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Westwater Resources Completes Geophysical Data Analysis and Commences Exploration Drill Planning at Sal Rica Lithium Project
CENTENNIAL, Colo., Dec. 18, 2017 (GLOBE NEWSWIRE) -- Westwater Resources, Inc. (Nasdaq:WWR) (“WWR” or “Westwater”) is pleased to announce that it has completed
About this update from Westwater Resources, Inc.
[{"type":"text","content":"CENTENNIAL, Colo., Dec. 18, 2017 (GLOBE NEWSWIRE) -- Westwater Resources, Inc. (Nasdaq:WWR) (“WWR” or “Westwater”) is pleased to announce that it has completed an evaluation and analysis of previously acquired geophysical data covering the Sal Rica lithium brine exploration project in the Pilot Valley of western Utah, and we have now commenced exploration drill program planning and permitting. Highlights of the completed geophysical program at Sal Rica include: The analyzed geophysical data was assembled from over 1,016 gravity stations across the entirety of the Pilot Valley, including a private dataset containing 841 gravity stations acquired by WWR in June 2017. The data was compiled, modeled, and analyzed by a consulting geophysicist under contract with WWR; Geophysical modeling and interpretation of this data indicating that Westwater’s mineral rights cover both the deepest portion of the structural basin, as well as the younger, shallow and currently active evaporative basin. Both of these geological features are identified as attractive exploration targets; and Gravity data modeling indicating that the structural basin has a depth of approximately 8,000 feet, and the sequence of active, shallow basin evaporites extend to a depth of approximately 1,300 feet, with both areas having potential to host lithium-enriched brines. The completed geophysical data interpretations have also been reviewed to determine geospatial relationships with WWR’s previously completed shallow brine sampling program across the Sal Rica project that highlighted the wide-spread distribution of anomalous lithium (values up to 100 ppm) in near-surface brines within the active evaporative basin area (see September 18, 2017 news release). This integrated geological, geochemical and geophysical data set will be used to develop and permit an exploration drill program, targeted to commence in the first half of 2018. “This detailed geophysical analysis confirms the excellent exploration potential of our property in the Pilot Valley,” said Chris Jones, President and Chief Executive Officer. “Combined with our strongly anomalous brine sampling results, we have another compelling reason to advance our lithium brine exploration activities at the Sal Rica Project.” About Westwater WWR or the “Company” (formerly Uranium Resources, Inc.) is...