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LSC Lithium Corp.
Summary
| Project: | Pozuelos | |
|---|---|---|
| Deposit: | Pozuelos | |
| Location: | Argentina | |
| Commodities: | Lithium | |
| Date: | 11/14/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 14-11-2018: LSC Lithium Corp. announces an Exploration/Drilling Update report for its Pozuelos deposit at the Pozuelos project. Drilling results incl. 358m @ avg 582.2mg/l Li from 0m . TORONTO, ONTARIO – November 14, 2018 - LSC Lithium Corporation (“LSC” | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Donald H. Hains (Hains Engineering Compnay Ltd.) | |
| ABSTRACT: | TORONTO, ONTARIO – November 14, 2018 - LSC Lithium Corporation (“LSC” or together with its subsidiaries, the “Company”) (TSXV:LSC) is pleased to announce that it has received the remainder of the results from two exploration holes completed at the Pozuelos-Pastos Grandes (“PPG”) Project. LSC’s President and CEO Ian Stalker, noted, “These are excellent exploration results and continue to increase our confidence in the PPG Project. It underscores the robustness of the Project and our decision to take this Project towards a PEA. These results will be incorporated into an updated resource estimate for the Salar de Pozuelos, which is expected to be released before the end of November. These new holes and pump tests recently completed at Pozuelos reflect the potential of high grade lithium brine in the central section of the salar. They also open up a new zone of higher grade lithium brine with excellent porosities in the north east of the salar.” Pozuelos Hole PZ-18-02 Hole PZ-18-02 was drilled down to a depth of 358m below surface. The aim of this hole was to explore the north east section of the salar, where previously only limited information was available. This hole was sited using the previously obtained seismic data and was aimed to explore for brine as well as to determine the actual depth of the basin in the north east sector. The intersected lithologies in this hole are clastic sediments from surface down to a depth of 329.45m below surface and basement from 329.45m to the end of hole at 358m. | |
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