-335 6 .8 6 0
and 39.0440.000.96 1.1
4
and 55.9657.501.54 0.9
9
19-BD473635.3915718241.4295 -54.96 No Significant
-336 2 .8 9 Intercepts
19-BD473333.3915702262.6298 56.1148 125.1135.210.13 1.2
-337 8 .4 4 7 4
includ126.1131.15.05 1.7
ing 4 9 7
19-BD473282.3915693271.8299 -60.150 133.4142.38.96 0.9
-338 6 .9 3 2 8 7
Appendix 2- Rock Chip Assay Data
Sample IEasting NorthingArea Sample TypSample DescriLi2O
D e ption (%)
B0037420475952 3917137 Area 1 Grab Spodumene 1.85
2 Pegmatite
B0037420476007 3917196 Area 1 Grab Spodumene 0.72
3 Pegmatite
B0037420476010 3917183 Area 1 Grab Spodumene 2.20
4 Pegmatite
B0037420476116 3917257 Area 1 Grab Spodumene 0.47
5 Pegmatite
B0037420475989 3917378 Area 1 Grab Pegmatite 1.05
6
B0037420476124 3917410 Area 1 Grab Spodumene 1.45
7 Pegmatite
B0037420476221 3917380 Area 1 Grab Spodumene 1.71
8 Pegmatite
B0037421475372 3916891 Area 1 Grab Spodumene 1.46
1 Pegmatite
B0037421475390 3916930 Area 1 Grab Spodumene 1.42
2 Pegmatite
B0037421475394 3916934 Area 1 Grab Spodumene 2.37
3 Pegmatite
B0037421475419 3916984 Area 1 Grab Spodumene 1.04
4 Pegmatite
B0037421475432 3916991 Area 1 Grab Spodumene 0.85
5 Pegmatite
B0037421475574 3917166 Area 1 Grab Spodumene 1.43
6 Pegmatite
B0008464471879 3914404 Area 2 Grab Spodumene 2.63
0 Pegmatite
B0008464471905 3914425 Area 2 Grab Spodumene 1.08
3 Pegmatite
B0008464471865 3914434 Area 2 Grab Pegmatite 0.82
4
B0008464471828 3914395 Area 2 Grab Pegmatite 0.02
5
B0008464471817 3914439 Area 2 Grab Pegmatite 0.05
6
B0008464471684 3914493 Area 2 Grab Spodumene 1.35
7 Pegmatite
B0008464471709 3914472 Area 2 Grab Spodumene 2.05
8 Pegmatite
B0008464471944 3914411 Area 2 Grab Pegmatite 0.04
9
B0008465471908 3914395 Area 2 Grab Pegmatite 0.03
0
B0034490471756 3914470 Area 2 Grab Spodumene 1.25
5 Pegmatite
B0034490471697 3914436 Area 2 Grab Spodumene 0.01
6 Pegmatite
B0034490471731 3914485 Area 2 Grab Spodumene 1.87
7 Pegmatite
B0034490471751 3914495 Area 2 Grab Pegmatite 0.02
8
B0034490471713 3914479 Area 2 Grab Spodumene 1.74
9 Pegmatite
B0034491471702 3914482 Area 2 Grab Spodumene 0.26
0 Pegmatite
B0034491471688 3914479 Area 2 Grab Spodumene 1.42
1 Pegmatite
B0034491471681 3914491 Area 2 Grab Spodumene 0.96
2 Pegmatite
B0034491471676 3914496 Area 2 Grab Spodumene 0.76
3 Pegmatite
B0034491471672 3914499 Area 2 Grab Spodumene 0.94
4 Pegmatite
B0034491471672 3914471 Area 2 Grab Spodumene 0.46
5 Pegmatite
B0034491471670 3914403 Area 2 Grab Pegmatite 0.02
6
B0034491471667 3914395 Area 2 Grab Pegmatite 0.07
7
B0034491471820 3914367 Area 2 Grab Pegmatite 0.01
8
B0034491471828 3914415 Area 2 Grab Pegmatite 0.03
9
B0034492471784 3914436 Area 2 Grab Pegmatite 0.01
0
B0034492471756 3914513 Area 2 Grab Pegmatite 0.03
1
B0034492471753 3914509 Area 2 Grab Pegmatite 0.01
2
B0034492471892 3914544 Area 2 Grab Spodumene 0.74
3 Pegmatite
B0034492471857 3914595 Area 2 Grab Pegmatite 0.03
4
B0008462472146 3913992 Area 3 Grab Pegmatite 0.02
9
B0008463472176 3913997 Area 3 Grab Pegmatite 0.08
0
B0008463472182 3913996 Area 3 Grab Pegmatite 0.07
1
B0008463472191 3913980 Area 3 Grab Pegmatite 0.05
2
B0034492472339 3914311 Area 3 Grab Pegmatite 0.02
9
B0034493472396 3914245 Area 3 Grab Pegmatite 0.02
0
B0034493471977 3913884 Area 3 Grab Pegmatite 0.04
1
B0034493471950 3914151 Area 3 Grab Spodumene 2.10
2 Pegmatite
B0034493471935 3914149 Area 3 Grab Spodumene 2.09
3 Pegmatite
B0034493471930 3914155 Area 3 Grab Spodumene 2.41
4 Pegmatite
B0034490470750 3909662 SunnysiGrab Spodumene 1.72
1 de Pegmatite
B0034490470759 3909660 SunnysiGrab Spodumene 1.55
2 de Pegmatite
B0034490470752 3909655 SunnysiGrab Spodumene 0.16
3 de Pegmatite
B0034490470758 3909650 SunnysiGrab Spodumene 0.31
4 de Pegmatite
B0034493470639 3908912 SunnysiGrab Pegmatite 0.01
5 de
B0034493470537 3908941 SunnysiGrab Pegmatite 0.06
6 de
