Montero Mining and Exploration Ltd. (TSXV:MON) announced that it has completed lithium assaying for all of the available reverse-circulation (RC) chips from a historical RC drill program completed at its Soris lithium project. The project’s prior operator did not assay for lithium.
As quoted in the press release:
The results have been assessed and positive lithium values from inclined and vertical drill holes have been returned from the spodumene pegmatite intercepts.
In 2015 a total of 31 RC drill holes were completed to test for tantalum and tin in the Main and Southern pegmatite occurrences on the Soris property. A total of 1,536 samples from these holes were sampled every metre where pegmatite was intersected. Of these, 1,097 samples have been matched to 24 of the historical RC holes. The pulps from the 1 metre sample intervals were originally submitted for chemical analysis for tantalum and tin at Genalysis in Perth, Australia. Montero has subsequently analysed for lithium, cesium and rubidium from sample pulps from the same laboratory.
The results reported support that lithium bearing spodumene mineralization sampled at the surface is continuous in places within the pegmatites and extends to depth in the Main Workings zone.
Dr. Tony Harwood, president and CEO of Montero, commented:
Montero has completed its preliminary assay program and established significant concentrations of lithium mineralization within the spodumene pegmatites at surface and at depth on the Soris Lithium Project. Surface channel sampling conducted by Montero across the pegmatite returned lithium values over 14 metres of 1.93% Li2O. Re-assaying of the RC drill chips returned lithium oxide intercepts over 44 metres of 0.96 % Li2O, 25 metres of 1.26% Li2O, 22m at 1.05% Li2O and 21 metres at 1.12% Li2O. Montero is continuing its review of the data (including modeling of the existing drill data) and is designing an exploration and drill program to define a potential resource at Soris.