Excerpt from Struthers Report V24 # 5.3 Markets, JAX , REZ, GYA ,SVB, Feb. 21, 2018
RedZone Resources TSXV:REZ Recent Price $0.60
Entry Price $0.23 Opinion – hold, buy
Yesterday RedZone announced that it has located and staked an additional 36 lode claims or 744 acres at or near its Fortner & Boyd Lithium Property. This area increases the Company’s total land holding by 18% to 236 lode claims totaling 4,876 acres.
Upon review of the geological mapping and the location of pegmatite dykes on the current holding, many of which contain lithium bearing spodumene, RedZone has identified additional extension areas which appear to contain similar dyke outcrops. This was their previous map so these additional claims will be around these current ones indicated below
The stock is still very cheap compared to similar lithium stocks and the story here just keeps getting better. Remember lithium has seen very little exploration in the past and what Redzone is finding here could be a large scale lithium district. Contine to hold, add or initiate positions in the stock.
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Source: Struther’s Resource Stock Report