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Eureka drill permit approved by the BLM
Eureka drill permit approved by the BLM Eureka drill permit approved by the BLM ...
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[{"type":"text","content":"\n\n\n\nEureka drill permit approved by the BLM\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.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\nEureka drill permit approved by the BLM\nCanada NewsWire\nVANCOUVER, July 25, 2016\n\n\n\n\n\n\nVANCOUVER, July 25, 2016 /CNW/ - Eureka Resources Inc. (\"Eureka\" or the \"Company\") (TSXV: EUK) is pleased to report that the Bureau of Land Management has approved the permit for drilling at the Gemini Lithium Project (\"Gemini\" or the \"Project\") located in the Lida Valley, Nevada.\n\nThe Gemini Project consists of 247 placer mining claims totalling 4,940 acres (2,000 hectares). Gemini hosts two deep sub-basins that have the potential for lithium-bearing brines similar to the proven lithium brine deposits located in the Clayton Valley. Lithium occurs in economic quantities within brines in the Clayton Valley where the only producing lithium mine in North America is located. Gemini is situated in a similar geologic environment and is 40 kilometres southeast of the Clayton Valley, however that is not necessarily indicative of the mineralization on the Gemini Project.\n\nThe objective of the drilling is to confirm, first, that the anomalies identified in the TDEM surveys conducted earlier this year contain brines and second, to determine the chemical composition of those brines.\n\nAbout the Gemini Lithium Project\n\nThe exploration strategy at Gemini is to target desert sub-basins, or playas, that exhibit similar geological and geophysical characteristics to the Clayton Valley basin where lithium brines are known to accumulate. The Clayton Valley hosts North America's only producing lithium mine 40 kilometres (26 miles) to the northwest of Gemini. Such desert sub-basins can be delineated by gravity surveys that detect strong gravity lows. A geophysical gravity survey carried out in 2012 and 2013 indicated strong gravity lows at Gemini West and Gemini East, two faulted sub-basins located approximately 7 kilometres (4.5 miles) apart and each interpreted to be hundreds of metres deep. To view maps of Gemini visit: https://www.eurekar...