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MONUMENTAL MINERALS CORP. PROVIDES UPDATE FOLLOWING LAGUNA BLANCA CESIUM-LITHIUM BRINE PROJECT SITE VISIT
MONUMENTAL MINERALS CORP. PROVIDES UPDATE FOLLOWING LAGUNA BLANCA CESIUM-LITHIUM BRINE PR...
About this update from Monumental Energy Corp.
[{"type":"text","content":"\n \n \n \n MONUMENTAL MINERALS CORP. PROVIDES UPDATE FOLLOWING LAGUNA BLANCA CESIUM-LITHIUM BRINE PROJECT SITE VISIT\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 VANCOUVER, BC\n \n \n ,\n \n \n April 25, 2022\n \n \n /CNW/ - Monumental Minerals Corp. (\"\n \n Monumental\n \n \" or the \"\n \n Company\n \n \") (TSXV: MNRL) (FSE: BE5) (OTCQB: MNMRF) is pleased to provide an update on management's recent visit to its Salar De Laguna Blanca Cesium-Lithium Brine Salar Project (the \"\n \n Laguna Project\n \n \") (\n \n see Monumental Minerals news release dated\n \n April 21, 2022\n \n \n ).\n \n \n Members of Monumental's management team and board of directors (Fig. 1) visited a portfolio of Lithium Chile assets, including the Laguna Project, with representatives of Lithium Chile Inc. (TSXV: LITH). The Laguna Project was accessed by travelling 80 kilometres west from the town of\n \n San Pedro\n \n de Atacama via the paved road 27CH to the north end of Salar de Aguas Calientes, then along a truck - accessible trail heading north to the property (Fig. 2).\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n The long axis of the Laguna Blanca Salar is controlled by a major northwest-southeast trending fault that was observed during the site visit. This fault is interpreted to provide a structural conduit promoting brine interaction with felsic volcanics, including thick sequences of ignimbrites (volcanic ash), from which lithium and cesium were leached, transported, and subsequently concentrated in brines and sediments within the Laguna Blanca Salar (Fig. 3). Other salars in the area, including Salar De Helados (100% owned by Lithium Chile) were also visited by the Company during the site visit that related to this same fault structure. Brine-saturated and unsaturated sediment samples collected by Lithium Chile from the Laguna Project returned values of 0.145% and 0.069% lithium and cesium, respectively, and the highest concentrations form a trend parallel with the NW-SE structural trend (Fig. 4a and b). Brine sam...