Piedmont Lithium: Phase 3 Drilling Completed with Further High Grade Mineralisation Identified

(firmenpresse) - Piedmont Lithium: Phase 3 Drilling Completed with Further High Grade Mineralisation Identified

- Piedmont has completed its Phase 3 drill program on the Core property and has received assay results from an additional 26 holes, with high grade mineralisation in all holes including:
- 23.3m of cumulative thickness of mineralization (non-continuous) across 5 pegmatites which includes high grade intercepts of 5.2m (at) 1.30% Li2O, 7.5m (at) 1.37% Li2O and 5.2m (at) 1.58% Li2O in Hole 18-BD-189
- 28.5m of cumulative thickness of mineralization (non-continuous) across 4 pegmatites which includes high grade intercepts of 8.4m (at) 1.47% Li2O, 5.2m (at) 1.53 Li2O and 11.4m (at) 1.00% Li2O in Hole 18-BD-220
- 20.4m (at) 1.61% Li2O of continuous mineralization across 1 pegmatite, including a high-grade zone of 11.0m (at) 2.04% Li2O in Hole 18-BD-228
- Maiden Mineral Resource estimate for the Core property to be announced in the coming weeks
- Hole 18-BD-228 is the thickest single pegmatite to date on the property with over 20 meters of continuous high-grade mineralization (20.4m (at) 1.61% Li2O)
- Exploration drilling on the recently-announced Sunnyside property has commenced and results are expected to be made available in the coming weeks


Piedmont Lithium Limited (Piedmont or Company) is pleased to advise that the Company has completed its Phase 3 Drilling Program and has received assay results from another 26 holes from its Core property in the Carolina Tin-Spodumene Belt (TSB) in North Carolina, United States. The Company intends to release a maiden Mineral Resource estimate on the Core property in accordance with the JORC Code in the coming weeks.

For the Phase 3 program, the Company has completed 124 holes totalling 21,360 meters on its core property. Fifteen remaining holes from the Phase 3 campaign have assays pending.

Operational efficiencies during the Phase 3 drilling budget allowed the Company to exceed the planned meterage of 20,000 meters by 1,360 meters and will allow for initial drilling on the Sunnyside and Central properties (see Table below). The necessary state permits have been received and drilling is underway at the Sunnyside Property with one hole completed. Results of drilling in these exploratory areas will be released in the coming weeks.

Keith D. Phillips, President and Chief Executive Officer, said, Drilling on the core property is now complete and we look forward to issuing our maiden Mineral Resource estimate in the near future, accompanied by a revised exploration target. Additionally, we are excited about the exploration drilling that has commenced at Sunnyside and hopeful that we will identify significant resource upside on that property.

Property Infill DrilExploration DDrilling Total
ling rilling Planned Drilling

Completed Completed
Core 15,869 5,491 - 21,360
Sunnyside - 167 733 900
Central - - 600 600
Total 15,869 5,658 1,333 22,860
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Piedmont Lithium Project Drill Location Figure Map

For further information, contact:

Keith D. Phillips
President & CEO
T: +1 973 809 0505
E: kphillips(at)piedmontlithium.com

Anastasios (Taso) Arima
Executive Director
T: +1 347 899 1522
E: tarima(at)piedmontlithium.com

Phase 3 Results and Discussion

The Phase 3 drilling campaign has consisted of infill drilling along the trends defined by the Phase 2 program and exploratory drilling of targets with little or no prior drilling. Of the 26 holes in this release (holes 187, 189, 190 and 209 - 231), twelve are classified as exploratory, whereas the other 14 holes are part of the infill drilling required for the compilation of the maiden Mineral Resource estimate. These results (Appendix 1) are consistent with Phase 2 results and are currently being added to the geological and resource models.

Infill drilling along the eastern portion of the property has confirmed multiple mineralized pegmatite dikes as shown in cross section below.
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Piedmont Lithium Project Long Section
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Piedmont Lithium Project Cross Section

The twelve exploratory holes tested five areas, the most significant being hole 18-BD-228 which was drilled 175 meters southwest of the last known mineralization on the western trend. This hole intercepted a single dike of 20.35 meters (at) 1.61% Li2O. The hole had to be abandoned in mineralization due to technical difficulties. Holes 18-BD-228 and 227 (16.63 meters (at) 0.88% Li2O which included 6.39 meters (at) 1.56% Li2O) potentially extend the western mineralized zone for another 260 meters southwest.

