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Bullboard - Stock Discussion Forum Advantage Lithium Corp AVLIF

Advantage Lithium Corp is engaged in the acquisition and exploration of lithium properties. It operates in single segment namely the exploration and development of unproven exploration and evaluation assets. The company's principal business objective has been the identification and evaluation of companies, businesses, properties, or assets with a view to acquisition or participation therein... see more

OTCQX:AVLIF - Post Discussion

Advantage Lithium Corp > 10:30 AM EST, 01/17/2018 (MT Newswires)
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Post by surveyor2582 on Jan 17, 2018 4:08pm

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."

Comment by pone on Jan 18, 2018 12:49am
Can someone explain what is the significance of finding sandy sediment for a lithium brine project?
Comment by eebler on Jan 19, 2018 9:50am
Lithium extraction of this nature is based on pumping water through material laden with minerals to turn it into a soluble form, where it is then pumped to the surface and evaporation returns it to its mineral form.  You want material where the minerals have not bonded/mixed with the sediment well so that when "washed" with water the minerals are converted to a soluble form that is ...more  
Comment by PetroLoonie1 on Jan 19, 2018 10:51am
Lithium Brine Deposit Model Further to this see link below for good USGS piece on lithium brine deposit model https://pubs.usgs.gov/of/2013/1006/OF13-1006.pdf