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Lithium X Energy Corp. (“Lithium X”, or the “Company”) (TSXV: LIX) (OTCQX: LIXXF) is pleased to provide the following operational update on the Sal de los Angeles lithium project (the “Project”) located in Salta province, Argentina. As quoted in the press release: As part of the Company’s feasibility study inputs, a comprehensive drill and pumping …
Lithium X Energy Corp. (“Lithium X”, or the “Company”) (TSXV: LIX) (OTCQX: LIXXF) is pleased to provide the following operational update on the Sal de los Angeles lithium project (the “Project”) located in Salta province, Argentina.
As quoted in the press release:
As part of the Company’s feasibility study inputs, a comprehensive drill and pumping test program has been initated for the Sal de los Angeles project. Diamond drilling will test the northern extension of the Diabillios basin beyond the current published resource limits (August 30, 2016 news release). A sonic drilling program will provide additional stratigraphic and hydrogeological data for increased resource confidence and a maiden reserve statement. Based on a number of factors including the current hydrological and resource model, Lithium X has outlined a potential wellfield. The Company intends to drill a production well in this area and complete long term pumping tests. Fieldwork is expected to be completed by September 2017. Results from this work will be incorporated into an upgraded mineral resource and reserve statement and will be incorporated into a feasibility study scheduled to be released in Q4 2017.
