Bacanora Minerals Provides Update on Sonora Lithium Project

Bacanora Minerals (TSXV:BCN,AIM:BCN) provided an update on ongoing development work at its Sonora lithium project in Mexico. The company is working to complete a pre-feasibility study (PFS) for the project, which is expected to be used to design a plant capable of potentially delivering up to 50,000 tonnes per year of lithium carbonate. The company is looking to complete its PFS by the end of Q1 2016.
As quoted in the press release, Bacanora is planning the following works within 6 months:

• Commencement of a 4,000 metre drilling programme has begun on the Fleur and El Sauz concessions with the primary objective of significantly increasing the Indicated Mineral Resources within the Sonora Lithium Project. The current resource was recently updated by SRK Consulting (UK) Limited (“SRK”) to:
  • Indicated resources of 1.14 million tonnes (“Mt”) lithium carbonate equivalent (“LCE”)(1) contained in 95Mt of clay, at lithium (“Li”) grade of 2,200 ppm
  • Inferred resources of 6.3Mt LCE contained in 500 Mt of clay at a Li grade of 2,300 ppm
• The drill program will also test the continuity of higher grade, near surface mineralization in the northern area of the Fleur concession that immediately adjoins the southern end of the La Ventana concession with the objective of further expanding the current resource base;
• Upon completion of the drilling programme, an updated resource model will be developed for mine design purposes with an initial focus on the higher grade, open pit resources on the La Ventana and Fleur concessions;
• SGS Canada Inc. (“SGS”) has been appointed to carry out lithium carbonate metallurgical testwork at their Lakefield site on a number of ore samples from the Sonora Lithium Project concessions. SGS is one of the world’s leading inspection, verification, testing and certification companies, with proven expertise in lithium metallurgy. The data from this testwork will be used to produce a detailed lithium carbonate flowsheet;
• In addition, the Company will carry out work on the development of a lithium hydroxide, (LiOH) flowsheet at its Hermosillo pilot plant and will also commence preliminary testwork with a number of international specialist groups with LiOH extraction expertise;
• Ausenco Engineering Canada Inc, (“Ausenco”) has been appointed to carry out the flow sheet review, process engineering design, infrastructure optimization and PFS documentation for a two-stage lithium carbonate processing plant, for the production of battery grade lithium carbonate. Ausenco is internationally recognised as a specialist in the study, engineering, procurement, construction management, programme management, commissioning and operation of minerals processing projects. They recently completed an updated Feasibility Study for Talison Lithium’s lithium carbonate plant in Australia and will manage Bacanora’s PFS out of their office in Hermosillo, Mexico with support from Vancouver, Canada and Perth, Australia; and
• Mr. Eric Carter has been appointed as Project Manager to manage the PFS, based in Hermosillo. Eric has over 30 years’ project management expertise, including 22 years of lithium operations experience in North America, mainly with FMC Lithium at their North Carolina operations with a focus on lithium carbonate and lithium hydroxide.

Click here to read the full Bacanora Minerals (TSXV:BCN,AIM:BCN) press release.