NetworkNewsBreaks – Standard Lithium Ltd. (TSX.V
Post# of 86
Standard Lithium (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) this morning announced that Hasbrouck Geophysics Inc. has successfully completed a large-scale gravity geophysical survey at the company’s Cadiz Dry Lake Project located in the Mojave area of California. Hasbrouck Geophysics collected gravity readings from 89 new stations, integrated 85 public domain gravity stations, and integrated data over approximately 211 km2. Repeat readings of new stations ranged between 0.014 and 0.027 mGals, while the spread for base readings (both field and absolute) is between 0.009 and 0.015 mGals, representing that the data are of excellent quality. The results obtained from the survey will be used to plan additional exploration, including further geophysical surveys to identify Li-brine bearing zones and structural control. “The results from this high quality geophysical survey are very encouraging. This work has defined a closed basin with infill deposits that are known to host lithium brines, based on preliminary sampling of extraction wells operated by the permitted producer. Standard Lithium’s excellent relationship with the Project’s permitted operator will allow for further exploration of the deeper basin infill deposits under the existing permitted brine operations,” Standard Lithium president and COO Dr. Andy Robinson stated in the news release.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer