Provides an update on the drilling campaign currently underway at the Hombre Muerto North Lithium Project in Salta Province, Argentina. The first hole AS01 has now been completed to a depth of 270 meters. As the first hole has progressed, drilling has become very difficult due to geological instability. The decision was made to conclude the hole at this depth. Double-packer sampling will continue for the coming few days. Samples will be obtained from borehole intervals deemed to be of interest. A second drill rig operated by Andagala Perferaciones S.A. is now on site. The unit will locate to the middle of the Alba Sabrina Claim Block and initiate hole AS03. Lithium South Development Corporation shares V.LIS are trading up $0.03 at $0.49.
Stocks in play: Lithium South Development Corporation
Baystreet.ca - Baystreet - Contributor Content
This article could contain syndicated content. We have not reviewed, approved, or endorsed the content and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here