Bacanora Minerals Releases Drill Results for Buenavista

Lithium Investing

Bacanora Minerals (TSXV:BCN) announced drill results from 24 drill holes completed at the southern half of the Beunavista concession, part of the Sonora Lithium project in Mexico.

Bacanora Minerals (TSXV:BCN) announced drill results from 24 drill holes completed at the southern half of the Beunavista concession, part of the Sonora Lithium project in Mexico.

As quoted in the press release, drilling highlights included:

  • three kilometres of strike length of the lithium-bearing clays on the southern half of the concession were tested. The three kilometres on the northern half of the concession, as well as portions of the strata that continue onto the adjoining Megalit concession, remain untested;
  • significant lithium values (i.e. greater than 1,000 ppm Li) were found in 13 of the 24 holes;
  • of those 13 holes, 11 reported significant thicknesses and grades of lithium-bearing clays, as tabulated below;
  • lithium values of individual 1.0 metre samples, within the significant intervals, range from 336 to 2,210 ppm Li; and
  • the lithium-bearing clays crop out at surface and dip gently to the east, providing a target for potential low strip ratio, open pit mining of the clays.

Bacanora Chairman, Colin Orr-Ewing, said:

These results have confirmed that significant thicknesses and grades of lithium-bearing clays occur within the southern part of Buenavista. The northern half of the concession remains untested and it is our belief that it holds potential for similar lithium mineralization. Considering the relatively low overburden and that the deposit is at surface, if commercialized, this concession could present a low cost mining operation.

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

See this press release on Marketwire

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