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Bacanora Receives Phase II Drill Results from Ventana

Investing News Network
Apr. 17, 2012 11:25AM PST
Resource Investing

Bacanora Minerals Ltd.(TSXV:BCN) announced the final results from its phase two drill program at its Ventana project. The Company also announced commencing drilling at its Ventana and El Sauz properties.

Bacanora Minerals Ltd.(TSXV:BCN) announced the final results from its phase two drill program at its Ventana project. The Company also announced commencing drilling at its Ventana and El Sauz properties.

As quoted in the press release:

Two mineralized lithium bearing sections have been identified, which are separated by a barren ignimbritic tuff that has been utilized as a marker bed. The average thickness and grade from the upper unit has been determined to be 11.38 metres at 2,833 ppm Li and the average thickness and grade of the lower unit is 19.08 metres at 4,069 ppm Li.

Bacanora,, President and CEO, commented:

We are very pleased with the advancements made during our second round of drilling at Ventana and look forward to conducting our third round of drilling and exploration on each of our lithium properties, all with a view towards our goal of generating a National Instrument 43-101 compliant Lithium Carbonate Equivalent resource encompassing one or more of these properties.

Click here to read the Bacanora Minerals Ltd. (TSXV:BCN) press release

See this press release on Marketwire
Click here to see the Bacanora Minerals Ltd. (TSXV:BCN) profile

bacanora-minerals-ltd bacanora-minerals lithium-carbonate-equivalent tsxv-bcn
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