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Why is Reach Resources' Phase 2 drilling considered a game-changer for Morrissey Hill's lithium potential? — ASX:RR1| ASX Mining News & Discussion
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Lykeshares Official
$RR1 Why is Reach Resources' Phase 2 drilling considered a game-changer for Morrissey Hill's lithium potential?
Reach Resources Limited (ASX: RR1 & RR1O), a company committed to exploring and developing valuable mineral resources, has recently shared a remarkable update regarding its Phase 2 drilling program at the Morrissey Hill Lithium Project in Yinnetharra, Western Australia. The latest results from this drilling campaign have unveiled the presence of multiple thick, stacked pegmatites within the project area, significantly expanding the project's lithium potential.

Elevating Lithium Potential

Phase 2 drilling at Morrissey Hill has proven to be a game-changer, as it has substantially increased the scale of lithium potential within the project. The drilling results confirm the existence of multiple stacked pegmatites within a previously unrecognized package of the Leake Springs Metamorphics, specifically at Morrissey Hill South. This discovery is particularly significant, as the Leake Springs Metamorphics sequence hosts Delta Lithium's (ASX: DLI) Malinda and Jamieson Lithium Projects, located immediately east and west of Morrissey Hill, respectively.

Expanding Geological Knowledge

Previously, it was ...
Why is Reach Resources' Phase 2 drilling considered a game-changer for Morrissey Hill's lithium potential?

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Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
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Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?