Bacanora Minerals Ltd. announced that it has received drilling results from all of the 24 reverse circulation drill holes that were completed on the southern half of the Buenavista concession in December. The Buenavista concession forms part of the lands held by Megalit S.A. de C.V. which is 70% owned by Bacanora and 30% owned by Rare Earth Minerals PLC. Megalit is part of the Sonora lithium project.

Highlights of the drill program are as follows: three kilometres of strike length of the lithium-bearing clays on the southern half of the concession were tested. The three kilometres on the northern half of the concession, as well as portions of the strata that continue onto the adjoining Megalit concession, remain untested; significant lithium values (i.e. greater than 1,000 ppm Li) were found in 13 of the 24 holes; of those 13 holes, 11 reported significant thicknesses and grades of lithium-bearing clays, as tabulated below; lithium values of individual 1.0 metre samples, within the significant intervals, range from 336 to 2,210 ppm Li; and the lithium-bearing clays crop out at surface and dip gently to the east, providing a target for potential low strip ratio, open pit mining of the clays.