- Alpha Lithium (ALLI) has completed a Vertical Electrical Sounding (VES) campaign across a portion of its Salar del Hombre Muerto project
- The results of the campaign indicate the presence of three large units, all of which are expected to be productive ranging between 40 metres to more than 500 metres in depth
- The Vancouver-based resource exploration company intends to commence drilling operations in Hombre Muerto in Argentina’s Lithium Triangle as soon as possible
- Alpha Lithium Corp. (ALLI) is down 4.17 percent, trading at $1.15 at 11:20 am ET
Alpha Lithium (ALLI) completed a Vertical Electrical Sounding (VES) campaign across a portion of its Salar del Hombre Muerto project.
The company controls more than 50 square kilometres in the prolific Hombre Muerto salar and the results of this VES campaign indicate the presence of significant subsurface brine bodies on the Santo Tomas property.
These bodies are divided into three large units, all of which are expected to be productive ranging between 40 metres to more than 500 metres in depth.
Alpha President and CEO Brad Nichol stated that Hombre Muerto is quickly becoming the next growth engine for the company.
“In Hombre Muerto, we are surrounded by intense exploration and exploitation of lithium enriched brines by multinational corporate giants. Through those exploits, and the unmatched 25-year production history, Hombre Muerto is well understood to be one of the most desirable lithium brine locations in the world. The results of this VES survey indicate significant similarities to the surrounding world-class assets of our immediate neighbors.”
The Vancouver-based resource exploration company intends to commence drilling operations in Hombre Muerto in Argentina’s Lithium Triangle as soon as possible.
Alpha Lithium Corp. (ALLI) is down 4.17 percent, trading at $1.15 at 11:20 am ET.