Holes 18-BD-224, 225 and 229 were classified as exploration holes; all three intersected significant mineralization that extends the western zone at depth. See Appendix 1 for significant reported intercepts.

Holes 18-BD-210 and 215 targeted a sub-crop surface showing which had yet to be drilled. Hole 18-BD-210 intersected a significant thickness of highly weathered pegmatite which returned very low values. Subsequently, Hole 18-BD-215 was designed to intersect the dike at an increased depth which yielded 16.13 meters (at) 0.47% Li2O. Although low grade this is significant as a new mineralized dike has been identified which has had no exploration to date.

As of this release, assays have been released (in this release or prior releases) for 109 of the 124 Phase 3 drill holes. The fifteen remaining holes are all classified as exploration holes with assays pending. The majority of outstanding holes are located south western portion of the eastern trend, these holes have the potential of extending the eastern zone for another 300 to 400 meters southwest.

About Piedmont Lithium

Piedmont Lithium Limited (ASX: PLL; Nasdaq: PLLL) holds a 100% interest in the Piedmont Lithium Project (Project) located within the world-class Carolina Tin-Spodumene Belt (TSB) and along trend to the Hallman Beam and Kings Mountain mines, historically providing most of the western worlds lithium between the 1950s and the 1990s. The TSB has been described as one of the largest lithium provinces in the world and is located approximately 25 miles west of Charlotte, North Carolina. It is a premier location to be developing and integrated lithium business based on its favourable geology, proven metallurgy and easy access to infrastructure, power, R&D centres for lithium and battery storage, major high-tech population centres and downstream lithium processing facilities.
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Piedmont Lithium Location and Bessemer City Lithium Processing Plant (FMC, Top Right) and Kings Mountain Lithium Processing Facility (Albemarle, Bottom Right)

The Project was originally explored by Lithium Corporation of America which eventually was acquired by FMC Corporation (FMC). FMC and Albemarle Corporation (Albemarle) both historically mined the lithium bearing spodumene pegmatites within the TSB and developed and continue to operate the two world-class lithium processing facilities in the region which were the first modern spodumene processing facilities in the western world. The Company is in a unique position to leverage its position as a first mover in restarting exploration in this historic lithium producing region with the aim of developing a strategic, U.S. domestic source of lithium to supply the increasing electric vehicle and battery storage markets.

Piedmont, through its 100% owned U.S. subsidiary, Piedmont Lithium Inc., has entered into exclusive option agreements and land acquisition agreements with local landowners, which upon exercise, allow the Company to purchase (or in some cases long-term lease) approximately 1,200 acres of surface property and the associated mineral rights.

Forward Looking Statements

This announcement may include forward-looking statements. These forward-looking statements are based on Piedmonts expectations and beliefs concerning future events. Forward looking statements are necessarily subject to risks, uncertainties and other factors, many of which are outside the control of Piedmont, which could cause actual results to differ materially from such statements. Piedmont makes no undertaking to subsequently update or revise the forward-looking statements made in this announcement, to reflect the circumstances or events after the date of that announcement.

Competent Persons Statement

The information in this announcement that relates to Exploration Results is based on, and fairly represents, information compiled or reviewed by Mr. Lamont Leatherman, a Competent Person who is a Registered Member of the Society for Mining, Metallurgy and Exploration, a Recognized Professional Organization (RPO). Mr. Leatherman is a consultant to the Company. Mr. Leatherman has sufficient experience that is relevant to the style of mineralization and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr. Leatherman consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

Appendix 1: Summary of Core Drill Hole Intersections

Hole EastinNorthiElev.Az.Dip Dept From To InterLi2
ID g ng (m) (o)(o) h (m) (m) cept O

(m) (m) (%)
18-BD473500391618239.9303-54.222. 12.79 14.92.15 1.6
-187 .5 9.1 .0 4 0 4 5

