by Greg Klein | December 12, 2016
A thorough review of historic data confirms brine flow on Voltaic Minerals’ (TSXV:VLT) Green Energy lithium project in Utah’s Paradox Basin. Analysis shows that brine flow in five oil and gas exploration wells originated from multiple sources including four of the property’s clastic units.
Already figuring prominently in a 3D model created earlier by Voltaic, clastic unit #14 was historically intercepted in three wells at an average depth of about 1,900 metres and measured 6.1 metres thick.
To follow up, Voltaic hopes to re-open historic well heads for bulk sampling, potentially confirming a lithium-bearing zone, as well as verifying brine data including flow rates, temperature and metallurgy.
Historic data reports brine carrying lithium up to 187 milligrams per litre on the 1,683-hectare property and up to 1,700 mg/l 150 metres east.
The company also continues its work with newly appointed director/project manager Thomas Currin and Enertrex Corp to develop a selective lithium extraction process that would cut time and costs, with a plan to market the process to other companies.