Bacanora Announces Completion of Lithium Claims Acquisition

- August 23rd, 2010

BACANORA MINERALS LTD. (CVE:BCN) announced that it has completed its previously announced acquisition of four exploration licenses in respect of Lithium claims in the Sonora State of Mexico, covering approximately 4,050 hectares, in addition to a pending application in respect of a further 500 hectares.

BACANORA MINERALS LTD. (TSXV:BCN) announced that it has completed its previously announced acquisition of four exploration licenses in respect of Lithium claims in the Sonora State of Mexico, covering approximately 4,050 hectares, in addition to a pending application in respect of a further 500 hectares.

The press release is quoted as saying:

An initial drilling campaign is planned at the La Ventana target, while detailed mapping and systematic sampling followed by a target prioritization is planned for the El Sauz, Buenavista and San Gabriel targets, as well as the pending claim (El Penasco). At La Ventana, previous results returned values ranging between 1,700 to 5,500 ppm of Li, yielding between 0.3 to 2.5% Li2CO3 (lithium carbonate). The lithium bearing clays are contained in beds in excess of 20 metres thick and have been traced for over 3,000 metres. The clay Hectorite has been identified by X-ray diffraction analyses.

Click here to access the entire press release

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