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Grounded Lithium Provides Positive Operational Update on Recent Lithium Test Well and Associated Concentration Results
Grounded Lithium Provides Positive Operational Update on Recent Lithium Test Well and Associated ...
About this update from Grounded Lithium Corp
[{"type":"text","content":"\n \n \n \n Grounded Lithium Provides Positive Operational Update on Recent Lithium Test Well and Associated Concentration Results\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n Dec. 13, 2022\n \n \n /CNW/ - (TSXV: GRD) (OTCQB: GRDAF) - Grounded Lithium Corp. (\"\n \n GLC\n \n \" or the \"\n \n Company\"\n \n ) is pleased to announce results from recent field activities. GLC drilled the second ever dedicated lithium well (the \"\n \n 4-15 Well\n \n \") in the Province of\n \n Saskatchewan\n \n during the summer of this year.  Completion work, along with extensive analysis and interpretation of the completion results ensued over the last several months. This was combined with other associated field work with respect to lithium concentration testing on both the 4-15 Well and third-party wells in the surrounding area. The Company has been diligent in advancing operational results to determine the extent and economic potential of our Kindersley Lithium Project (\"\n \n KLP\n \n \").  The Company has also commissioned an updated technical report pursuant to National Instrument 43-101 –\n \n Standards of Disclosure for Mineral Projects\n \n (\"\n \n NI 43-101\n \n \") (the \"\n \n Technical Report\n \n \").  The Company materially added to the KLP land base as well as securing additional key data since the publishing of the inaugural KLP NI43-101 Technical Report and will communicate results of our new Technical Report once finalized.\n \n \n \n \n \n \n \n \n \n \n 4-15 Well Deliverability Results\n \n \n \n GLC drilled the 4-15 Well in seven days from spud to rig release demonstrating a critical component of an economic project. Shallow depth directly correlates into reduced drilling days which in turn directly correlates to minimized capital costs and enhanced project economics. Seven inch casing was cemented in place into the top of the Duperow formation at 966 meters and then the rig further drilled out to a total depth of 1,145 meters. The well provided 179 meters of...