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LSC Lithium Corp.
Summary
| Project: | Rio Grande | |
|---|---|---|
| Deposit: | Rio Grande | |
| Location: | Argentina | |
| Commodities: | Lithium | |
| Date: | 1/24/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 24-1-2018: LSC Lithium Corp. announces an Exploration/Drilling Update report for its Rio Grande deposit at the Rio Grande project. Lithium brine drilling returns range of 375mg/l to 657mg/l Li over 90m. TORONTO, ONTARIO – January 24, 2018 – LSC Lithium Co | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Donald H. Hains (Independent) | |
| ABSTRACT: | TORONTO, ONTARIO – January 24, 2018 – LSC Lithium Corporation (“LSC” or together with its subsidiaries, the “Company”) (TSXV:LSC) is pleased to announce drill results from its Rio Grande lithium in brine project located in the Argentinian section of the Lithium Triangle. These verification program results verify and support historic drill hole results which established wide spread lithium mineralisation over the 18,000 ha salar surface. The Company’s CEO Ian Stalker commented “This eight hole verification program intersects extensive lithium mineralisation on this large 18,000 ha salar surface. Furthermore, recently announced CS-AMT results indicate that the mineralisation drilled could extend to in excess of 500m below surface in two depositional centers of the salar in the north and center respectively. We intend to test these deeper targets as part of the 2018 Mineral Resource upgrade program”. The aim of the eight hole drill program was to verify the historical results reported for 33 holes drilled across the salar by ADY Resources Ltd. (“ADY”). These results, including those reported by LSC, will be utilised in the NI 43-101 Mineral Resource estimate which is planned for issue by the end of February 2018. The ADY drill holes were all terminated at approximately 50m below surface. A decision to extend the LSC drill holes to a planned 100m was made to test potential high-grade lithium mineralisation at depth. This has proved successful as lithium mineralisation down hole trends tend to increase in grade at depth. | |
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