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Reed Hikes WA Lithium Project’s Resource by 38%

Investing News Network
Jul. 22, 2011 01:57PM PST
Battery Metals Investing

Mining Weekly reports that Reed Resources (ASX:RDR) announced a 38% increase in the mineral resource estimate at the Mount Marion lithium project, in Western Australia.

Reed Resources (ASX:RDR) announced a 38% increase in the mineral resource estimate at the Mount Marion lithium project, in Western Australia.

The press release is quoted as saying:

Lithium (Li2O), iron oxide (Fe2O5) and potassium oxide (K2O) were all estimated by ordinary block kriging. The Mineral Resource has been reported and classified in accordance with the 2004 JORC guidelines and code.

Click here to access the entire press release

western-australia australia asx-rdr
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