Piedmont Lithium announces 47% increase in Piedmont mineral resource estimate
Piedmont Lithium announced a major update to the Mineral Resource estimate for the Company's wholly-owned Piedmont Lithium Project located within the world-class Carolina Tin-Spodumene Belt, or TSB, in North Carolina, USA. The Mineral Resource for the Core property has increased to 25.1M tonnes, or Mt, at a grade of 1.09% Li2O, bringing the Project's total Mineral Resources to 27.9 Mt at a grade of 1.11% Li2O, containing 309,000 tonnes of lithium oxide, or Li2O, or 764,000 tonnes of lithium carbonate equivalent, or LCE, Importantly, 74% of the Core Mineral Resource is within 100m of surface and 97% is within 150m of surface. Approximately 50%; or 12.5Mt of the Mineral Resource is classified in the Indicated Resource category. All of the Mineral Resource tonnes at both Core and Central properties are attributable to spodumene mineralization.