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    lithium-investing

    One World Minerals Announces Second Phase Work Program on its Rico Litio Lithium Project

    Jocelyn Aspa
    Mar. 28, 2017 09:26AM PST
    Battery Metals Investing

    One World Minerals (CSE:OWM) has announced the start of a second phase exploration program on its Rico Litio lithium property in Mexico. As quoted in the press release: Logistical preparations are underway with field crews on the property within three weeks and concluding with a 4000 metre (13,000 foot) drill program to be completed by …

    One World Minerals (CSE:OWM) has announced the start of a second phase exploration program on its Rico Litio lithium property in Mexico.
    As quoted in the press release:

    Logistical preparations are underway with field crews on the property within three weeks and concluding with a 4000 metre (13,000 foot) drill program to be completed by the end of June 2017.
    The second phase program will consist of 80 kilometres (50 miles) of surveyed grid lines in the northern portion of the property in preparation to complete a time domain electromagnetic survey. This survey will help to identify sediment formations with good permeability and porosity that may contain lithium brines. In addition, a gravity survey will be conducted over the same grid lines to identify the depths of the closed basin as well as structural features and young volcanic rocks that may contribute to the formation of the lithium brine. Historically these geophysical surveys have worked extremely well in identifying structural targets in preparation for drilling.
    Coincident with the geophysical programs, an additional 500 geochemical samples will be taken to further delineate anomalous lithium.
    The second phase also includes, a four thousand meter (13,000 feet) drill program to test several of the high priority targets that have coincidental anomalies that may contain brine and traps created by active faults.
    A third phase program will include a pump test work program done on sections of the drill holes to test and determine the aquifer capacity; draw down flow rates, and concentrations of Lithium and potassium.

    Click here to read the full press release.

    Source: oneworldminerals.ca

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