{"id":473419,"date":"2021-04-08T06:03:28","date_gmt":"2021-04-08T10:03:28","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=473419"},"modified":"2021-04-08T06:03:28","modified_gmt":"2021-04-08T10:03:28","slug":"piedmont-increases-lithium-resources-by-40","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/piedmont-increases-lithium-resources-by-40\/","title":{"rendered":"Piedmont Increases Lithium Resources By 40%"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwblockalignc { margin-left: auto; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwleftsingle { border-left: solid black 1pt }\n.bwlistdisc { list-style-type: disc }\n.bwpadl0 { padding-left: 0px }\n.bwpadr0 { padding-right: 0px }\n.bwrightsingle { border-right: solid black 1pt }\n.bwrowaltcolor0 { background-color: #cceeff }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwtopsingle { border-top: solid black 1pt }\n.bwvertalignb { vertical-align: bottom }\n.bwvertalignm { vertical-align: middle }\n.bwvertalignt { vertical-align: top }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 Increases Lithium Resources By 40%<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li><b>Piedmont Lithium Project\u2019s Global Mineral Resources increased to 39.2 Mt @ 1.09% Li<sub>2<\/sub>O<\/b><\/li>\n<li><b>Exploration and infill drilling continues with five rigs operating on the Core property<\/b><\/li>\n<li><b>The updated resource base will underpin the Scoping Study update targeted for May 2021<\/b><\/li>\n<li><b>A further resource update will precede the DFS scheduled for September 2021 release<\/b><\/li>\n<\/ul>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<b>Piedmont Lithium Limited (\u201cPiedmont\u201d or the \u201cCompany\u201d) (Nasdaq:PLL; ASX:PLL) <\/b>is pleased to announce an updated Global Mineral Resource estimate (\u201cMRE\u201d) (Table 1) for the Company\u2019s flagship Piedmont Lithium Project in North Carolina, USA which includes updated Mineral Resource estimates from the Core and Central properties and an initial Mineral Resource estimate from the Huffstetler property (Table 2). The total MRE for the project is 39.2 Mt at 1.09% Li<sub>2<\/sub>O (Figure 1), with 55% of the MRE currently classified in the Indicated category. The Mineral Resource estimate is reported in accordance with JORC Code (2012 Edition).\n<\/p>\n<table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignc\">\n<tr>\n<td colspan=\"5\" class=\"bwvertalignt bwrightsingle bwrowaltcolor0 bwpadl0 bwleftsingle bwtopsingle bwsinglebottom\" rowspan=\"1\">\n<p class=\"bwcellpmargin\"><b>Table 1: Piedmont Lithium Global Mineral Resources Estimate (MRE)<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwrowaltcolor0 bwpadl0 bwleftsingle bwvertalignm bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\"><b>Resource Category<\/b><\/p>\n<\/td>\n<td class=\"bwrowaltcolor0 bwpadl0 bwvertalignm bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\"><b>Tonnes<br \/>\n<br \/><\/b><b>(Mt)<\/b><\/p>\n<\/td>\n<td class=\"bwrowaltcolor0 bwpadl0 bwvertalignm bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\"><b>Grade<br \/>\n<br \/><\/b><b>(Li<sub>2<\/sub>O%)<\/b><\/p>\n<\/td>\n<td class=\"bwrowaltcolor0 bwpadl0 bwvertalignm bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\"><b>Li<sub>2<\/sub>O<br \/>\n<br \/><\/b><b>(t)<\/b><\/p>\n<\/td>\n<td class=\"bwrightsingle bwrowaltcolor0 bwpadl0 bwvertalignm bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\"><b>LCE<br \/>\n<br \/><\/b><b>(t)<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwsinglebottom bwpadl0 bwleftsingle\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nIndicated\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrowaltcolor0 bwpadl0 bwpadr0 bwvertalignb bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n21.6\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrowaltcolor0 bwpadl0 bwpadr0 bwvertalignb bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n1.12\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrowaltcolor0 bwpadl0 bwpadr0 bwvertalignb bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n241,000\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwrowaltcolor0 bwpadl0 bwpadr0 bwvertalignb bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n597,000\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwsinglebottom bwpadl0 bwleftsingle\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nInferred\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrowaltcolor0 bwpadl0 bwpadr0 bwvertalignb bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n17.6\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrowaltcolor0 bwpadl0 bwpadr0 bwvertalignb bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n1.03\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrowaltcolor0 bwpadl0 bwpadr0 bwvertalignb bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n181,000\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwrowaltcolor0 bwpadl0 bwpadr0 bwvertalignb bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n449,000\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwsinglebottom bwpadl0 bwleftsingle\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\"><b>Total<\/b><\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrowaltcolor0 bwpadl0 bwpadr0 bwvertalignb bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\"><b>39.2<\/b><\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrowaltcolor0 bwpadl0 bwpadr0 bwvertalignb bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\"><b>1.09<\/b><\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrowaltcolor0 bwpadl0 bwpadr0 bwvertalignb bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\"><b>422,000<\/b><\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwrowaltcolor0 bwpadl0 bwpadr0 bwvertalignb bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\"><b>1,046,000<\/b><\/p>\n<\/td>\n<\/tr>\n<\/table>\n<p>\nKeith D. Phillips, President and Chief Executive Officer, commented: <i>\u201cIncreasing the scale of our North Carolina mineral resource to 39.2 Mt at 1.09% Li<sub>2<\/sub>O establishes our asset as one of the largest spodumene resources in North America \u2013 and the only one in the United States. The expanded resource offers the potential for increased annual lithium production, something we will evaluate as we prepare our updated Scoping Study for release next month. All this is coming together at an ideal time, as the public and private sectors dramatically increase their investment in the electrification of America. Given the scope and strategic location of our Piedmont Lithium Project, we believe we are ideally positioned to play a critical role in helping the United States build a clean energy economy and a U.S. based EV supply chain.