2 or 365,479 acres) in three key areas of higher lithium brines and adjacent to permits held by E3 Lithium Ltd., LithiumBank Resources Corp., and Highwood Asset Management (see Figures 1, 2 and 3). Mr. Bradley Parkes, who joined the Board of Directors, became interim VP Exploration in October 2022 and has extensive experience in oil and gas exploration, states: "Our strategy of permit selection is balancing geological theory with: adequate stand-alone project size, excellent widespread well infrastructure for brine testing and sampling purposes, proximal to wells recording lithium brine levels between 72 and 130mg/l, over portions of the reef that are most prospective for lithium brine and better porosity. Our permits are deliberately chosen on the edges of reefs which tend to have higher porosity. This would imply better reservoir flow productivity than in reef crests." Figure 1: Company Permit Areas and Extent of Li-rich formation water in west-central Alberta (after D.R. Eccles1 and H. Berhane – Alberta Geologic Survey) Figure 2: Fox Creek Lithium Brine Project (Indigo Permits in purple) Figure 3: Leduc-Legal Lithium Brine Project (Indigo Permits in purple) The acquired permits are in proximity to wells recording lithium brine levels between 72 and 130mg/l from […]
CamTrader offers a preview only. View original article. www.juniorminingnetwork.com
