Bacanora Lithium Ltd (LON:BCN) said the feasibility study for its 50%-owned Zinnwald lithium project in Germany continues on track for completion by June 2019.
The company revealed that, following the completion of the infill drilling programme in December last year, assay results are currently being collated.
READ: Bacanora expands potential of Zinnwald with acquisition of new exploration ground
Work on updating the resource estimates in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects (NI 43-101) will commence this quarter and will be followed by mine design and mine planning activities.
Work on the processing flow sheet has progressed through the crushing, grinding and magnetic separation stages and roasting test-work is now in progress. Once this work is completed the metallurgical test-work will focus on the production of high-value downstream lithium products, facilitated by access to product reagents from the chemical industries located in Dresden, Bacanora said.