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Be the first with the news that moves the market- Alpha Lithium (ALLI) is expanding a second geophysics program to high-altitude operations at its Tolillar Project in northern Argentina
- The program will focus on the southern portion of the property and follows the success of earlier work that focused on the northern region
- Conhidro SRL has been contracted to carry out the work and is expected to record 31 data points over a two-week period
- The same high-powered Vertical Electrical Sounding geophysics methodologies will be used that delivered the promising results in earlier programs
- Alpha Lithium (ALLI) is currently steady at C$0.68 per share
Alpha Lithium (ALLI) is expanding a second geophysics program to high-altitude operations at its Tolillar Project in northern Argentina.
Located within the prolific Lithium Triangle, the project covers 27,500 hectares and consists of 10 exploitation concessions.
The program will focus on the southern 8,500-hectare portion of the Tolillar Project and follows the successful work that was previously completed to the north. It will use the same high-powered Vertical Electrical Sounding (VES) geophysics methodologies, which will be operated by the same team of five regional experts from Conhidro SRL.
Conhidro’s study will induce up to 800 volts of continuous current using a tetra-probe that measures electric current and resistivity, with the aim of characterising under ground lithology that may be related to the presence of brine.
The team is expected to record 31 data points over a two-week period.
The southwest portion of the Tolillar Project is characterised by basaltic flows, similar to that which has been seen at the Hombre Muerto Salar located 10 kilometres to the east.
What is particularly exciting, Alpha Lithium says, is the growing probability that the highly conductive, potentially brine-bearing zones identified in the north extend to the south, beyond previously collected geophysical data. These zones also appear to extend from the surface to a depth of between 400 and 450 metres.
Brad Nichol, President and CEO of Alpha Lithium, said the operational team, led by David Guererro, is already back in action at the project.
“Hot on the heels of an exceptionally successful, high-powered geophysics program, David and his team are eager to follow the obvious trend south and hope to unfold what may be a new and an exciting portion of this lithium-rich region.
“We continue the technical work to refine our drilling targets from the first survey and look forward to adding more drilling locations to the mix when we get the results of this latest VES survey,” he added.
Alpha Lithium (ALLI) is currently steady at C$0.68 per share at 12:12pm EDT.
