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American Salars Lithium Submits Samples for Assay from Nevada Black Rock South Lithium Brine Project
VANCOUVER, BC, June 26, 2024 (GLOBE NEWSWIRE) -- AMERICAN SALARS LITHIUM INC. ("AMERICAN SALARS" OR THE "COMPANY") (CSE: USLI, OTC: ASALF, FWB: Z3P, WKN: A3E2NY
About this update from American Salars Lithium Inc.
[{"type":"text","content":" VANCOUVER, BC, June 26, 2024 (GLOBE NEWSWIRE) -- AMERICAN SALARS LITHIUM INC. (\"AMERICAN SALARS\" OR THE \"COMPANY\") (CSE: USLI, OTC: ASALF, FWB: Z3P, WKN: A3E2NY) announces it has received confirmation that the ALS Geochemistry Laboratory in Reno Nevada has received 121 samples collected from the Company’s 100% owned Black Rock South Lithium Brine Project, located 11 miles north of the “Galt” claim group under option to Surge Battery Metals (CSE: NILI). Samples will be processed using Boyd RSD rotary crushers and splitter with a 180-micron (80 mesh) sieve, aqua regia digestion, and 41 multi-element ICP-AES analysis (code ME-ICP41). Black Rock South Highlights 58 soil samples were collected across and around the Black Rock South property Land Research was completed in the vicinity of the property 63 prospecting samples were collected The Company’s global lithium portfolio consists of two advanced lithium resources in Argentina and our advancing USA lithium asset in Nevada. About Candela II Lithium Deposit The Candela II Lithium deposit is on the southern and lowest end of the Incahuasi Salar, located in the Province of Salta, Argentina. Candela II is situated approximately 45 kilometers from town of Tolar Grande, 267 kilometers from Salta, and close in proximity to advanced and renowned lithium salars such as Arizaro (Lithium Chile) and Pocitos (Hanaq). Volcanoes Cerro Aracar, Medina and Pular contribute lithium to the Incahuasi salar through aquifers. Figure 1. Road on Candela II Lithium Brine Project 2022 (Salta, Argentina) The Candela II Lithium Brine Project contains a National Instrument 43-101 mineral resource estimate (“MRE”) completed by WSP Australia Pty. Ltd. (see Spey Resources Corp. news dated September 26th, 2023). This NI 43-101 resource report estimates the project to contain lithium metal of 86,000 tonnes which equates to 457,500 tonnes of in-situ lithium carbonate equivalent (LCE) and a lithium yield of 48,000 tonnes of LCE from 9,000 tonnes of lithium metal. The calculations assume no losses from lithium metal and a porosity average that will be updated in the next drilling phase. About Pocitos 1 Lithium Deposit WSP Australia completed an update of the NI 43-101 report initially written by Phillip Thomas QP in June 2023 and estimated on an inferred basis using a block model with 6% and 14% porosity...