and 43.83 50.16.34 1.3
7 4

and 70.41 77.26.82 0.5
3 1

inclu72.70 75.52.80 1.0
ding 0 3

and 85.48 86.81.37 0.9
5 5

and 109.09111.2.33 1.2
42 6

and 169.25171.2.50 1.0
75 2

and 181.85183.1.52 0.8
37 0

and 185.74187.2.11 1.4
85 0

and 217.00218.1.23 0.8
23 8

18-BD474247391571263.6300-58.195. 33.64 38.85.21 1.3
-189 .5 8.7 .0 9 0 5 0

and 76.51 79.22.69 1.4
0 6

and 117.00124.7.50 1.3
50 7

inclu118.00121.3.00 2.0
ding 00 1

and 149.30152.2.70 0.8
00 0

and 161.36166.5.16 1.5
52 8

18-BD473445391614253.1303-55.239. 28.64 34.76.06 1.6
-190 .1 6.7 .0 0 27 0 1

and 36.26 39.22.97 1.7
3 5

and 46.23 57.511.330.7
6 3

inclu48.23 52.24.00 1.0
ding 3 3

18-BD473516391588255.9298-44.247. 35.95 40.94.95 1.1
-209 .7 3.4 .0 6 0 0 8

and 45.79 47.01.30 1.3
9 4

and 48.61 51.02.39 0.9
0 9

and 66.06 67.71.73 1.5
9 5

and 70.74 78.47.69 1.6
3 3

inclu71.74 74.73.00 2.4
ding 4 8

and 80.25 82.11.94 0.8
9 7

18-BD474216391532271.0301-56.139. 54.62 56.31.68 1.0
-210 .7 6.5 .0 4 0 0 3

18-BD474015391684244.5314-53.190. 19.50 23.33.83 0.7
-211 .1 9.5 .0 0 0 3 9

and 30.37 32.11.74 1.4
1 1

and 80.28 83.33.02 1.2
0 6

and 111.27112.1.32 1.9
50 8

18-BD473946391632261.3302-55.154. 79.72 89.311.861.0
-212 .5 2.5 .0 2 0 8 7

inclu84.72 86.72.00 2.4
ding 2 3

and 93.87 95.61.81 1.0
8 8

and 140.49144.3.58 1.7
07 7

18-BD473577391576254.2300-52.207. 37.98 39.11.16 1.5
-213 .9 8.1 .0 8 0 4 3

and 47.04 52.55.54 0.8
8 5

inclu49.04 52.03.00 1.1
ding 4 7

18-BD473562391586255.8299-55.188. 10.90 12.61.75 1.6
-214 .9 2.7 .0 1 50 5 2

and 37.45 39.52.05 1.0
0 7

and 62.45 66.44.02 1.6
7 0

and 72.55 75.22.72 0.8
7 8

and 118.63126.8.20 0.5
83 5

inclu119.63122.3.17 1.1
ding 8 2

18-BD474239391531269.8300-65.87.0 45.62 61.716.130.4
-215 .6 1.7 .0 0 5 7

18-BD474149391558259.6302-55.185. 35.18 40.04.85 1.4
-216 .7 7.0 .0 4 0 3 6

and 132.21136.3.82 1.2
03 4

and 157.06158.1.02 1.0
08 9

and 168.45174.6.29 1.6
74 1

18-BD473954391662250.1311-55.209. 76.25 84.48.17 0.7
-217 .2 2.7 .0 9 0 2 1

inclu78.25 81.23.00 1.0
ding 5 7

and 97.80 104.6.20 1.1
00 3

and 115.18118.3.00 1.3
18 7

and 155.02156.1.48 1.0
50 3

and 187.92191.3.08 0.8
00 1

and 196.14198.2.04 0.7
18 4

18-BD473813391642256.5304-61.214. 71.50 72.51.07 1.6
-218 .9 4.4 .0 1 50 7 3

and 129.80137.7.43 1.3
23 2

and 161.51165.3.87 0.8
38 6

and 199.28201.1.98 0.6
26 4

and 204.90207.2.50 0.6
40 8

18-BD474347391576259.7299-55.177. 52.62 62.09.38 1.0
-219 .9 3.7 .0 3 0 0 4

and 73.35 75.52.15 0.9
0 1

and 81.95 84.42.45 0.7
0 1

and 94.65 97.12.53 0.7
8 3

18-BD473466391577256.1298-44.103. 49.89 58.38.42 1.4
-220 .1 8.8 .0 3 0 1 7

and 69.82 80.911.151.1
7 4

and 69.82 73.33.48 1.3
0 7

and 75.79 80.95.18 1.5
7 3

18-BD473564391573251.8299-53.183. 34.00 36.12.12 1.4
-221 .2 6.0 .0 4 0 2 0

and 56.33 61.55.21 1.4
4 0

18-BD473517391576259.3299-54.142. 44.24 48.13.86 1.4
-222 .1 1.7 .0 4 0 0 3

and 51.02 52.11.08 0.7
0 4

and 67.44 72.85.40 0.7
4 1

inclu69.44 71.52.06 1.0
ding 0 8

and 115.64127.11.650.8
29 9

inclu118.66122.4.00 1.3
ding 66 1

18-BD474018391658238.5311-56.250. 97.12 98.31.26 1.0
-223 .8 2.7 .0 4 0 8 3

and 125.03127.2.27 0.7
30 1

and 146.82152.5.89 0.9
71 5

and 239.64244.4.92 0.9
56 1

18-BD474300391565262.9303-56.180. 97.52 103.6.04 0.9
-224 .0 0.0 .0 9 0 56 6

inclu97.52 99.82.28 1.4
ding 0 6

and 136.58146.9.91 1.2
49 3

inclu138.26143.5.00 1.7
ding 26 7

18-BD474237391552263.9300-55.236. 88.95 91.22.32 0.8
