Argentina Lithium & Energy Corp (TSX-V:LIT, OTCQB:PNXLF) said it had completed geophysical surveys at its Rincon West lithium project in Argentina – with good results.
The Vancouver-based junior said that results had expanded the potential extent of conductive brine aquifers at the project and will be used to target drilling at the property, which is set to start in May.
The surveys provide electrical resistivity data capable of detecting and delineating conductive strata potentially associated with concentrated lithium brines, Argentina Lithium told shareholders.
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A total of 36.4 line-kilometres of transient electromagnetic (TEM) soundings surveys were completed at Rincon West. TEM soundings are an advanced reconnaissance technique frequently employed in the exploration of lithium salars.
"The TEM surveys suggest that interpreted brine aquifers extend substantially further west and south than indicated by earlier electrical surveys, demonstrating greater potential than expected by the previous owners,” vice president of exploration Miles Rideout said in a statement.
“These new geophysical data allow us to assess potential aquifer quality and depth prior to drilling, which is extremely advantageous for targeting."
Argentina Lithium said it expects prospective aquifer zones to exhibit resistivities below approximately 5 Ohm-m, based on published drill data and geophysics from similar salar projects. Brine-rich porous units are expected to produce resistivities on the order of 1 Ohm-m, it added.
Rincon West is located in Argentina’s Salta province.
Contact Angela at angela@proactiveinvestors.com
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