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Ann: Staking of lithium property and acquisition of IOCG project, page-20

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03/06/22

21:21

Post #: 61814508
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Originally posted by AlphaAlkaline: ↑

In 2018 a Magnetotelluric (MT) survey was completed over the Kibby Basin, Nevada, by Quantec Geoscience Ltd in order to measure the conductivity of material (lithium brines are highly conductive). The survey indicated a large highly conductive anomaly beneath the Playa lake bed at surface which may be the signature for a lithium brine pool trapped by the easterly fault, again similar to Clayton Valley.Kibby Basin Lithium Project fits the criteria for a potentially Large-Scale Lithium ProjectThe gravity survey showed the Kibby Basin to be a “drop down” basin which provides a catch basin for lithium bearing ash and gravels over millions of years.

The Kibby Basin Lithium Project has similar features as Clayton Valley, Nevada and contains potential favourable conditions for the development of lithium‐rich brines such as; an arid climate, major catch basin, basin has structural traps and is closed with no outlets for drainage, associated igneous or geothermal activity, suitable lithium source rocks and one or more adequate aquifers.

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Can I ask is 1000m deep a profitable scenario,or is this normal?

ARO Price at posting: 0.4¢ Sentiment: None Disclosure: Not Held
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