The Conversation (0)
Rodinia Lithium Inc. (CVE:RM) reports a continuing intersection of high-grade lithium and potash in its reverse circulation drilling exploration program on its Salar de Diablillos lithium-brine project, Argentina.
The press release is quoted by saying:
Results from the most recent five drill holes are summarized in Table 1. All the holes reported in this press release are open at depth and in all directions, bound only by the basin limits. The reverse circulation drill holes were drilled vertically to ensure proper representation of the stratigraphic column. As in the previous drill holes the distribution of lithium concentrations over the hole are remarkably even, suggesting that our entire stratigraphic column below the near surface clays represents a single aquifer, composed primarily of sands and gravels.
William Randall, President and CEO of Rodinia says:
“the fact that we are routinely intersecting artesian conditions containing high grade lithium values is, in our opinion, extremely positive. We believe that these results indicate that the subsurface brines are spouting to surface and increasing in salinity and density as they continue to flow. This is a rare phenomenon which may add significant value to the project. Equally exciting is the fact that we intersected these brines in the southern portion of the basin where, based on our auger drilling, we expected lower grade brines due to the proximity of the river. In our opinion these results indicate the potential for the majority of the basin to contain lithium rich brines.”
Click here to access the entire press release.