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ASX:LLIASX Announcement | 29 September 2023Sediment Hosted Lithium Exploration Target Defined at the Scotty Lithium Project, Nevada, USA. Highlights: Robust independent Exploration Target determined
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How to fill out exploration target defined at

01
Identify the area of interest for exploration.
02
Gather relevant geological and historical data.
03
Define the target mineral or resource type.
04
Set specific criteria for the exploration target, including size, grade, and depth.
05
Consult with stakeholders and experts to refine the target.
06
Document the exploration target details in a clear and structured format.

Who needs exploration target defined at?

01
Mining companies looking for potential resource deposits.
02
Geologists and exploration teams conducting assessments.
03
Investors interested in understanding potential returns.
04
Regulatory bodies requiring compliance with exploration standards.
05
Environmental agencies working on land use assessments.
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An exploration target is defined as a specific area selected for geological investigation with the aim of discovering mineral resources, prioritized based on geological and geophysical data.
Companies engaged in exploration activities, particularly those listed on stock exchanges or involved in mining operations, are required to file an exploration target.
To fill out the exploration target, companies must provide clear details including the geological context, the estimated quantity and grade of the resource, and the potential for future exploration.
The purpose of defining an exploration target is to provide transparency to stakeholders about the potential mineral resources and to guide investment and development decisions.
The report must include the location, estimated size, geological characteristics, historical data, and the methodologies used in the assessment of the exploration target.
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Relevant keywords

Loyal Lithium Scotty Lithium Project Exploration Target Lithium deposit Nevada lithium Drilling results Geological interpretation Mineral resource estimate Sedimentary basin JORC Code

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