Lancaster Resources recently released an update on development of the Alkali Flat Lithium Brine Project (AFB). The AFB is located in the Amargosa Valley, Nevada, and it is poised to become one of the most important sources of lithium brine in the US.
The CEO of Lancaster Resources, Bruce Durno, recently provided an update on the progress of the project. He stated that the focus of the project is to bring new sources of lithium brine to the US market to provide a secure and reliable supply to the US market and to benefit from the global demand for lithium to be used in a variety of industries.
The update provided by Durno highlighted some key milestones that had been achieved. The first of these was a successful completion of drilling programs in January 2020. This initial program included 12 drill holes, with 8 located on the company’s 57.5 sq km claim in the AFB.
The results of these drill holes were highly encouraging, with substantial lithium concentrations detected. Also, the data collected throughout the drilling program showed strong similarities to the Alvares Lithium Deposit, which is located in Ecuador. This suggests that the AFB could potentially become one of the world’s largest lithium deposits in the near future.
The second main milestone that Durno highlighted was the recent completion of an enhancement of the AFB’s metallurgy laboratory. This upgrade was conducted in collaboration with Myrmidon Corp, a leading metallurgical laboratory, and it is the most comprehensive and accurate test on lithium brine activity that has ever been conducted.
Furthermore, Durno emphasized that the AFB project is now well-established, and he mentioned that the next steps will involve continued drilling, well installation, and resource evaluation. He also outlined plans for future investments in the project, which will include the completion of a full feasibility study and the establishment of a lithium-focused industrial complex.
In summary, Lancaster Resources’ Alkali Flat Lithium Brine Project has the potential to become one of the largest lithium deposits in the world. The project has made some ambitious strides in the past year, and the CEO Bruce Durno recently provided a comprehensive update on the project’s progress. As the AFB continues to make progress, it will become an increasingly important source of lithium brine to the US market and will contribute to the global demand for lithium in a variety of industries.
Lancaster Resources recently released an update on development of the Alkali Flat Lithium Brine Project (AFB). The AFB is located in the Amargosa Valley, Nevada, and it is poised to become one of the most important sources of lithium brine in the US.
The CEO of Lancaster Resources, Bruce Durno, recently provided an update on the progress of the project. He stated that the focus of the project is to bring new sources of lithium brine to the US market to provide a secure and reliable supply to the US market and to benefit from the global demand for lithium to be used in a variety of industries.
The update provided by Durno highlighted some key milestones that had been achieved. The first of these was a successful completion of drilling programs in January 2020. This initial program included 12 drill holes, with 8 located on the company’s 57.5 sq km claim in the AFB.
The results of these drill holes were highly encouraging, with substantial lithium concentrations detected. Also, the data collected throughout the drilling program showed strong similarities to the Alvares Lithium Deposit, which is located in Ecuador. This suggests that the AFB could potentially become one of the world’s largest lithium deposits in the near future.
The second main milestone that Durno highlighted was the recent completion of an enhancement of the AFB’s metallurgy laboratory. This upgrade was conducted in collaboration with Myrmidon Corp, a leading metallurgical laboratory, and it is the most comprehensive and accurate test on lithium brine activity that has ever been conducted.
Furthermore, Durno emphasized that the AFB project is now well-established, and he mentioned that the next steps will involve continued drilling, well installation, and resource evaluation. He also outlined plans for future investments in the project, which will include the completion of a full feasibility study and the establishment of a lithium-focused industrial complex.
In summary, Lancaster Resources’ Alkali Flat Lithium Brine Project has the potential to become one of the largest lithium deposits in the world. The project has made some ambitious strides in the past year, and the CEO Bruce Durno recently provided a comprehensive update on the project’s progress. As the AFB continues to make progress, it will become an increasingly important source of lithium brine to the US market and will contribute to the global demand for lithium in a variety of industries.
