The Conversation (0)
Lithium One Inc. (TSXV:LI) completed resource drilling for the Sal de Vida lithium and potash project at Salar del Hombre Muerto, Argentina. New drill results will contribute to a reclassification and expansion of the resource in a new resource estimate, as averaged lithium and potash grades are approximately 10% higher than those of the NI 43-101 resource previously announced.
As quoted in the press release:
The final six core holes complete a 28-hole, 3,255m program of drilling. Holes were drilled at an average 2.5km grid spacing and provided solid samples for direct porosity measurements and depth-specific brine samples for chemical analysis. In addition the Company drilled nineteen mud-rotary holes (totalling 1,932m), one of which is being used as the source of brine for the pilot evaporation ponds and plant and thirteen for short-term pumping test wells together with two reverse-circulation drill holes to fill in the sampling grid.
This final drill campaign identified brine with lithium (Li) grades of between 295-1,199 milligrams per liter (mg/L) and potassium (K) grades in the range of 3,249-13,680 mg/L. The averaged grades of the newly identified brine are 768 mg/L Li and 8,302 mg/L K, approximately 10% higher than the grades of the reported inferred resource. The chemistry of the brine also continues to be very favourable; the magnesium to lithium (Mg:Li) ratio averages 2.58 and the sulphate to lithium (SO4:Li) ratio averages 10.80. Given the consistent chemistry and higher grades within the existing resource area, these drill holes are expected to improve the overall resource grade.
Click here to read the Lithium One Inc. (TSXV:LI) press release
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