For thousands of other reports visit RSC's Mineral Intellingence Map
Alset Minerals Corp.
Summary
| Project: | La Salada | |
|---|---|---|
| Deposit: | La Salada | |
| Location: | Mexico | |
| Commodities: | Lithium-Potassium-calcium-Magnesium | |
| Date: | 8/9/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 9-8-2017: Alset Minerals Corp. announces an Exploration/Drilling Update report for its La Salada deposit at the La Salada project. Average drillhole brine results incl. 14.4m @ 3.58% K, 975ppm Li, 535ppm B from 0m. Vancouver, British Columbia: Alset Miner | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Emily Hanson (Internal) | |
| ABSTRACT: | Vancouver, British Columbia: Alset Minerals Corp. (TSXV: ION) (“Alset” or “the Company”) is pleased to report that the phase one drilling program at La Salada salar in Zacatecas, Mexico has been completed. This is the first of 13 salars that will be tested. Alset has a 100% interest in 13 salars covering an area of approximately 4,500 hectares, all within 100 kilometres of the city of Zacatecas. Allan Barry Laboucan, President and CEO of Alset said: “This program at La Salada was the first chance for Alset to carry out a significant drill program to get a better understanding of the chemical compositions in the near surface brines as well as soils down to an average of 14 metres. An important attribute of our salars that became very clear was the cost of exploration compared to similar work in remote locations. We are experiencing the benefits of good roads and power that will continue to enhance the project as we move forward to do more testing to better understand the potential of La Salada and our other salars. In the event of a mine being built the infrastructure will continue to enhance the economic potential. Based on these results, we are now ready to move forward with metallurgical work to understand the leaching characteristics of the soils and to further explore for brine and aquifer potential at depth. In addition to the work completed at La Salada, we completed a first pass auger sampling program over Santa Clara, Saldivar, Caliguey, Colorada, Chapalla salars and some of our recently acquired salars. Those samples results are currently pending; we hope to report them in the next few weeks. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report