PL3 patagonia lithium ltd

Up Coming Drilling in Argentina

  1. sle
    11,037 Posts.
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    Drilling hopefully not too far off now! From 21/12 ASX announcement:

    Executive Chairman, Phillip Thomas commented:
    “We are delighted with the progress we have made with the Jujuy Mines
    Department and given they have the data requested we expect to be able to
    announce news soon regarding the issue of our drill permit. Our next milestones are
    being worked on everyday with drillers, geophysics, core porosity analysis, and
    pumping test providers engaged.

    Also from the announcement:

    An updated investment report for drilling on the Cilon exploration project was
    requested by the Jujuy Mines Department and that has now been provided. There
    are eight drill holes planned for this section of the project based on the results of the
    MT survey and the 1,122ppm lithium sampling from 2 metres below the surface (2 June
    2023 announcement). The investment is approximately US$2,000,000 if all wells are
    drilled to 300m. A drill contract has been negotiated and this will be signed as soon as
    the drill permit is issued. All other drilling related arrangements are in place.
    The December elections were held and a new governor appointed in Jujuy province.
    Two of Argentina’s three operational lithium mines are located in Jujuy province.
 
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