Cadence Minerals PLC’s (LON:KDNC) 16.5% associate Macarthur Minerals has commenced its second soil sampling program at its Stonewall lithium project in Lida Valley, Nevada.
The Lida Valley basin is adjacent to Clayton Valley, which hosts North America's only producing lithium mine, Albemarle's Silver Peak Lithium Mine.
Macarthur has commenced an extensive sampling across the full extent of the placer claims at Stonewall to provide a property wide view of lithium distribution contained in the basin fill sediments.
This sampling will also allow for a partial indication of the lithium content of the deeper sediments. At present, the exact depth and composition of the sediments in the basin are unknown.
Macarthur's geological team expects sediments to be at least 92 meters (300 feet) deep and most likely deeper.