B0034493470535 3908955 SunnysiGrab Pegmatite 0.03
7 de
B0034493470771 3909313 SunnysiGrab Spodumene 1.97
8 de Pegmatite
B0034493470787 3909346 SunnysiGrab pegmatite 0.56
9 de
B0034494470814 3909375 SunnysiGrab Spodumene 2.91
2 de Pegmatite
B0034494470803 3909378 SunnysiGrab Spodumene 2.52
3 de Pegmatite
B0034494470898 3909524 SunnysiGrab Pegmatite 0.02
4 de
B0034494470759 3909403 SunnysiGrab Pegmatite 0.02
5 de
B0008460474540 3915360 Area 5 Grab Spodumene 1.56
1 Pegmatite
B0037422474574 3915526 Area 5 Grab Spodumene 2.10
8 Pegmatite
B0037422474565 3915526 Area 5 Grab Spodumene 1.86
9 Pegmatite
B0037423474555 3915536 Area 5 Grab Pegmatite 0.80
0
Appendix 3: JORC Table 1 Checklist of Assessment and Reporting Criteria
Section 1 Sampling Techniques and Data
CriteriaJORC Code Commentary
explanation
Sampling> Nature and All drill results reported are from
techniq quality of diamond core samples. The core was
ues sampling (e.g. cut sawn at an orientation not
channels, random influenced by the distribution of
chips, or specific mineralization within the drill
core (i.e. bisecting mineralized
specialised industry veins or cut perpendicular to a
standard fabric in the rock that is
measurement tools independent of mineralization,
appropriate to the such as foliation). Diamond
minerals under drilling provided continuous core
investigation, which allowed continuous sampling
such as of mineralized zones. The core
sample intervals were a minimum of
downhole gamma sonde 0.35m and a maximum of 1.5m for HQ
s or NQ drill core (except in
, or handheld XRF
instruments, saprolitic areas of poor recovery
etc.). These where sample intervals may exceed
examples should 1.5m in length) and took into
not be taken as account lithological boundaries
limiting the broad (i.e. sample was to, and not
meaning of across, major
sampling. contacts).
> Include reference
to measures taken All results reported for rock chip
to ensure sample samples are from surface outcrop,
sub-crop and float blocks. The
representivity and reported samples are considered as
the appropriate grab samples and do not represent
calibration of any a continuous sample over any width
measurement tools or length of the mineralized
or systems system.
used.
Locations of the samples were recor
> Aspects of the ded
determination of with a hand held GPS unit.
mineralisation that XRD data reported is from two drill
are Material to holes. SGS Laboratories
the Public Report. composited drill core sample pulps
In cases where from mineralized pegmatite within
industry the mineral resource.
standard work has Subsequently a sub-sample was
been done this collected from each of the two
would be composites and analyzed at SGS
relatively simple Lakefield using Semi-Quantitative
(e.g. reverse Mineral Identification by XRD
circulation (ME-LR-MIN-MET-MN-D03) method.
drilling was used The composites were reconciled
to obtain 1 m with a bulk chemistry whole rock
samples from which analysis and/or other chemical
3 kg was data.
pulverised to
produce a 30 g Standards and blanks were inserted
charge for fire into the sample stream to assess
assay). In other the accuracy, precision and
cases more methodology of the external
explanation may be laboratories used. In addition,
required, such as field duplicate samples were
where there is inserted to assess the variability
coarse gold that of the
has inherent
sampling problems. mineralization., The laboratories
Unusual undertake their own duplicate
commodities or sampling as part of their internal
QA/QC processes. Examination of
mineralisation types the QA/QC sample data indicates
(e.g. submarine satisfactory performance of field
nodules) may sampling protocols and assay
warrant disclosure laboratories providing acceptable
of detailed levels of precision and
information. accuracy.
