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Piedmont Lithium drill results extend lithium mineralisation further

Assay results for the remaining 17 drill holes are expected by early December.
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Piedmont Lithium Ltd (ASX:PLL) has received assays for a further 26 holes from its phase II drilling program at its Piedmont Lithium Project within the Carolina Tin-Spodumene Belt in the U.S.

Results received continue to confirm high-grade lithium mineralisation along the four kilometres of strike within the project.

Intersections from the latest batch of assay results include 18.04 metres at 1.01% lithium oxide.

Assays have now been received for a total of 76 holes in the 93-hole phase II drill program.

READ: Piedmont Lithium makes use of first mover advantage

Preliminary geological modelling has, thus far, identified 38 pegmatite bodies within the 4+ kilometres of strike.

Notably, the vast majority of the pegmatites are being intersected at depths less than 100 meters from surface.

Assay results for the remaining 17 drill holes are expected to be received over the next few weeks.

Exploration aims to define a shallow, open-pitable lithium deposit

Highlights from the recent batch of assays include 24.38 metres of cumulative thickness across three pegmatites including 18.04 metres at 1.01% lithium oxide.

Similar results included 23.64 metres of cumulative thickness across five pegmatites and 22.82 metres of cumulative thickness across four pegmatites.

READ: Piedmont Lithium drill results confirm resource potential

As a result of the work done to date, Piedmont is confident in defining a shallow, open-pitable deposit within the Piedmont Lithium Project.

Keith Phillips, chief executive, said: “These additional drill results are outstanding and confirm our belief in the Piedmont Lithium Project.

“Our team has discovered a world-class mineral system with over 30 pegmatite bodies over a combined 4+ kilometres of strike length, virtually all within 100 meters of surface.

“We look forward to receiving the remaining Phase 2 assay results over the coming weeks.”

READ: Piedmont Lithium CEO buys shares on-market

Logging, sampling and shipping of all phase II drill core samples has been completed.

All assays from the phase II program should be received by early-December.

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