(via NewsDirect)
The project, situated in the
The upper zone, ranging from 151 meters to 165 meters, and the lower zone, extending from 474 meters to 520 meters, show promising lithium potential. Importantly, these reservoirs are believed to be stratigraphically continuous with a historic drill hole, BSW-06-04A, located just 5 kilometers away.
Of particular significance is the lower zone, which exhibits fluid conductivities at least twice that of seawater, indicating the presence of highly saline brines. Scientific research suggests that highly saline brines often contain elevated concentrations of lithium, making them attractive targets for lithium extraction.
As demand for lithium continues to rise, particularly in the electric vehicle and renewable energy sectors,
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