AGY 2.78% 3.5¢ argosy minerals limited

"We very much wanted to prove our processing technology, rather...

  1. 241 Posts.
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    "We very much wanted to prove our processing technology, rather than focus on exploration. Given the fact we always felt comfortable knowing where the resource was, obviously in the salt lake. So it's really about proving that technology."





    "The NI 43-101 report from Enirgi mentions “Brine aquifer tests indicate that the near surface (i.e., less than 65m
    in depth) "communication" between holes within the Upper Fractured Halite unit is unrestricted and that
    widespread, impervious clay layers are not present”. This could dictate a potential good precedent for AGY
    resulting with a higher yield and potentially increase the resource estimation."

    The Salar del Rincón is a very large, mature salar and displays substantial effective porosity and hydraulic continuity within the Upper Fractured Halite resource unit. The Black Sands resource unit also displays significant effective porosity with a lesser degree of verified hydraulic continuity. This Upper Fractured Halite resource unit accommodates relatively high brine extraction rates.

    The Salar is situated in close proximity to key infrastructure, including existing natural gas pipeline, electricity, rail and road transport that is required to build and support a large, scalable lithium processing facility.


    Screenshot_20190212-224830.png Just incase y'al forgot
 
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