\u201d<\/i><\/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=52408295&amp;newsitemid=20210408005119&amp;lan=en-US&amp;anchor=To+view+the+complete+ASX+Release%2C+click+here.&amp;index=1&amp;md5=06d75e0cb9f9a241a985031f3668dc0a\">To view the complete ASX Release, click here.<\/a><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210408005119r1&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\/20210408005119\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210408005119\/en\/<\/a><\/span><\/p>\n<p><b>Keith D. Phillips<br \/>\n<\/b><br \/>President &amp; CEO<br \/>\n<br \/>T: +1 973 809 0505<br \/>\n<br \/>E: <a rel=\"nofollow\" href=\"mailto:kphillips@piedmontlithium.com\">kphillips@piedmontlithium.com<br \/>\n<\/a><\/p>\n<p><b>Brian Risinger<br \/>\n<\/b><br \/>Vice President \u2013 Corporate Communications<br \/>\n<br \/>T: +1 704 910 9688<br \/>\n<br \/>E: <a rel=\"nofollow\" href=\"mailto:brisinger@piedmontlithium.com\">brisinger@piedmontlithium.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> North Carolina New York United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Automotive General Automotive Chemicals\/Plastics Manufacturing Alternative Energy Energy Other Natural Resources 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\/20210408005119\/en\/709123\/3\/logo2.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Piedmont Increases Lithium Resources By 40% Piedmont Lithium Project\u2019s Global Mineral Resources increased to 39.2 Mt @ 1.09% Li2O Exploration and infill drilling continues with five rigs operating on the Core property The updated resource base will underpin the Scoping Study update targeted for May 2021 A further resource update will precede the DFS scheduled for September 2021 release NEW YORK&#8211;(BUSINESS WIRE)&#8211;Piedmont Lithium Limited (\u201cPiedmont\u201d or the \u201cCompany\u201d) (Nasdaq:PLL; ASX:PLL) is pleased to announce an updated Global Mineral Resource estimate (\u201cMRE\u201d) (Table 1) for the Company\u2019s flagship Piedmont Lithium Project in North Carolina, USA which includes updated Mineral Resource estimates from the Core and Central properties and an initial Mineral Resource estimate from the Huffstetler property (Table 2). The total &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/piedmont-increases-lithium-resources-by-40\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Piedmont Increases Lithium Resources By 40%&#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-473419","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 Increases Lithium Resources By 40% - 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-increases-lithium-resources-by-40\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Piedmont Increases Lithium Resources By 40% - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Piedmont Increases Lithium Resources By 40% Piedmont Lithium Project\u2019s Global Mineral Resources increased to 39.2 Mt @ 1.09% Li2O Exploration and infill drilling continues with five rigs operating on the Core property The updated resource base will underpin the Scoping Study update targeted for May 2021 A further resource update will precede the DFS scheduled for September 2021 release NEW YORK&#8211;(BUSINESS WIRE)&#8211;Piedmont Lithium Limited (\u201cPiedmont\u201d or the \u201cCompany\u201d) (Nasdaq:PLL; ASX:PLL) is pleased to announce an updated Global Mineral Resource estimate (\u201cMRE\u201d) (Table 1) for the Company\u2019s flagship Piedmont Lithium Project in North Carolina, USA which includes updated Mineral Resource estimates from the Core and Central properties and an initial Mineral Resource estimate from the Huffstetler property (Table 2). 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/piedmont-increases-lithium-resources-by-40\/","og_locale":"en_US","og_type":"article","og_title":"Piedmont Increases Lithium Resources By 40% - Market Newsdesk","og_description":"Piedmont Increases Lithium Resources By 40% Piedmont Lithium Project\u2019s Global Mineral Resources increased to 39.2 Mt @ 1.09% Li2O Exploration and infill drilling continues with five rigs operating on the Core property The updated resource base will underpin the Scoping Study update targeted for May 2021 A further resource update will precede the DFS scheduled for September 2021 release NEW YORK&#8211;(BUSINESS WIRE)&#8211;Piedmont Lithium Limited (\u201cPiedmont\u201d or the \u201cCompany\u201d) (Nasdaq:PLL; ASX:PLL) is pleased to announce an updated Global Mineral Resource estimate (\u201cMRE\u201d) (Table 1) for the Company\u2019s flagship Piedmont Lithium Project in North Carolina, USA which includes updated Mineral Resource estimates from the Core and Central properties and an initial Mineral Resource estimate from the Huffstetler property (Table 2). The total &hellip; Continue reading \"Piedmont Increases Lithium Resources By 40%\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/piedmont-increases-lithium-resources-by-40\/","og_site_name":"Market Newsdesk","article_published_time":"2021-04-08T10:03:28+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210408005119r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/piedmont-increases-lithium-resources-by-40\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/piedmont-increases-lithium-resources-by-40\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Piedmont Increases Lithium Resources By 40%","datePublished":"2021-04-08T10:03:28+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/piedmont-increases-lithium-resources-by-40\/"},"wordCount":385,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/piedmont-increases-lithium-resources-by-40\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210408005119r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/piedmont-increases-lithium-resources-by-40\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/piedmont-increases-lithium-resources-by-40\/","name":"Piedmont Increases Lithium Resources By 40% - 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