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Bacanora Minerals Ltd. (TSXV:BCN) declared new inferred resources for potassium, rubidium, cesium, magnesium and strontium within the resource previously estimated for lithium on the El Sauz and Fleur concessions. The lower clay unit shows significant enrichment in alkali metals in comparison to the upper clay unit.
As quoted in the press release:
…it has received analytical results for alkali metals and alkali earth metals from drilling conducted on the El Sauz and Fleur concessions (the “Concessions”) under joint venture with Rare Earth Minerals PLC (“REM”). The additional analytical data is being used by the Company to declare new inferred resources for potassium, rubidium, cesium, magnesium and strontium within the resource previously estimated for lithium.
Bacanora Minerals Ltd. President, Martin Vidal, said:
We are very pleased to be able to report the elevated values in the other alkalis on the El Sauz and Fleur concessions as this implies further additional economic potential for the project if recoveries of these elements can be achieved. The Company looks forward to advancing efforts to recover additional alkali compounds along with lithium carbonate.
Click here to read the Bacanora Minerals Ltd. (TSXV:BCN) press release
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