Argosy’s primary objective of the initial drilling operations is to delineate a JORC Code- compliant resource within the Project area and conduct brine test-works. These drilling works - originally scheduled during Stage 2 development, however with additional funding in place and the recent acquisition of additional land holdings (pending successful completion of due diligence works) - are being brought forward to fast-track Stage 2 development of the Project.
The drilling works will comprise exploration and production wells ranging in depths up to approximately 100 metres. The site of each drill-hole is strategically selected for maximum utilisation, including brine pumping for upcoming Stage 2 operations.
The brine test-works are fundamental to evaluate and confirm the capacity of the salar to yield brine and measure lithium resources, and will include transmissivity and porosity measurement, and determine expected flow rates.
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