-225 .4 4.4 .0 1 4 7 6

and 140.17144.4.48 1.2
65 9

and 151.35155.4.40 1.2
75 2

and 199.16200.1.46 1.6
63 3

and 215.90217.2.00 1.0
90 8

18-BD473795391639255.8297-53.251. 97.08 100.3.00 1.4
-226 .9 1.0 .0 5 0 08 6

and 119.67120.1.21 1.5
88 9

and 136.77147.10.781.3
55 6

and 190.30193.3.56 0.6
86 5

18-BD473160391577266.5303-54.161. 73.62 90.216.630.8
-227 .8 9.4 .0 4 0 5 8

inclu83.86 90.26.39 1.3
ding 5 6

and 95.43 99.74.27 0.7
0 7

18-BD473228391584267.7305-55.109. 89.15 109.20.351.6
-228 .4 4.3 .0 0 50 50 1

inclu89.15 100.11.002.0
ding 15 4

18-BD474294391548265.1300-55.227. 44.05 49.95.88 0.4
-229 .0 6.8 .0 1 0 3 9

inclu46.05 48.02.00 1.1
ding 5 6

and 144.57145.1.08 1.0
65 0

and 148.60153.5.30 1.1
90 8

and 199.20205.6.17 1.2
37 4

and 217.60219.1.76 0.7
36 1

18-BD474270391653248.8304-55.143. 40.90 42.81.92 1.7
-230 .4 7.4 .0 9 0 2 9

and 81.97 83.41.48 1.2
5 5

18-BD473814391634250.8300-59.203. 127.59128.1.23 1.3
-231 .8 4.7 .0 7 50 82 1

and 176.50177.1.41 1.3
90 3


Appendix 2: JORC Table 1 Checklist of Assessment and Reporting Criteria

Section 1 Sampling Techniques and Data
CriteriaJORC Code Commentary
explanation

Sampling> Nature and All results reported are from
techniq quality of diamond core samples. The core was
ues sampling (e.g. cut sawn at an orientation not
channels, random influenced by the distribution of
chips, or specific mineralization within the drill
specialised core (i.e. bisecting mineralized
industry standard veins or cut perpendicular to a
measurement tools fabric in the rock that is
appropriate to the independent of mineralization,
minerals under such as foliation). Diamond
investigation, drilling provided continuous core
such as downhole which allowed continuous sampling
gamma sondes, or of mineralized zones. The core
handheld XRF sample intervals were a minimum of
instruments, 0.35m and a maximum of 1.5m for HQ
etc.). These or NQ drill core (except in
examples should
not be taken as saprolitic areas of poor recovery
limiting the broad where sample intervals may exceed
meaning of 1.5m in length) and took into
sampling. account lithological boundaries
(i.e. sample was to, and not
> Include reference across, major
to measures taken contacts).
to ensure sample
Standards and blanks were inserted
representivity and into the sample stream to assess
the appropriate the accuracy, precision and
calibration of any methodology of the external
measurement tools laboratories used. In addition,
or systems field duplicate samples were
used. inserted to assess the variability
of the mineralisation., The
> Aspects of the laboratories undertake their own
determination of duplicate sampling as part of
mineralisation their internal QA/QC processes.
that are Material Examination of the QA/QC sample
to the Public data indicates satisfactory
Report. In cases performance of field sampling
where industry protocols and assay laboratories
standard work has providing acceptable levels of
been done this precision and
would be accuracy.
relatively simple
(e.g. reverse
circulation
drilling was used
to obtain 1 m
samples from which
3 kg was
pulverised to
produce a 30 g
charge for fire
assay). In other
cases more
explanation may be
required, such as
where there is
coarse gold that
has inherent
sampling problems.
Unusual
commodities or
mineralisation
types (e.g.
submarine nodules)
may warrant
disclosure of
detailed
information.

Drilling> Drill type (e.g. All diamond drill holes were
techniq core, reverse collared with HQ and were
ues circulation, transitioned to NQ once
open-hole hammer, non-weathered and unoxidized
rotary air blast, bedrock was encountered. Drill
auger, Bangka, core was recovered from
sonic, etc.) and surface.
details (e.g. core
diameter, triple Oriented core was collected on
or standard tube, select drill holes using the
depth of diamond REFLEX ACT III tool by a qualified
tails, geologist at the drill rig. The
face-sampling bit orientation data is currently
or other type, being evaluated.
whether core is
oriented and if
so, by what
method,
etc.).

Drill > Method of The core was transported from the
sample recording and drill site to the logging facility
recover assessing core and in covered boxes with the utmost
y chip sample care. Once at the logging
recoveries and facility, the following procedures
results were carried out on the
assessed. core:

> Measures taken to 1. Re-aligning the broken core in
maximise sample its original position as closely
recovery and as possible.
ensure
representative
nature of the 2. The length of recovered core was
samples. measured, and meter marks clearly
placed on the core to indicate
> Whether a depth to the nearest
relationship centimetre.
exists between
sample recovery 3. The length of core recovered was
and grade and used to determine the core
whether sample recovery, which is the length of
bias may have core recovered divided by the
occurred due to interval drilled (as indicated by
preferential the footage marks which was
loss/gain of converted to meter marks),
fine/coarse expressed as a percentage. This
material. data was recorded in the database.
The core was photographed wet
before
logged.

4. The core was photographed again
immediately before sampling with
the sample numbers visible.


Sample recovery was consistently
good except for zones within the
oxidized clay and saprolite zones.
These zones were generally within
the top 20m of the hole. No
relationship is recognized between
recovery and grade. The drill
holes were designed to intersect
the targeted pegmatite below the
oxidized
zone.

Logging > Whether core and Geologically, data was collected in
chip samples have detail, sufficient to aid in
been geologically Mineral Resource estimation.
and geotechnically
logged to a level
of detail to Core logging consisted of marking
support the core, describing lithologies,
appropriate geologic features, percentage of
Mineral Resource spodumene and structural features
estimation, mining measured to core
studies and axis.
metallurgical
studies. The core was photographed wet
before logging and again
> Whether logging immediately before sampling with
is qualitative or the sample numbers
quantitative in visible.
nature. Core (or
costean, channel, All the core from the 26 holes
etc.) reported was
photography. logged.

> The total length
and percentage of
the relevant
intersections
logged.

Sub-samp> If core, whether Core was cut in half with a diamond
ling cut or sawn and saw.
techniq whether quarter,
ues and half or all core Standard sample intervals were a
sample taken. minimum of 0.35m and a maximum of
prepara 1.5m for HQ or NQ drill core,
tion > If non-core, taking into account lithological
whether riffled, boundaries (i.e. sample to, and
tube sampled, not across, major
rotary split, etc. contacts).
and whether
sampled wet or The preparation code is CRU21
dry. (crush to 75% of sample <2mm) and
PUL45 (pulverize 250g to 85% <75
> For all sample microns).
types, the nature,
quality and A CRM or coarse blank was included
appropriateness of at the rate of one for every 20
the sample drill core samples (i.e. 5%).
preparation
technique.
Sampling precision is monitored by
> Quality control selecting a sample interval likely
procedures adopted to be mineralized and splitting
for all the sample into two ¼ core
sub-sampling duplicate samples over the same
stages to maximise sample interval. These samples are
consecutively numbered after the
representivity of primary sample and recorded in the
samples. sample database as field
duplicates and the primary sample
> Measures taken to number recorded. Field duplicates
ensure that the were collected at the rate of 1 in
sampling is 20 samples when sampling
representative of mineralized drill core
the in situ intervals
material
collected, Samples were numbered sequentially
including for with no duplicates and no missing
instance results numbers. Triple tag books using
for field 9-digit numbers were used, with
duplicate/second-ha one tag inserted into the sample
lf bag and one tag stapled or
sampling. otherwise affixed into the core
tray at the interval the sample
> Whether sample was collected. Samples were placed
sizes are inside pre-numbered sample bags
appropriate to the with numbers coinciding to the
grain size of the sample tag. Quality control (QC)
material being samples, consisting of certified
sampled. reference materials (CRMs), were
given sample numbers within the
sample stream so that they are
masked from the laboratory after
sample preparation and to avoid
any duplication of sample
numbers.

