{"id":382582,"date":"2020-11-17T06:03:16","date_gmt":"2020-11-17T11:03:16","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=382582"},"modified":"2020-11-17T06:03:16","modified_gmt":"2020-11-17T11:03:16","slug":"piedmont-lithium-expands-drill-program","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/piedmont-lithium-expands-drill-program\/","title":{"rendered":"Piedmont Lithium Expands Drill Program"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Piedmont Lithium Expands Drill Program<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li><b>Current drill program expanded by 25,000 meters with three new drill rigs added for a total of five rigs<\/b><\/li>\n<li><b>Drilling to expand Mineral Resources is proceeding positively and resource updates are expected in Q1 2021<\/b><\/li>\n<li><b>Infill drilling will target upgrading the Company\u2019s Mineral Resources on the Core property from Inferred to Indicated classification in advance of a Definitive Feasibility Study<\/b><\/li>\n<\/ul>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<b>Piedmont Lithium Limited<\/b> (<b>\u201cPiedmont\u201d or \u201cCompany\u201d<\/b>) is pleased to announce it has expanded the current drilling campaign by an additional 25,000 meters, with three additional rigs arriving in the field over the coming weeks. The expanded drill program is designed to complete infill drilling on the Core Property with the objective of upgrading the Mineral Resource classification category for select areas from the Inferred category to the Measured and Indicated categories.\n<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20201117005343\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201117005343\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 452px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201117005343\/en\/839282\/4\/Picture1.jpg\" alt=\"Piedmont Lithium Project Property Map Showing Mineral Resources, Exploration Targets and Proposed Drillholes (Graphic: Business Wire)\" \/><\/p>\n<p style=\"font-size:85%\">Piedmont Lithium Project Property Map Showing Mineral Resources, Exploration Targets and Proposed Drillholes (Graphic: Business Wire)<\/p>\n<\/div>\n<p>\nThe Company plans to publish a Mineral Resource estimate update for the Core Property in Q2 2021 in support of reporting Ore Reserves and completion of a Definitive Feasibility Study in mid-2021.\n<\/p>\n<p>\nThe expanded drill program will also continue to explore the numerous spodumene pegmatites which have been discovered on the Company\u2019s properties over the past several months. Assays are pending for several of these new discoveries.\n<\/p>\n<p>\nThe Company also plans an update to the Mineral Resource estimate of the Central Property in early-2021 based on the results of exploration drilling on the property completed in September 2020.\n<\/p>\n<p>\nPiedmont expects to complete the expanded drill program in late spring 2021 but acknowledges that the schedule may be impacted by the ongoing COVID-19 pandemic. Field operations at the Piedmont Lithium Project continue under COVID-19 safety protocols, using guidelines and orders established by the State of North Carolina.\n<\/p>\n<p>\nKeith D. Phillips, President and Chief Executive Officer, commented: \u201c<i>We are excited to be aggressively expanding our drill program with five drill rigs soon to be in the field. Our dual objectives are to upgrade the current Inferred Resources within the Core Property to support our upcoming DFS, while also growing the overall scale of our mineral resource tonnage. The Carolina Tin-Spodumene Belt is one of the world\u2019s most prolific lithium belts and we are hopeful that we will ultimately delineate North America\u2019s largest spodumene resource, ideally located in North Carolina to power North America\u2019s clean energy storage and EV revolution.<\/i>\u201d\n<\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fir.piedmontlithium.com%2Fasx-announcements&amp;esheet=52327859&amp;newsitemid=20201117005343&amp;lan=en-US&amp;anchor=Click+here+to+view+the+full+ASX+Announcement.&amp;index=1&amp;md5=bf360cb7b0729cd27d71581df72b89d5\">Click here to view the full ASX Announcement.<\/a><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201117005343r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201117005343\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201117005343\/en\/<\/a><\/span><\/p>\n<p><b>Keith Phillips<br \/>\n<\/b><br \/>President &amp; CEO<br \/>\n<br \/>+1 973 809 0505<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:kphillips@piedmontlithium.com\">kphillips@piedmontlithium.com<\/a><\/p>\n<p><b>Tim McKenna<br \/>\n<\/b><br \/>Investor and Government Relations<br \/>\n<br \/>+1 732 331 6457<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:tmckenna@piedmontlithium.com\">tmckenna@piedmontlithium.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> North Carolina New York Ireland Australia\/Oceania United States United Kingdom North America Australia Europe<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Mining\/Minerals Natural Resources<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201117005343\/en\/709123\/3\/logo2.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201117005343\/en\/839282\/3\/Picture1.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Piedmont Lithium Project Property Map Showing Mineral Resources, Exploration Targets and Proposed Drillholes (Graphic: Business Wire)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Piedmont Lithium Expands Drill Program Current drill program expanded by 25,000 meters with three new drill rigs added for a total of five rigs Drilling to expand Mineral Resources is proceeding positively and resource updates are expected in Q1 2021 Infill drilling will target upgrading the Company\u2019s Mineral Resources on the Core property from Inferred to Indicated classification in advance of a Definitive Feasibility Study NEW YORK&#8211;(BUSINESS WIRE)&#8211;Piedmont Lithium Limited (\u201cPiedmont\u201d or \u201cCompany\u201d) is pleased to announce it has expanded the current drilling campaign by an additional 25,000 meters, with three additional rigs arriving in the field over the coming weeks. The expanded drill program is designed to complete infill drilling on the Core Property with the objective of upgrading &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/piedmont-lithium-expands-drill-program\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Piedmont Lithium Expands Drill Program&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-382582","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Piedmont Lithium Expands Drill Program - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/piedmont-lithium-expands-drill-program\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Piedmont Lithium Expands Drill Program - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Piedmont Lithium Expands Drill Program Current drill program expanded by 25,000 meters with three new drill rigs added for a total of five rigs Drilling to expand Mineral Resources is proceeding positively and resource updates are expected in Q1 2021 Infill drilling will target upgrading the Company\u2019s Mineral Resources on the Core property from Inferred to Indicated classification in advance of a Definitive Feasibility Study NEW YORK&#8211;(BUSINESS WIRE)&#8211;Piedmont Lithium Limited (\u201cPiedmont\u201d or \u201cCompany\u201d) is pleased to announce it has expanded the current drilling campaign by an additional 25,000 meters, with three additional rigs arriving in the field over the coming weeks. 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