The Company intends to release a maiden Mineral Resource estimate on the Core property in accordance with the JORC Code in the coming weeks.
For the Phase 3 program, the Company has completed 124 holes totalling 21,360 meters on its core property. Fifteen remaining holes from the Phase 3 campaign have assays pending.
Operational efficiencies during the Phase 3 drilling budget allowed the Company to exceed the planned meterage of 20,000 meters by 1,360 meters and will allow for initial drilling on the Sunnyside and Central properties.
The necessary state permits have been received and drilling is underway at the Sunnyside Property with one hole completed. Results of drilling in these exploratory areas will be released in the coming weeks.
Piedmont Lithium president and CEO Keith D. Phillips said: “Drilling on the core property is now complete and we look forward to issuing our maiden Mineral Resource estimate in the near future, accompanied by a revised exploration target.
“Additionally, we are excited about the exploration drilling that has commenced at Sunnyside and hopeful that we will identify significant resource upside on that property.”
Source: Company Press Release.
