NetworkNewsBreaks – Standard Lithium Ltd. (TSX.V
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Posted On: 03/20/2019 3:25:48 PM
NetworkNewsBreaks – Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) Engages WorleyParsons’ Advisian to Complete PEA of its Flagship Project in Southern Arkansas
Lithium-focused exploration company Standard Lithium (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) today announced that it has engaged Advisian, the consulting arm of WorleyParsons Canada Services Ltd., to complete a Preliminary Economic Assessment (“PEA”) of its flagship 150,000 acre project located in the south-central region of Arkansas. Expected to be completed near the end of Q2 2019, the AACE Class 5 PEA, with a projected accuracy for CAPEX and OPEX of +/- 50 percent, will be established using a baseline production of approximately 20,000 tonnes per annum (“TPA”) of lithium carbonate. “Myself and the Standard Lithium team are very familiar with the high level of quality and technical rigour that Advisian will bring to this PEA,” Standard Lithium President and COO Dr. Andy Robinson commented in the news release. “Their deep experience in the lithium brine processing and crystallisation world, combined with a long track record of working in the US Gulf Coast region is ideal for evaluating Standard Lithium’s unique and advanced lithium brine project in southern Arkansas.”
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 exploration company Standard Lithium (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) today announced that it has engaged Advisian, the consulting arm of WorleyParsons Canada Services Ltd., to complete a Preliminary Economic Assessment (“PEA”) of its flagship 150,000 acre project located in the south-central region of Arkansas. Expected to be completed near the end of Q2 2019, the AACE Class 5 PEA, with a projected accuracy for CAPEX and OPEX of +/- 50 percent, will be established using a baseline production of approximately 20,000 tonnes per annum (“TPA”) of lithium carbonate. “Myself and the Standard Lithium team are very familiar with the high level of quality and technical rigour that Advisian will bring to this PEA,” Standard Lithium President and COO Dr. Andy Robinson commented in the news release. “Their deep experience in the lithium brine processing and crystallisation world, combined with a long track record of working in the US Gulf Coast region is ideal for evaluating Standard Lithium’s unique and advanced lithium brine project in southern Arkansas.”
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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