Quality > The nature, All samples from the Phase II and
of quality and Phase III drilling were shipped to
assay appropriateness of the SGS laboratory in Lakefield,
data the assaying and Ontario.
and laboratory
laborat procedures used
ory and whether the The preparation code was CRU21
tests technique is (crush to 75% of sample <2mm) and
considered partial PUL45 (pulverize 250g to 85% <75
or microns).
total.
The analyses code was GE ICM40B
> For geophysical (multi-acid digestion with either
tools, an ICP-ES or ICP-MS finish), which
spectrometers, has a range for Li of 1 to 10,000
handheld XRF (1%) ppm Li.
instruments, etc.,
the parameters
used in The over-range method code for Li
determining the >5,000 ppm is GE ICP90A, which
analysis including uses a peroxide fusion with an ICP
instrument make finish, and has lower and upper
and model, reading detection limits of 0.001 and 5%
times, respectively.
calibrations
factors applied
and their Starting in August 2017, samples
derivation, were switched to being analysed
etc. using GE ICP90A Li only and then
to GE ICP91A Li only.
> Nature of quality
control procedures
adopted (e.g. Bulk Densities are collected from
standards, blanks, each drill hole (one host rock and
duplicates, one mineralized rock) using
external analyses code GPHY04V.
laboratory checks)
and whether
acceptable levels Phase I samples were shipped to the
of accuracy (i.e. Bureau Veritas minerals laboratory
lack of bias) and in Reno,
precision have Nevada.
been
established. The preparation code was PRP70-250
(crush to 70% of sample <2mm,
pulverize 250g to 85% <75
microns).

The analysis code was MA270
(multi-acid digestion with either
an ICP-ES or ICP-MS finish), which
has a range for Li of 0.5 to
10,000 ppm (1%) Li. This digestion
provides only partial analyses for
many elements in refractory
minerals, including Ta and Nb. It
does not include analyses for Cs.


The over-range method code for
Li>10,000 ppm is PF370, which uses
a peroxide fusion with an ICP-ES
finish and has lower and upper
detection limits of 0.001 and 50%,
respectively. The laboratory was
instructed to implement the
over-range method in all samples
that exceed 5,000 ppm Li to allow
for poor data precision near the
upper limit of detection using
MA270.

Historical samples (holes 09-BD-01
through 10-BD-19) were submitted
to ALS Vancouver for
analysis.

Accuracy monitoring was achieved
through submission and monitoring
of certified reference materials
(CRMs).


Sample numbering and the inclusion
of CRMs was the responsibility of
the project geologist submitting
the samples. A CRM or coarse blank
was included at the rate of one
for every 20 drill core samples
(i.e. 5%).


The CRMs used for this program were
supplied by

Geostats Pty Ltd of Perth, Western
Australia. Details of the CRMs
are provided below. A sequence of
these CRMs covering a range in Li
values and, including blanks, were
submitted to the laboratory along
with all dispatched samples so as
to ensure each run of 100 samples
contains the full range of control
materials. The CRMs were submitted
as blind control samples not
identifiable by the
laboratory.

Details of CRMs used in the drill
program (all values
ppm):


CRM ManufacturerLithi1
um Std
Dev

GTA-01 Geostats 3132 129
GTA-02 Geostats 1715 64
GTA-03 Geostats 7782 175
GTA-04 Geostats 9275 213
GTA-06 Geostats 7843 126
GTA-09 Geostats 4837 174
Sampling precision was monitored by
selecting a sample interval likely
to be mineralized and splitting
the sample into two ¼ core
duplicate samples over the same
sample interval. These samples
were consecutively numbered after
the primary sample and recorded in
the sample database as field
duplicates and the primary sample
number recorded. Field duplicates
were collected at the rate of 1 in
20 samples when sampling
mineralized drill core intervals.
Random sampling precision was
monitored by splitting samples at
the sample crushing stage (coarse
crush duplicate) and at the final
sub-sampling stage for analysis
(pulp duplicates). The coarse,
jaw-crushed, reject material was
split into two preparation
duplicates, sometimes referred to
as second cuts, crusher or
preparation duplicates, which were
then pulverized and analysed
separately. These duplicate
samples were selected randomly by
the laboratory. Analytical
precision was also monitored using
pulp duplicates, sometimes
referred to as replicates or
repeats. Data from all three types
of duplicate analyses was used to
constrain sampling variance at
different stages of the sampling
and preparation
process.

Examination of the QA/QC sample
data indicates satisfactory
performance of field sampling
protocols and assay laboratories
providing acceptable levels of
precision and
accuracy.

Verifica> The verification Multiple representatives of
tion of of significant Piedmont Lithium, Inc. have
samplin intersections by inspected and verified the
g and either independent results.
assayin or alternative
g company CSA has conducted multiple site
personnel. visits. Dennis Arne (Managing
Director -Principal Consultant)
> The use of toured the site, facilities and
twinned reviewed core logging and sampling
holes. workflow as well as Leon McGarry
(Senior Resource Geologist). Each
> Documentation of provided comments on how to
primary data, data improve our methods and have been
entry procedures, addressed. Verification core
data verification, samples were collected by Leon
data storage McGarry.
(physical and
electronic) No holes were twinned.
protocols. Ten-foot rods and core barrels were
used, the core was converted from
> Discuss any feet to meters. Li% was converted
adjustment to to Li2O by multiplying Li% by
assay 2.153.
data.

Location> Accuracy and Drill collars were located with the
of quality of surveys Trimble Geo 7 which resulted in
data used to locate accuracies
points drill holes <1m.
(collar and
down-hole All coordinates were collected in
surveys), State Plane and re-projected to
trenches, mine Nad83 zone17 in which they are
workings and other reported.
locations used in
Mineral Resource Drill hole surveying was performed
estimation. on each hole using a REFLEX
EZ-Trac multi-shot instrument.
> Specification of Readings were taken approx. every
the grid system 15 meters (50 feet) and recorded
used. depth, azimuth, and
inclination.
> Quality and
adequacy of
topographic
control.

Data > Data spacing for For selected areas, the drill
spacing reporting of spacing is approximately 40 to 80
and Exploration m along strike and down dip. This
distrib Results. spacing is sufficient to establish
ution continuity in geology and grade
> Whether the data for this pegmatite
spacing and system.
distribution is
sufficient to Composite samples are reported in
establish the Li2O%, this is calculated by
degree of multiplying drill length by
geological and Li
grade continuity 2O for each sample; then the
appropriate for weighted averages for multiple
the Mineral samples are totalled and divided
Resource and Ore by the total drill length for the
Reserve estimation selected
procedure(s) and samples
classifications
applied.

> Whether sample
compositing has
been
applied.

Orientat> Whether the The pegmatite dikes targeted trend
ion of orientation of northeast and dip to the
data sampling achieves southeast,
in unbiased sampling
relatio of possible drillholes were designed, oriented
n to structures and the to the northwest with inclinations
geologi extent to which ranging from -45 to -80 degrees,
cal this is known, to best intersect the tabular
structu considering the pegmatite bodies as close to
re deposit perpendicularly as
type. possible.

> If the
relationship
between the
drilling
orientation and
the orientation of
key mineralised
structures is
considered to have
introduced a
sampling bias,
this should be
assessed and
reported if
material.

Sample > The measures Drill core samples were shipped
securit taken to ensure directly from the core shack by
y sample the project geologist in sealed
security. rice bags or similar containers
using a reputable transport
company with shipment tracking
capability so that a chain of
custody can be maintained. Each
bag was sealed with a security
strap with a unique security
number. The containers were locked
in a shed if they were stored
overnight at any point during
transit, including at the drill
site prior to shipping. The
laboratory confirmed the integrity
of the rice bag seals upon
receipt

Audits > The results of CSA Global developed a Standard
or any audits or Operating Procedures manual in
reviews reviews of preparation for the drilling
sampling program. CSA global reviews all
techniques and logging and assay data, as well as
data. merges all data in to database
that is held off
site.

CSA has conducted multiple site
visits. Dennis Arne (Managing
Director -Principal Consultant)
toured the site and facilities as
well as Leon McGarry (Senior
Resource Geologist). Each provided
comments on how to improve our
methods and have been addressed.
Verification core samples were
collected by Leon
McGarry.

Section 2 Reporting of Exploration Results
CriteriJORC Code Commentary
a explanation

Mineral> Type, reference Piedmont, through its 100% owned
teneme name/number, subsidiary, Piedmont Lithium,
nt and location and Inc., has entered into exclusive
land ownership option agreements with local
tenure including landowners, which upon exercise,
status agreements or allows the Company to purchase
material issues (or long term lease)
with third parties approximately 1199 acres of
such as joint surface property and the
ventures, associated mineral rights from
partnerships, the local landowners.
overriding
royalties, native
title interests, There are no known historical
historical sites, sites, wilderness or national
wilderness or parks located within the Project
national park and area and there are no known
environmental impediments to obtaining a
settings. licence to operate in this
area.
> The security of
the tenure held at
the time of
reporting along
with any known
impediments to
obtaining a
licence to operate
in the
area.

