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Reedy Lagoon Corporation Ltd.
Summary
| Project: | Nevada Lithium | |
|---|---|---|
| Deposit: | Columbus Marsh | |
| Location: | United States | |
| Commodities: | Lithium | |
| Date: | 8/28/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 28-8-2018: Reedy Lagoon Corporation Ltd. announces an Exploration/Drilling Update report for its Columbus Marsh deposit at the Nevada Lithium project. No significant assays returned from drilling at Columbus Salt Marsh. Geophysical Survey Results Received | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Geoff Balfe (Internal) | |
| ABSTRACT: | Geophysical Survey Results Received Reedy Lagoon Corporation Limited (ASX:RLC) has received results for the 3D Audio Magneto Telluric (AMT) survey carried out on its Alkali Lake North property in Nevada, USA. The results indicate a linear conductive body extending more than 2,000 metres horizontally at a depth of about 500 metres adjacent to a major fault. The conductive body is indicated in the 3D-AMT data to have a vertical thickness of over 100 metres. The Company interprets the conductor to be potentially caused by multiple brine aquifers within sediments over a vertical interval of more than 100 metres. | |
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