Drilling> Drill type (e.g. All diamond drill holes were
techniq core, reverse collared with HQ and were
ues circulation, transitioned to NQ once
open-hole hammer, non-weathered and unoxidized
rotary air blast, bedrock was encountered. Drill
auger, Bangka, core was recovered from
sonic, etc.) and surface.
details (e.g. core
diameter, triple Oriented core was collected on selec
or standard tube, ted
depth of diamond drill holes using the REFLEX ACT
tails, III tool by a qualified geologist
face-sampling bit at the drill rig. The orientation
or other type, data is currently being evaluated.
whether core is
oriented and if
so, by what
method,
etc.).
Drill > Method of The core was transported from the
sample recording and drill site to the logging facility
recover assessing core and in covered boxes with the utmost
y chip sample care. Once at the logging
recoveries and facility, the following procedures
results were carried out on the
assessed. core:
> Measures taken to 1. Re-aligning the broken core in
maximise its original position as closely
sample recovery as possible.
and ensure
representative
nature of the 2. The length of recovered core was
samples. measured, and meter marks clearly
placed on the core to indicate
> Whether a depth to the nearest
relationship
exists between centimeter.
sample recovery 3. The length of core recovered was
and grade and used to determine the core
whether sample recovery, which is the length of
bias may have core recovered divided by the
occurred due to interval drilled (as indicated by
preferential the footage marks which was
loss/gain of converted to meter marks),
fine/coarse expressed as a percentage. This
material. data was recorded in the database.
The core was photographed wet
before
logged.
4. The core was photographed again
immediately before sampling with
the sample numbers visible.
Sample recovery was consistently
good except for zones within the
oxidized clay and saprolite zones.
These zones were generally within
the top 20m of the hole. No
relationship is recognized between
recovery and grade. The drill
holes were designed to intersect
the targeted pegmatite below the
oxidized
zone.
Logging > Whether core and Geologically, data was collected in
chip samples have detail, sufficient to aid in
been geologically Mineral Resource estimation.
and geotechnically
logged to a level
of detail to Core logging consisted of marking
support the core, describing lithologies,
appropriate geologic features, percentage of
Mineral Resource spodumene and structural features
estimation, mining measured to core
studies and axis.
metallurgical
studies. The core was photographed wet
before logging and again
> Whether logging immediately before sampling with
is qualitative or the sample numbers
quantitative in visible.
nature. Core (or
All the core from the form the 12 ho
costean, channel, les reported was
etc.) logged.
photography.
> The total length
and percentage of
the relevant
intersections
logged.
Sub-samp> If core, whether Core was cut in half with a diamond
ling cut or sawn and saw.
techniq whether quarter,
ues and half or all core Standard sample intervals were a
sample taken. minimum of 0.35m and a maximum of
prepara 1.5m for HQ or NQ drill core,
tion > If non-core, taking into account lithological
whether riffled, boundaries (i.e. sample to, and
tube sampled, not across, major
rotary split, etc. contacts).
and whether
sampled wet or The preparation code is CRU21
dry. (crush to 75% of sample <2mm) and
PUL45 (pulverize 250g to 85% <75
> For all sample microns).
types, the nature,
quality and A CRM or coarse blank was included
appropriateness of at the rate of one for every 20
the sample drill core samples (i.e. 5%).
preparation
technique.
Sampling precision is monitored by
> Quality control selecting a sample interval likely
procedures adopted to be mineralized and splitting
for all the sample into two ¼ core
sub-sampling duplicate samples over the same
stages to sample interval. These samples are
consecutively numbered after the
maximise representiv primary sample and recorded in the
ity sample database as field
of samples. duplicates and the primary sample
> Measures taken to number recorded. Field duplicates
ensure that the were collected at the rate of 1 in
sampling is 20 samples when sampling
representative of mineralized drill core
the in situ intervals
material
collected, Samples were numbered sequentially
including for with no duplicates and no missing
instance results numbers. Triple tag books using
for field 9-digit numbers were used, with
duplicate/second-ha one tag inserted into the sample
lf bag and one tag stapled or
sampling. otherwise affixed into the core
tray at the interval the sample
> Whether sample was collected. Samples were placed
sizes are inside pre-numbered sample bags
appropriate to the with numbers coinciding to the
grain size of the sample tag. Quality control (QC)
material being samples, consisting of certified
sampled. reference materials (CRMs), were
given sample numbers within the
sample stream so that they are
masked from the laboratory after
sample preparation and to avoid
any duplication of sample numbers.