Explora> Acknowledgment The Project is focused over an
tion and appraisal of area that has been explored for
done exploration by lithium dating back to the 1950s
by other where it was originally explored
other parties. by Lithium Corporation of America
partie which was subsequently acquired
s by FMC Corporation. Most
recently, North Arrow explored
the Project in 2009 and 2010.
North Arrow conducted surface
sampling, field mapping, a ground
magnetic survey and two diamond
drilling programs for a total of
19 holes. Piedmont Lithium, Inc.
has obtained North Arrows
exploration
data.

Geology> Deposit type, Spodumene pegmatites, located near
geological setting the
and style of
mineralisation. litho tectonic boundary between
the inner Piedmont and Kings
Mountain belt. The
mineralization is thought to be
concurrent and cross-cutting dike
swarms extending from the
Cherryville granite, as the dikes
progressed further from their
sources, they became increasingly
enriched in incompatible elements
such as Li, tin (Sn). The dikes
are considered to be

unzoned.

Drill > A summary of all Details of all reported drill
hole information holes are provided in Appendix 1
Inform material to the of this
ation understanding of report.
the exploration
results including
a tabulation of
the following
information for
all Material drill
holes:

> easting and
northing of the
drill hole
collar

> elevation or RL
(Reduced Level -
elevation above
sea level in
metres) of the
drill hole
collar

> dip and azimuth
of the
hole

> down hole length
and interception
depth

> hole length.
> If the exclusion
of this
information is
justified on the
basis that the
information is not
Material and this
exclusion does not
detract from the
understanding of
the report, the
Competent Person
should clearly
explain why this
is the
case.

Data > In reporting All intercepts reported are for
aggreg Exploration down hole thickness not true
ation Results, weighting thickness.
method averaging
s techniques,
maximum and/or Weighted averaging was used in
minimum grade preparing the intercepts
truncations (e.g. reported.
cutting of high
grades) and
cut-off grades are The drill intercepts were
usually Material calculated by adding the weighted
and should be value (drill length x assay) for
stated. each sample across the entire
pegmatite divided by the total
> Where aggregate drill thickness of the pegmatite.
intercepts For each mineralized pegmatite,
incorporate short all assays were used in the
lengths of high composite calculations with no
grade results and upper or lower cut-offs.
longer lengths of Mineralized pegmatite is defined
low grade results, as spodumene bearing pegmatite.
the procedure used
for such
aggregation should Intercepts were reported for
be stated and some entire pegmatites, taking into
typical examples account lithological boundaries
of such (i.e. sample to, and not across,
aggregations major contacts), with additional
should be shown in high-grade sub intervals reported
detail. from the same pegmatite. In the
case where thin wall rock
> The assumptions intervals were included, a value
used for any of 0% Li2O was inserted for the
reporting of metal assay value, thus giving that
equivalent values individual sample a weighted
should be clearly value of 0% Li2O.
stated.

Cumulative thicknesses are
reported for select drill holes.
These cumulative thicknesses do
not represent continuous
mineralized intercepts. The
cumulative thickness for a drill
hole is calculated by adding the
drill widths of two or more
mineralized pegmatites
encountered in the drill hole,
all other intervals are omitted
from the calculation.


Li% was converted to Li2O% by
multiplying Li% by
2.153.

Relatio> These Drill intercepts are reported as
nship relationships are Li2O% over the drill length, not
betwee particularly true thickness. The pegmatites
n important in the targeted strike
minera reporting of northeast-southwest and dip
lisatio Exploration moderately to the southeast. All
n Results. holes were drilled to the
widths northwest and with inclinations
and > If the geometry ranging between -45 and
interc of the -80
ept mineralisation
length with respect to
s the drill hole
angle is known,
its nature should
be
reported.

> If it is not
known and only the
down hole lengths
are reported,
there should be a
clear statement to
this effect (e.g.
down hole length,
true width not
known).

Diagram> Appropriate maps Appropriate diagrams, including a
s and sections (with drill plan map and cross-section,
scales) and are included in the main body of
tabulations of this
intercepts should report.
be included for
any significant
discovery being
reported These
should include,
but not be limited
to a plan view of
drill hole collar
locations and
appropriate
sectional
views.

Balance> Where All of the relevant exploration
d comprehensive data for the Exploration Results
report reporting of all and available at this time has
ing Exploration been provided in this
Results is not report.
practicable,
representative
reportin

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