https://www.miningweekly.com

Lithium X files first compliant resource estimate for Argentina-based Sal de los Angeles

31st August 2016

By: Henry Lazenby

Creamer Media Deputy Editor: North America

  

Font size: - +

VANCOUVER (miningweekly.com) – Vancouver-based lithium upstart Lithium X has filed a maiden Canadian National Instrument 43-101-compliant resource estimate for its flagship Sal de los Angeles project, in Argentina, establishing it as a large and high-grade project.

Prepared by Chile-based FloSolutions, the technical report estimated Sal de los Angeles to hold 194 860 t of lithium in the indicated resource category at an average grade of 501 mg/ℓ, which can be processed into 1.04-million tonnes of lithium carbonate equivalent (LCE), and 2.14-million tonnes of potassium at an average grade of 5 512 mg/ℓ, for 4.09-million tonnes potassium chloride (KCl) equivalent – also known as the plant nutrient, potash. 

The resource estimate also established an inferred resource of 189 130 t of lithium at 410 mg/ℓ for one-million tonnes of LCE and 2.07-million tonnes of potassium at 4 489 mg/ℓ for four-million tonnes KCl equivalent.

“This resource estimate confirms the significance of the Sal de los Angeles deposit and will form the basis of a feasibility study. Our experienced operating team, led by [former Rockwood Lithium Latin America president and CEO] Eduardo Morales, continues with ongoing processing and engineering work. These are major steps towards bringing Sal de los Angeles into commercial production,” Lithium X founder and CEO Brian Paes-Braga stated on Tuesday.

The deposit, which has a footprint of 55 km2, is open to the north, where Lithium X has the opportunity to grow the resource through further drilling.

“The indicated resource defines a high-grade core in the northern portion of the basin that will be the focus of further work leading to the design of a production wellfield in this area. We expect to continue advancing the project at a fast pace and converting the indicated resource into reserves,” advised executive chairperson Paul Matysek.

Lithium X added that the low magnesium-to-lithium ratio had been shown to be a significant factor in reducing the use of common reagents employed during lithium concentrate production using conventional solar ponds.

Edited by Samantha Herbst
Creamer Media Deputy Editor

Comments

The content you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION