OTCQX:AVLIF - Post by User
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surveyor2582on Jan 17, 2018 4:08pm
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10:30 AM EST, 01/17/2018 (MT Newswires)
10:30 AM EST, 01/17/2018 (MT Newswires) TSXV-Listed Advantage Lithium Up 5% as Details Core Hole Results from Argentina Property
10:30 AM EST, 01/17/2018 (MT Newswires) -- Advantage Lithium (AAL.V) shares edged up 5.5% to $1.35 apiece on Wednesday after saying that the brine sampling of diamond core hole CAU15 at the Cauchari JV property in Argentina has intersected "extensive sandy sediments."
The company said in a statement that this confirms that the NW Sector at the mine in Jujuy Province contains relatively high drainable porosity and permeability south from CAU07 through CAU16 to CAU15.
CEO David Sidoo said: "We will evaluate the high grade brine further in the deepening of CAU07, with preparations underway to drill holes CAU17 and CAU18 as part of the 2018 drilling program in the NW Sector."