Ann: Substantial 180% Increase Resource Upgrade at Rincon Project, page-135

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keepsmiling

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30/01/24

22:32

Post #: 72144903
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Originally posted by ellroy80: ↑

It is indeed a fantastic result for the company. Unless I'm mistaken, I don't think anyone has commented on the following:

"Groundwater levels are essentially at the salar surface and brine aquifer water levels are sustained by a combination of groundwater inflow from the surrounding geology and recharge from surface water runoff."
"The pumping tests and previous dynamic modelling suggest that this deep aquifer will remain saturated (and therefore under semi-confined conditions) during operations."
"The upper 70m of the aquifer may be dewatered over the life of the project. Operational water levels are unlikely to fall below this, and the deep aquifers will remain saturated and semi-confined..."

I assume this is fantastic news in the context of the EIA. Unless I'm mistaken, this means that groundwater levels won't be adversely affected. I assume this is the information that the local government wants to know before approving the EIA. Further, the aquifer will continue to fill as they are being pumped. All good news!

Someone please correct me if my conclusions are incorrect.

Further, the entire paragraph under 'Spatial Extent' is just fantastic reading. Confirms that the aquifer continues beyond the tenement boundaries and is open at depth across most of the project area. Nice!

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https://getyarn.io/yarn-clip/embed-test/e6ca411c-689a-422c-bcc7-cea3c2fd25f2

Last edited by keepsmiling: 30/01/24

AGY Price at posting: 10.0¢ Sentiment: None Disclosure: Not Held
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