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Has GreenTech Metals Struck Lithium Gold at Osborne with their Maiden Diamond Drill Success? — ASX:GRE| ASX Mining News & Discussion
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Lykeshares
2y
Official
$GRE
Has GreenTech Metals Struck Lithium Gold at Osborne with their Maiden Diamond Drill Success?
GreenTech Metals Unveils Maiden Diamond Drill Success at Osborne JV: Lithium Prospects Shine
GreenTech Metals Ltd (ASX: GRE) has embarked on a groundbreaking journey, showcasing the maiden success of its diamond drilling program at the Osborne Joint Venture tenement (E47/3719), a collaborative effort shared with Artemis Resources Ltd (ASX: ARV) at a ratio of 51% GRE to 49% ARV. The initial drill hole, penetrating to a depth of 810.2 meters, marks a significant milestone in unveiling potential lithium-rich pegmatites.
Revealing Pegmatite Potentials: Osborne JV Lithium Pegmatites
The Osborne Joint Venture, strategically located eastward, adjoining the Company's Ruth Well Project, serves as the nucleus for GreenTech's lithium pegmatite explorations. The latest diamond drilling endeavor delved into the Osborne and Kobe pegmatite trends, unearthing intersections of substantial pegmatite zones up to 24.6 meters thick. These discoveries, positioned approximately 550 meters down dip from Osborne lithium pegmatite surface outcrops, lay the foundation for future detailed explorations.
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the Path for Strategic Drilling Expansion
The completion of an initial heritage survey has granted GreenTech the access necessary to further explore the Osborne and Kobe pegmatite zones. With a meticulous plan in place, the Company remains steadfast in its commitment to conduct a comprehensive exploration through additional diamond drill holes. These future drillings aim to unravel vital stratigraphic and structural insights, essential for the formulation of an extensive drill program slated for the upcoming year.
Envisioning Lithium Prosperity: Management's Vision
Executive Director Thomas Reddicliffe voiced enthusiasm, remarking on the positive strides achieved through the ongoing drilling initiatives. The initial core observations, combined with surface rock chip Li2O grades and the expansive scope of the Kobe and Osborne zones, augur well for GreenTech's ambitions in the lithium domain. Reddicliffe underscored the Company's unwavering dedication to the current exploratory program and the imminent detailed drilling pursuits, slated to commence following a meticulous analysis of the ongoing program's results.
GreenTech Metals Ltd's foray into lithium exploration at the Osborne JV echoes a promising narrative of burgeoning prospects. With each diamond-drilled depth, the Company edges closer to unlocking the untapped potential of lithium-rich pegmatites, reinforcing its stature as a key player in the pursuit of green energy resources.
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133d
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Berkshire is hoarding so. much. cash.
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Lykeshares
133d
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Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.
There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can
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rush, it’s a complex, slow-moving process that takes years of precision and experience.
Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares
164d
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Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares
1y
Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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Lykeshares
1y
Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares
1y
Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
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Lykeshares
1y
Official
$ASN
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
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