Why can't Rodinia publish releases like this???Someone should teach the IR at Rodinia to write like this.
It explains the news release much better than the actual press release!!
Hey Rodinia Investor Relations(IR), "take some pointers would yah!!!!!"
Maybe then your press releases would get noticed.
Anyhow it is all good!!!
https://www.proactiveinvestors.com/companies/news/18572/rodinia-lithium-confirms-high-brine-quality-grade-at-argentina-project-18572.html
Rodinia Lithium confirms high brine quality, grade at Argentina project
10:21 am by Deborah Sterescu
Rodinia Lithium (CVE:RM)(OTCQX:RDNAF) confirmed Tuesday the positive properties of the acquifers at its Salar de Diablillos lithium-brine resource in Salta province, Argentina, including brine quality, grade and lithologies.
Typically, when lithium is recovered from brine (considered the more economical and environmentally friendly process as opposed to hard rock), brine is pumped from subsurface aquifers, through a circuit of evaporation ponds to increase concentration.
High grades, favourable lithologies, low magnesium ratios and high specific yield rates are required to ensure enough contained brine will drain out of a formation by pumping.
The Salar de Diablillos project contains a recoverable inferred brine resource of 2.8 million tones lithium carbonate equivalent from an in-situ inferred brine resource of 4.9 million tonnes lithium carbonate equivalent.
Diamond drilling on the project is ongoing, with the company having completed six drill holes so far, for a total of 1,008 vertical metres.
Drilling has consistently intersected sand and gravel dominant lithologies, the company said, with recoveries of between 10% and 100%, an important insight into what Rodinia's eventual production scenario should look like as brine typically flows much better when in loose sand and gravel, producing acquifers with high specific yield values.
Sections with high recovery were sent for granulometric analysis, with results varying between 85% and a whopping 95% fine sand, or greater diameter grain size.
Rodinia said that during diamond drilling, hole D-DD-01 intersected 150 metres grading 521 mg/l lithium (Li), 5,254 mg/l potassium (K), 660 mg/l boron (B). The fractured basement, which was encountered from 189 metres to the end of hole, was saturated with lithium brine averaging 557 mg/l lithium.
This hole was drilled in the northeastern portion of the Salar, where intersections consistent with the one observed in D-DD-01 are expected, the company added.
Further, hole D-DD-02 encountered "heavy artesian" conditions, with the brine shooting up through the drill hole like an oil geyser, suggesting that the brine flows quite freely and is under pressure to escape, meaning it is expected that not much pumping is needed to get the brine out - another positive for the economics of the project.
The heavy artesian conditions in this hole limited brine sampling to irregular intervals, the company said, but all values collected between 46 metres and 156 metres depth averaged 510 mg/l of lithium.
"Confirming the positive properties of the acquifers, from brine quality and grade to favourable lithologies, is an important step in increasing certainty and de-risking the project," said president and CEO of Rodinia, William Randall.
"We have now drilled and sampled the deposit with various different methodologies and have found consistent and positive results throughout. In addition, we have now completed our first pump test with final results expected shortly."
In August, the company announced that an additional, fourth acquifer was identified by fracturing what was thought to be the deposit basement through diamond drilling, potentially increasing the resource at the site.
Economical brine sources of lithium were rare until several salars in the Andes Mountains of South America were discovered to contain significant deposits of lithium salts. This is because it is generally not found in high concentrations, leaving few mineral and brine deposits with sufficient size and grade that are of commercial interest.
Lithium's characteristics make it suitable for a number of uses, but for many years, the metal was used mainly in the production of ceramics, glass and as a strong aluminum alloy. However, demand for lithium has since boomed due to the advent of the rechargeable lithium-ion battery, used in anything from watches and cell phones, to BlackBerrys, iPods and for electric vehicles, power tools and military equipment.
Rodinia is poised to benefit from this growing demand. The Salar de Diablillos project, which is also being explored for the commercialization of a potash co-product through the lithium harvesting process to boost economics, also contains a recoverable inferred brine resource of 11.2 million tonnes potassium chloride equivalent, from an in-situ inferred brine resource of 19.83 million tonnes potassium chloride equivalent.
Throughout the year, the company has been continuing to develop the project in an effort to advance the asset through to a preliminary economic assessment.
The Diablillos property is located approximately 145 kilometres southwest of the city of Salta, a few kilometers north of the border between the Provinces of Salta and Catamarca, Argentina.
Rodinia’s property covers the entirety of the Salar de Diablillos nucleus, and a vast majority of the margin land with only approximately 600 hectares in the hands of private individuals.
The company's shares rallied nearly 2.3% on Tuesday morning, to trade at
.225 as of 10:16am EDT.