The flow test confirmed high lithium concentrations ranging from 77 to 148 mg/l within 3 zones targeted for future development within the Duperow beds (Figure 2).
The Wymark C zone tested 147 to 148 mg/l from a 11.6 m thick zone with average porosity of 10.4%.
The Wymark E zone tested 101 to 106 mg/l from a 4.9 m thick zone with average porosity of 12.7%.
The Wymark B zone tested 77 mg/l from a 16.9m thick zone with average porosity of 13.8%.
Wymark E | Wymark C | Wymark B | TOTAL LCE/Section | |
Ave Porosity LAS Value | 0.11 | 0.102 | 0.138 | |
Effective Porosity LAS Value | 0.102 | 0.094 | 0.128 | |
Net Thickness LAS Value | 4.86 | 9.67 | 16.19 | |
Li Conc Est Value | 103.4 | 148 | 76.9 | |
Brine por vol (per section) | 1,229,948 | 2,255,301 | 5,141,703 | |
Est Li in place (per section) | 127 | 334 | 395 | |
Calculated LCE Tonne per section | 677 | 1,777 | 2,105 | 4,558 |
Water Saturation .02, Formation Factor 1.023, Lithium converted to LCE using 5.323 |
These results now allow for the development of a four layer lithium brine project with brine concentrations expected in the 77 to 148 mg/l range. The Company expects to develop the four individual zones utilizing horizontal wellbores.
The Company is currently finalizing an 43-101 resource report for the area which is expected to be completed within Q1, 2023. In parallel with that the Company has begun working on the development plan and PEA which it hopes to have complete early in Q2 of 2023. Towards that goal the Company is currently working with a third party Direct Lithium Extraction (DLE) technology provider who is running the Company brine through pilot testing during Q1 of 2023 in order to finalize the process flow and costing required for a complete Preliminary Economic Assessment (PEA).
The Company continues to work on testing and evaluation of its Viewfield area, 35 miles southeast of Mansur, where the Company has an additional 74 sections (47,360 acres of land). In total the Company has over 200,000 acres of lithium rights within the Duperow lithium fairway in
The lithium brine properties consist of 37 permits totalling 212,633 acres (86,050 hectares) of Subsurface Crown Mineral Dispositions within the Duperow lithium fairway in Saskatchewan.
The technical content of this news release has been reviewed and approved by
1 Independent laboratory testing was conducted by Isobrine Solutions ( |
Mineral Dispositions in the Williston basin of
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance.
Metals' limited operating history, ability to obtain sufficient financing to carry out its exploration and development objectives on its mineral properties, obtaining the necessary permits to carry out its activities and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation,
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