RE: Castillo Copper: L i t c h f i e l d lithium project, NT, Australia RNS,20.10.2121 Oct 2021 10:31
CCZ got all the Hallmarks of going same way as CXO which rose from 4c to 66c in a year.
CXO current MCap around +$900 million
CCZ current MCap $57 million
"Follow up site visit to the Litchfield Lithium Project in the Northern Territory, arranged by the Vendor Group's geological consultant, highlighted significant pegmatite outcropping along the western boundary.
o This is contiguous to Core Lithium's ("CXO") (ASX: CXO) Finnis Lithium Project1 which has JORC compliant ore reserves (7.4Mt @ 1.3% Li2O)
With satellite imagery2 verifying the geology in the Litchfield Lithium Project (NW quadrant) is comparable to CXO's ground, CCZ is awaiting assay results on 657 surface samples (taken along the NW boundary) to determine the potential for contiguous mineralisation. "