The Conversation (0)
Bacanora Minerals Ltd. (TSXV:BCN) announced that its Stage 2 drilling program on the Fleur and El Sauz concessions is nearing completion. Results of an additional seven new holes show lithium values averaging 1,683 ppm (0.90% LCE)over 20.88 metres in the upper clay and 4,821 ppm Li (2.57% LCE) over 28.80 metres in Lower Clay. The Company has also commenced construction of a pilot plant to refine the metallurgical treatment process for the overall Sonora Deposit.
Highlights:
- Results of additional 7 new holes show lithium values averaging 1,683 ppm (0.90% LCE)over 20.88 metres in the upper clay and 4,821 ppm Li (2.57% LCE) over 28.80 metres in Lower Clay, which are in line with expectations.
- An additional 5 holes drilled further along strike to the south-east have extended the deposit by 3 kilometres further than previously drilled, with analytical results pending.
- Surface grades have now been recorded up to 16,410 ppm (1.64 % Li or 8.7% LCE).
- Construction of new bulk testing pilot plant has commenced.
- Drilling to be initiated on the new 94,815 hectare Megalit concession (Joint Venture #2 Lands).
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