NetworkNewsBreaks – Standard Lithium Ltd. (TSX.V
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Posted On: 01/30/2018 5:47:32 PM
NetworkNewsBreaks – Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) Begins Resource Definition Work at Smackover Formation
Lithium-focused mining company Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) this morning announced that it has commenced detailed resource definition work at its recently optioned 33,000 acres of brine leases located in a highly prospective area of Southern Arkansas’s Smackover Formation. Per the update, the work integrates collection of new data from current well infrastructure with a large amount of previously available, high quality geological, geophysical and geochemical data. “One of the reasons that the Company aggressively pursued this lease package in the Smackover Formation was because we knew that not only was there was a wealth of high quality data already available to define the resource, but also several key professionals who could help us integrate and interpret those data,” Andy Robinson, president and chief operating officer of Standard, stated in the news release. “We’re now at the point where we can very quickly work through the resource assessment process and identify where we need to collect any additional data to ensure a robust and comprehensive understanding of the lithium brine resource potential. Execution of this very fast resource assessment process is part of Standard’s corporate strategy to move large potential resources as quickly towards production as we can.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Lithium-focused mining company Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) this morning announced that it has commenced detailed resource definition work at its recently optioned 33,000 acres of brine leases located in a highly prospective area of Southern Arkansas’s Smackover Formation. Per the update, the work integrates collection of new data from current well infrastructure with a large amount of previously available, high quality geological, geophysical and geochemical data. “One of the reasons that the Company aggressively pursued this lease package in the Smackover Formation was because we knew that not only was there was a wealth of high quality data already available to define the resource, but also several key professionals who could help us integrate and interpret those data,” Andy Robinson, president and chief operating officer of Standard, stated in the news release. “We’re now at the point where we can very quickly work through the resource assessment process and identify where we need to collect any additional data to ensure a robust and comprehensive understanding of the lithium brine resource potential. Execution of this very fast resource assessment process is part of Standard’s corporate strategy to move large potential resources as quickly towards production as we can.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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