Lithium drilling underway at Reedy Lagoon’s Big Smoky South Project
Reedy Lagoon Corp (ASX:RLC) this morning provided an exploration update on its drilling program at the Big Smoky South project in the Clayton Valle in Nevada, USA.
Big Smoky South is one of RLC’s three 3 lithium brine projects in Nevada, along with Columbus Salt Marsh and Alkali Lake North.
RLC reports that drill hole MBD-01, that has a target depth of 850 metres, is now advanced past 320 metres. A number of thin volcanic ash beds were intersected in the upper part of the hole.
This presence of ash beds in the hole is encouraging as such beds are generally considered to be potential sources of lithium available to be dissolved by groundwater.
The hole will continue to be drilled down into the zone of low resistivity (magenta and blue colours) as shown on the cross section below. This zone of low resistivity is interpreted to be caused by salty groundwater (brines) and comprises the target zone. Pump testing and water sampling will be carried out within selected zones as they are intersected by the hole.
Of course, as with all minerals exploration, success is not guaranteed — consider your own personal circumstances before investing, and seek professional financial advice.
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