RE:RE:RE:RE:RE:NEWS! What does this mean for PE?Clutchan: I was sure that I had seen LIX doing an agreement with Tesla, but I must have been mistaken, as I can not find any writeup on that, so you are correct.
One advantage with this setup from the top of my mind is of course you will utillize the processing plant to a much higher degree, sourcing lithium from both caims.
I also have high hopes for the northern part of LIX claim. There i high chance for good grade lithium there. For reference Nevada Sunrise Gold corp have done drilling in close proxcmity to northern claim and have found this:
CNE-17-04 Technical Details
CNE-17-04 was completed to a depth of 609.6 metres (2,000 feet), intersecting the base of the Clayton Valley salar sedimentary basin at 579.12 metres (1,885 feet). Drilling has intersected typical Clayton Valley strata consisting of alternating layers of gravel, volcanic ash and clay as well as units consisting of carbonate deposits and other evaporites. A total of 80 grab groundwater samples were collected as brine-bearing formations were encountered. Anomalous lithium results with average concentration of 243.44 mg/l were obtained from six (6) discrete brine-bearing formations intersected over a 469.39 metre section (from 140.21 to 609.6 metres) within the Salt Aquifer, Main Ash Aquifer, Tufa Aquifer, Lower Aquifer System, Lower Gravel Aquifer, and a possible fractured bedrock aquifer.