***1.16% Lithium = 11.6g/t Gold** – Essential Metals takeover analysis
Welcome to today’s episode of Channel Mine News, the go-to “in your ears” Mining news source for all the multi-taskers out there.
In today’s episode of Channel Mine News, Matty gives an overview of the IGO/Tianqi takeover offer for Essential Metals (ESS).
ESS’s flagship asset is the Pioneer Dome Lithium project 130km South of Kalgoorlie, hosting a Mineral Resource of 11.2Mt at 1.16% Li2O and 57ppm Ta2O5
Matty conducts some conversion calculations to highlight what a 1.16% Lithium grade converts to in Gold terms (taking into account metallurgical recoveries).
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***DISCLAIMER***
All Channel Mine News episodes are for information only and may contain forward looking statements that may not eventuate. Please do your own research before making any investment decision or alternatively seek advice from a registered financial professional.
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