Lithium Energy ramps up the drilling at Solaroz Lithium Brine Project

Lithium Energy’s maiden drillhole has now extended into the primary target deep sandstone lower aquifer to a depth of ~335m with drilling ongoing as exploration continues at its Solaroz project in Argentina.

Lithium Energy (ASX:LEL) says assay results continue to be received as drilling progresses with further results of Packer Samples returning significant lithium concentrations of up to 555mg/L lithium.

“Encountering the target deep sand unit in our maiden drill hole at Solaroz is another very positive milestone for the company, further increasing confidence in our geological model for Solaroz,” LEL executive chairman William Johnson says.

“With sampled lithium grades up to 555 mg/l lithium and generally continuing to increase with depth, Lithium Energy remains highly encouraged by these early results for our first drillhole.”

Second drill rig to join the team

A second drill rig has been secured, which will allow LEL to accelerate the drilling program and move more quickly towards establishing a maiden JORC resource of lithium at the project.

The next two drill holes will be located to the north of SOZDD001, to test deeper conductive targets interpreted to contain lithium rich brines within the Chico 1 and Chico 5 concessions.

LEL says the drill rig will mobilise on site during November.

Result discussion

Progressive assay results continue to be received in the maiden drill hole, with new assay results now having been received from Packer Samples 7, 8 and 9.

The increase in lithium concentration – up to 555mg/l, conductivity and density generally at depth is encouraging, as it indicates a hydraulically linked system with heavier brines (with higher concentrations of lithium) sinking to the bottom of the aquifer.

Furthermore, measured flow test rates of up to approximately 17 litres/minute through a restricted hose are a positive indicator for potential future brine extraction.

Further test work

Lithium Energy is also routinely (every 8 metres) preparing core samples for brine extraction and chemical analysis and specific yield and porosity test work.

The core samples will be sent to a US-based laboratory for specific analysis/test work that is currently unable to be performed in Argentina.

This test work will provide the detailed information which are necessary for the delineation of the maiden JORC Mineral Resource for Solaroz.

This article was developed in collaboration with Lithium Energy, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.