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Lithium Energy Products Reports on the CSAMT/MT Survey Results on the Jackpot Lake Lithium Property, Nevada
(via TheNewswire) -Evidence of large quantities of highly concentrated bri...
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[{"type":"text","content":"Lithium Energy Products Reports on the CSAMT/MT Survey Results on the Jackpot Lake Lithium Property, Nevada(via TheNewswire)\n \n \n-Evidence of large quantities of highly concentrated brines throughout the Jackpot Lake property. \n\n\n \n-Evidence of highly concentrated brines predominating the basin at over 380 meters of depth across a 5km by 2km area.\n\n\n \n-Future Drilling Sites for Sampling Identified.\n\n\n \n-Large closed sedimentary basin overlying basement rock with no inlet or outlet.\n\n\n \nVANCOUVER, BRITISH COLUMBIA, CANADA / TheNewswire / June 19, 2017 - LITHIUM ENERGY PRODUCTS INC. (\"Lithium Energy Products\" or \"LEP\" or the \"Company\") (TSX-V: LEP) (FRANKFURT: N8I) reports positive results from the geophysical controlled source audio magnetotellurics/magnetotellurics (CSAMT/MT) survey conducted at their Jackpot Lake Project in Nevada. \n\n\n \nJames Walker, CEO of LEP said, \"The results from this CSAMT survey are very positive. We now have evidence of possessing highly concentrated brines which are relatively near the surface. We are now confident enough to progress towards drilling and sampling programs so we can advance this project. The anomaly defined by the CSAMT survey has demonstrated a large volume approximately 5km by 2km with depths of over 380 meters. These results combined with our Gravitational Survey results - which indicated a closed basin - have provided us the evidence of favorable characteristics we were hoping to observe.\"\n\n\n \nThe CSAMT survey results of the Jackpot Lake Project demonstrate a large consistent body of very low resistivity - consistent with highly lithium concentrated brine behavior - throughout the property, predominantly above bedrock depths of 625 meters (as modeled in the April 2017 Lithium Energy Products gravity survey).\n\n\n \nRead More:\n\n\n \n(http://docs.wixstatic.com/ugd/f57d32_bbf44c32fa8f49e1a66ab6c65a80a60e.pdf)\n\n\n \n(http://www.lithiumenergyproducts.com/video-jackpot-lake-csamt-mt-survey)\n\n\n \nThe CSAMT Survey and report was conducted and prepared by Hasbrouck Geophysics, who has extensive experience of both surveying and data processing for brine-bearing basin environments across the southwestern U.S. Hasbrouck Geophysics noted that \"based upon experience in other basins... values less than or equal to 2.7 ohm-meters resistivity (possibly ind...