Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Even at 400% more than expected when the price was at 5.65 then you would think this must be a minimum of 22p. Good luck to all that are in.
Read this summary for anyone wanting to see where this goes.
This is a HUGE Lithium find...sp should be way, way higher.
I told you...it's be pumped and dumped.
Everyone trying to buy and getting naff all quotes. Try it if you don't believe me.
Well summed up brother. Massive news. Same as HE1 when it dropped but took 3 hours to get started.
Fantastic day so far . . . . 100%+ inbound ???
Agree! Be smart and move your profits very soon.
Too many traders are promoting this stock on other LSE boards. This indicates their desire for quick profits.
Be careful here and make sure to do your own research.
RNS Number : 8278D
Zinnwald Lithium PLC
21 February 2024
Zinnwald Lithium plc / EPIC: ZNWD.L / Market: AIM / Sector: Mining
21 February 2024
Zinnwald Lithium plc ("Zinnwald Lithium" or the "Company")
445% Increase in Mineral Resource Estimate
Zinnwald Lithium Project established as the second largest hard rock lithium project in the EU
Zinnwald Lithium plc, the European focused lithium company, is pleased to announce the publication of an updated independent Mineral Resource Estimate ("MRE") for its 100% owned Zinnwald lithium project ("Zinnwald" or the "Project") located in Saxony, eastern Germany.
The 2024 MRE update incorporates 26,911 metres of new diamond core drilling across 84 drill holes and a reinterpreted and updated geological model since the previous MRE which was released in September 2018.
In addition to the high-grade greisen mineralisation, focus of the recent 2022/2023 drilling was the lithium mineralisation hosted by the broader zone of altered albite granite, which includes internal lenses of higher-grade greisen. The inclusion of this mineralised zone allows for a higher production rate and a potential optimisation of overall project economics.
2024 Resource Highlights:
· A 445 % increase in tonnes and a 243% increase in contained lithium ("Li") in the Measured and Indicated category versus the previous 2018 MRE.
· Total contained Li of 429kt compared with the 2018 MRE of 125kt in the Measured and Indicated category.
· 11.3 Mt grading 3,420ppm Li (0.736% Li2O) in the Measured category.
· 193.5 Mt grading 2,220ppm Li (0.478% Li2O) in the Measured and Indicated category.
· 33.3 Mt grading 2,140 ppm Li (0.461% Li2O) in the Inferred category.
· Increase in overall tonnage predominantly due to the incorporation of a broad zone of mineralised granite, as well as contribution of an extra 26,911 metres of new drilling over 84 holes.
· Measured classification only applied to the external greisen domains due to a higher metallurgical confidence; Snowden Optiro recommends further metallurgical variability testwork in the broad mineralisation zone domain to further increase confidence.
· Demonstrated dimensions of the mineralised zone (true thickness c. 80 metres) and continuity of ore supports highly efficient mining methods with minimal waste rock production.
· Mineral Resources reported using a 1,100ppm Li cutoff grade and a stope optimisation to constrain an RPEEE Resource.
Zinnwald Lithium CEO, Anton du Plessis, commented: "We are delighted to be able to announce a substantial increase of our Mineral Resource at the Zinnwald Project with a 3.4x increase in contained lithium in the Measured and Indicated categories. This establishes the Project as the second largest hard rock lithium project by both resource size and contained lithium in the EU and clearly highlights its scale and strategic importan
Kanners did you join to post today, seriously
It’s 9.58
It's a daily auction from 010:50 to 11.00
Strong rns and Mr Anton seems quite credible by my investigations.
“The second largest hard rock lithium project by both resource size and contained lithium in the EU”.
What a statement!
https://www.proactiveinvestors.co.uk/companies/news/1041420/zinnwald-lithium-soars-after-expanding-saxony-resource-estimate-1041420.html
Gla
5 minutes and still in auction!! ABOUT TO FLY
Openheimer no probs mate... if you want the next multi-bagger like HE1....have a look at GTC... money in the bank
Petroinvestor
I told you many times
whenever you come on my stocks it goes up fast,
you must be my lucky charm.
davey50 stopped posting on my shares as he don't like me making money.
it's about new trading style and Holding for gems
Up 42% on this 7am RNS 445% Increase in Mineral Resource Estimate.
Maybe my weeds will turn into flowers , Sold Silence Therapeutics for $24 last night $4.6 10 months ago.
USA much better to invest .
Just seen in my notes ( D ) only had a tenth of the 17th January buy I missed an 0. TYJ
Patience , Patience only chance in London AIM rigged market.
3 minutes and still in AUCTION
Absolute crazy volume…smart money moving in!
JBER now up to 9.6p
Agree...very hard to buy
I thought I would top up - but shares are not so easy acquired now. Even for small amounts.
Next 30 minutes could be an adjustment as sellers fall away then a another climb..
BACK IN AUCTION AGAIN!