The Apollo Lithium Project has recently completed a successful exploration program for this summer and fall. The exploration program, which started in May of this year, focused on extending the footprint of the inferred mineral resource on the Apollo Lithium Property located in Nevada, USA.
The program concluded with a total of 3,033.2 meters (m) of diamond drilling in 32 holes. Results from the summer and fall program assisted in extending the previously known mineralized zones and determining the nature of lithium mineralization at the project. Preliminary laboratory results indicated 0.25 to 1.38% Li2O in a wide interval of drill core with one of the highest concentrations being 1.94% Li2O in a single sample.
The project is managed by the United Resources Group (URG), a leading mining and exploration company focusing on lithium exploration and development in the United States. URG was able to leverage its ability to successfully advance the project. The company has an experienced team of executives and geologists with background in Nevada lithium exploration.
Along with strong scientific and technical leadership from URG, the project has the financial support of Clearwater Capital Partners, a private equity firm that has a mandate to invest in resources and energy with a focus on renewable energy. The group has the financial resources to develop projects such as the Apollo Lithium project in a timely manner.
The Apollo Lithium Project is a great example of successful exploration and development of mineral resource in the US. Not only is the project progressing quickly, but it also has the ability to bring economic and social benefits to the region. Through this innovative exploration program, URG had been able to extend the known footprint of the inferred mineral resource. The project, with its strong leadership and financial backing, stands to benefit the region and provide a valuable resource to the community.
The Apollo Lithium Project has recently completed a successful exploration program for this summer and fall. The exploration program, which started in May of this year, focused on extending the footprint of the inferred mineral resource on the Apollo Lithium Property located in Nevada, USA.
The program concluded with a total of 3,033.2 meters (m) of diamond drilling in 32 holes. Results from the summer and fall program assisted in extending the previously known mineralized zones and determining the nature of lithium mineralization at the project. Preliminary laboratory results indicated 0.25 to 1.38% Li2O in a wide interval of drill core with one of the highest concentrations being 1.94% Li2O in a single sample.
The project is managed by the United Resources Group (URG), a leading mining and exploration company focusing on lithium exploration and development in the United States. URG was able to leverage its ability to successfully advance the project. The company has an experienced team of executives and geologists with background in Nevada lithium exploration.
Along with strong scientific and technical leadership from URG, the project has the financial support of Clearwater Capital Partners, a private equity firm that has a mandate to invest in resources and energy with a focus on renewable energy. The group has the financial resources to develop projects such as the Apollo Lithium project in a timely manner.
The Apollo Lithium Project is a great example of successful exploration and development of mineral resource in the US. Not only is the project progressing quickly, but it also has the ability to bring economic and social benefits to the region. Through this innovative exploration program, URG had been able to extend the known footprint of the inferred mineral resource. The project, with its strong leadership and financial backing, stands to benefit the region and provide a valuable resource to the community.
