LSC Lithium’s W1-35 well tests at 591 mg/L Li
LSC LITHIUM Corp. has completed its phase 1 15-hole drill program on its 99-per-cent -controlled Salar de Pozuelos, Salta province. The program was designed to evaluate the lithology and brine chemistry across the full extent of the salar to depths of up to 200 metres. The results of the program indicate the presence of extensive lithium mineralization across the entire salar which covers 10,787 hectares and is 99 per cent controlled by the company.
The assay results show that the salar has excellent brine chemistry, relative brine release capacity qualities and the brine values down-hole are consistent with the surface sampling results obtained previously. These results are also consistent with high-grade lithium results returned from previously announced short- and long-term pumping well test results. It is anticipated that LSC will release a National Instrument 43-101 resource report in December based on work completed to date.
Pump test results
• W1-35 short-term stress test: consistent Li assays averaging 602 milligrams per litre lithium and magnesium:lithium ratio of 4:1;
• W2-90 short-term stress test: consistent Li assays averaging 545 mg/L Li and Mg:Li ratio of 5:1;
• W1-35 30-day test: averaged 591 mg/L Li and a constant Mg:Li ratio of 4:1;
• W2-90 15-day test: averaged 548 mg/L Li and a Mg:Li ratio of 5:1.
The phase 1 exploration drilling program, which included 11 out of 15 planned holes on Salar de Pozuelos, has been completed and the balance of the assay results for brine packer sampling has been received. Three holes were cancelled due to ground conditions preventing access.
LSC’s president and chief executive officer, Ian Stalker, stated: “The company has ramped up its efforts on the ground and is moving positively on the Pozuelos, Salinas Grande and Rio Grande projects, as we push to complete three NI 43-101-compliant resource statements by late this year, early next year.
These latest results from Pozuelos have confirmed the company’s expectations in terms of the presence of widespread, high-grade mineralization across the Pozuelos salar. These results, which are supported by high-grade well pump test results acquired earlier in the year, maintain the schedule for the delivery of the Pozuelos NI 43-101 mineral resource report, planned for the end of the year. We are pleased with these results as we drive toward planned prefeasibility studies in 2018. We hope to be able to start preliminary testing of these brines using Enirgi Group Corp.’s direct extraction technology in late 2017, early 2018."
This work demonstrates the widespread nature of lithium mineralization present throughout this large land holding measuring 10,787 hectares.
LSC has now mobilized contractors to conduct a five-hole pumping well test program and hydrogeological studies to assess pumping conditions in various parts of the Salar de Pozuelos and assess boundary conditions around the salar. This work program is anticipated to be completed by the end of November.
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Karen Baxter condensed this news release (firstname.lastname@example.org).
Stephen Roland Dattels, Trevor J Eyton, Robert James Metcalfe, Peter Hammond Robson, Bryan George Symington Smith
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