LSC Lithium Corporation announces the completion of its first drill hole, SPG-2017-02B, in its 6 hole Phase 1 program on Salar de Pastos Grandes. The lithium assay results for this drill hole demonstrate consistent high grade thick mineralised zones to depth. The next 5 holes and pumping test program are expected to be completed by mid Q1 2018.
LSC’s President & Chief Executive Officer, Ian Stalker, noted that “Further to our recent news release on the completion of the Phase 1 drill program at our Pozuelos property, this latest result from Pastos Grande adds to the value we are creating and may significantly build onto our anticipated overall contained lithium inventory. Salar de Pastos Grandes is not fully held by any one owner. LSC owns approximately 45% of the Salar de Pastos Grandes and we are considering the feasibility and cost efficiency of pumping brine from our portion of the Salar directly to a central processing plant at our Salar de Pozuelos, 17 km away, rather than having two separate plants at each site. We are pleased with the progress to date and look forward to more results being produced by year end as we push on with completion of the NI 43-101 Mineral Resource reports highlighted previously”.
LSC Lithium has amassed a large portfolio of prospective lithium rich salars and is focused on developing its tenements located in five salars: Pozuelos, Pastos Grandes, Rio Grande, Salinas Grandes, and Jama. All LSC tenements are located in the "Lithium Triangle," an area at the intersection of Argentina, Bolivia, and Chile where the world's most abundant lithium brine deposits are found.