Quality > The nature, All samples were shipped to the SGS
of quality and laboratory in Lakefield, Ontario.
assay appropriateness of
data the assaying and
and laboratory The preparation code was CRU21
laborat procedures used (crush to 75% of sample <2mm) and
ory and whether the PUL45 (pulverize 250g to 85% <75
tests technique is microns).
considered partial
or The analyses code was GE ICP91A,
total. which uses a peroxide fusion with
an ICP finish, and has lower and
> For geophysical upper detection limits of 0.001
tools, and 50,000 (5%) ppm respectively.
spectrometers,
handheld XRF
instruments, etc., Rock chip samples and selected
the parameters drill
used in core
determining the samples were analyzed using ICM40B
analysis including (multi-acid digestion with either
instrument make an ICP-ES or ICP-MS finish), which
and model, reading has a range for Li of 1 to 10,000
times, (1%) ppm Li and samples >5,000ppm
calibrations were run using GE ICP90A.
factors applied
and their
derivation, Accuracy monitoring was achieved
etc. through submission and monitoring
of certified reference materials
> Nature of quality (CRMs).
control procedures
adopted (e.g.
standards, blanks, Sample numbering and the inclusion
duplicates, of CRMs was the responsibility of
external the project geologist submitting
laboratory checks) the samples. A CRM or coarse blank
and whether was included at the rate of one
acceptable levels for every 20 drill core samples
of accuracy (i.e. (i.e. 5%).
lack of bias) and
precision have
been The CRMs used for this program were
established. supplied by
Geostats Pty Ltd of Perth, Western
Australia. Details of the CRMs
are provided below. A sequence of
these CRMs covering a range
in Li values and, including blanks,
were submitted to the laboratory
along with all dispatched samples
so as to ensure each run of 100
samples contains the full range of
control materials. The CRMs were
submitted as blind control
samples not identifiable by the
laboratory.
Details of CRMs used in the drill
program (all values
ppm):
CRM ManufacturerLithi1
um Std
Dev
GTA-04 Geostats 9275 213
GTA-08 Geostats 1102 50
GTA-09 Geostats 4837 174
Sampling precision was monitored by
selecting a sample interval likely
to be mineralized and splitting
the sample into two ¼ core
duplicate samples over the same
sample interval. These samples
were consecutively numbered after
the primary sample and recorded in
the sample database as field
duplicates and the primary sample
number recorded. Field duplicates
were collected at the rate of 1 in
20 samples when sampling
mineralized drill core intervals.
Random sampling precision was
monitored by splitting samples at
the sample crushing stage (coarse
crush duplicate) and at the final
sub-sampling stage for analysis
(pulp duplicates). The coarse,
jaw-crushed, reject material was
split into two preparation
duplicates, sometimes referred to
as second cuts, crusher or
preparation duplicates, which were
then pulverized and
analyzed separately. These
duplicate samples were selected
randomly by the laboratory.
Analytical precision was also
monitored using pulp duplicates,
sometimes referred to as
replicates or repeats. Data from
all three types of duplicate
analyses was used to constrain
sampling variance at different
stages of the sampling and
preparation
process.
Examination of the QA/QC sample
data indicates satisfactory
performance of field sampling
protocols and assay laboratories
providing acceptable levels of
precision and
accuracy.
Verifica> The verification Multiple representatives of
tion of of significant Piedmont Lithium, Inc. have
samplin intersections by inspected and verified the
g and either independent results.
assayin or alternative
g company CSA has conducted multiple site
personnel. visits. Dennis Arne (Managing
Director -Principal Consultant)
> The use of toured the site, facilities and
twinned reviewed core logging and sampling
holes. workflow as well as Leon McGarry
(Senior Resource Geologist). Each
> Documentation of provided comments on how to
primary data, data improve our methods and have been
entry procedures, addressed. Verification core
data verification, samples were collected by Leon
data storage McGarry.
(physical and
electronic) No holes were twinned.
protocols. Three-meter rods and core barrels
were used. Li% was converted to
> Discuss any Li2O by multiplying Li% by
adjustment to 2.153.
assay
data.
Location> Accuracy and Drill collars were located with the
of quality of surveys Trimble Geo 7 which resulted in
data used to locate accuracies
points drill holes <1m.
(collar and
down-hole Rock chip samples were located with
surveys), hand held GPS units, accuracies
trenches, mine +/- 4m.
workings and other
locations used in Nad83 zone17 coordinates were
Mineral Resource captured in the field in which
estimation. they are
reported.
> Specification of
the grid system All drill hole collar coordinates
used. were collected in State Plane and
re-projected to Nad83 zone17 in
> Quality and which they are
adequacy of reported.
topographic
control. Drill hole surveying was performed
on each hole using a REFLEX
EZ-Trac multi-shot instrument.
Readings were taken approx. every
15 meters and recorded depth,
azimuth, and
inclination.
Data > Data spacing for For selected areas, the drill
spacing reporting of spacing is approximately 40 to 80
and Exploration m along strike and down dip. This
distrib Results. spacing is sufficient to establish
ution continuity in geology and grade
> Whether the data for this pegmatite
spacing and system.
distribution is
sufficient to Composite samples are reported in
establish the Li2O%, this is calculated by
degree of multiplying drill length by
geological and Li
grade continuity 2O for each sample; then the
appropriate for weighted averages for multiple
the Mineral samples are
Resource and Ore
Reserve estimation totaled and divided by the total
procedure(s) and drill length for the selected
classifications samples
applied.
All results reported for rock chip
> Whether sample samples are from surface outcrop,
compositing has sub-crop and float blocks. The
been reported samples are considered as
applied. grab samples and do not represent
a continuous sample over any width
or length of the mineralized
system.
Orientat> Whether the The drill holes were designed and
ion of orientation of oriented with inclinations ranging
data sampling achieves from
in unbiased sampling -
relatio of possible 52.4 to -85.8 degrees, to best
n to structures and the intersect the pegmatite bodies as
geologi extent to which close to perpendicularly as
cal this is known, possible.
structu considering the
re deposit
type. Assay results in Appendix 1 are
drill lengths and not true
> If the thicknesses.
relationship
between the
drilling All results reported for rock chip
orientation and samples are from surface outcrop,
the orientation of sub-crop and float blocks. The
key reported samples are considered as
grab samples and do not represent
mineralised structur a continuous sample over any width
es is considered to or length of the mineralized
have introduced a system.
sampling bias,
this should be
assessed and
reported if
material.
Sample > The measures Drill core samples and rock chip sam
securit taken to ensure ples
y sample were
security. shipped directly from the core
shack by the project geologist in
sealed rice bags or similar
containers using a reputable
transport company with shipment
tracking capability so that a
chain of custody can be
maintained. Each bag was sealed
with a security strap with a
unique security number. The
containers were locked in a shed
if they were stored overnight at
any point during transit,
including at the drill site prior
to shipping. The laboratory
confirmed the integrity of the
rice bag seals upon
receipt
Audits > The results of CSA Global developed a Standard
or any audits or Operating Procedures manual in
reviews reviews of preparation for the drilling
sampling program. CSA global reviews all
techniques and logging and assay data, as well as
data. merges all data in to database
that is held off
site.
CSA has conducted multiple site
visits. Dennis Arne (Managing
Director -Principal Consultant)
toured the site and facilities as
well as Leon McGarry (Senior
Resource Geologist). Each provided
comments on how to improve our
methods and have been addressed.
Verification core samples were
collected by Leon
McGarry.
Section 2 Reporting of Exploration Results
CriteriJORC Code Commentary
a explanation
Mineral> Type, reference Piedmont, through its 100% owned
teneme name/number, subsidiary, Piedmont Lithium,
nt and location and Inc., has entered into exclusive
land ownership option agreements with local
tenure including landowners, which upon exercise,
status agreements or allows the Company to purchase
material issues (or long term lease)
with third parties approximately
such as joint
ventures, 2,105 acres of surface property
partnerships, and the associated mineral rights
overriding from the local landowners.
royalties, native
title interests,
historical sites, There are no known historical
wilderness or sites, wilderness or national
national park and parks located within the Project
environmental area and there are no known
settings. impediments to obtaining a
> The security of license to operate in this area.
the tenure held at
the time of
reporting along
with any known
impediments to
obtaining a
licence to operate
in the
area.
Explora> Acknowledgment The Project is focused over an
tion and appraisal of area that has been explored for
done exploration by lithium dating back to the 1950s
by other where it was originally explored
other parties. by Lithium Corporation of America
partie which was subsequently acquired
s by FMC Corporation. Most
recently, North Arrow explored
the Project in 2009 and 2010.
North Arrow conducted surface
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Datum: 28.01.2020 - 04:43 Uhr
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"
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