United Kingdom  

Celebrating 10 Years of Trusted News Discovery
One News Page
> >

BMG Resources defines strong lithium brine potential at Salar West project in Chile

Proactive Investors Tuesday, 23 October 2018
BMG Resources Ltd (ASX:BMG) has defined strong brine potential in a transient electromagnetic (TEM) geophysical survey at its Salar West Lithium Project in Chile. The survey was conducted as part of the project's acquisition due diligence and confirmed a strong conductivity response indicating lithium brines across the 4,200-hectare southern area of Salar West. 'Significantly mitigates exploration risk' BMG managing director Bruce McCracken said: "The geophysics undertaken at the Salar West Lithium Project as part of our due diligence assessment has delivered very encouraging results in what is the world's best lithium brine province. "This significantly mitigates exploration risk with the results confirming the strong brine potential across a broad area of the project. "We are continuing to assess the detail behind the results in order to define drilling targets and undertake 3D modelling of the brine target zones." Defining drill targets Salar West is a series of claims on the south-western margin of the Atacama Salar in Chile's Atofagasta region. The Salar de Atacama is a closed drainage basin, with important fault systems on its western and eastern margins. It is interpreted that brine from the salar continues south into the area of the geophysical survey, where brine may be hosted in clastic sediments which are older than the salt units within the salar. A salar is a salt-encrusted depression that may be the basin of an evaporated lake. Evaluation of the types of sediments coincident with the high-conductivity response is ongoing, together with 3D modelling of brine target zones, to define targets for drilling.
0
shares
ShareTweetSavePostSend
 
Credit: WPTV News | West Palm Beach - Published < > Embed
News video: Batteries suspected of causing house fire

▶ Batteries suspected of causing house fire 01:58

Lithium batteries suspected of causing house fire in Port St. Lucie

Recent related videos from verified sources

Jurors convict Garry Pierre of first-degree murder in death of West Boca High School substitute teacher [Video]Jurors convict Garry Pierre of first-degree murder in death of West Boca High School substitute teacher 01:36

A man has been found guilty of first-degree murder in the killing of a Palm Beach County substitute teacher and football star.

Credit: WPTV News | West Palm Beach - Published

West Palm Beach ranks 14th on most dangerous areas for pedestrians [Video]West Palm Beach ranks 14th on most dangerous areas for pedestrians 02:11

A new study is revealing that South Florida roads from West Palm Beach to Miami are among the most dangerous for pedestrians in the country. Smart Growth America ranks the West Palm Beach, Fort..

Credit: WPTV News | West Palm Beach - Published

Wednesday night forecast [Video]Wednesday night forecast 01:57

Meteorologist Steve Weagle has your Wednesday night forecast.

Credit: WPTV News | West Palm Beach - Published

South Florida weather 1/23/19 - 4pm report [Video]South Florida weather 1/23/19 - 4pm report 01:07

The latest from Storm Team 5.

Credit: WPTV News | West Palm Beach - Published

WPTV Latest Headlines | January 23, 3pm [Video]WPTV Latest Headlines | January 23, 3pm 01:46

Watch the latest WPTV headlines any time.

Credit: WPTV News | West Palm Beach - Published

West Palm Beach tackles homelessness through new plan [Video]West Palm Beach tackles homelessness through new plan 16:00

West Palm Beach leaders addressed the problem of homelessness in the city on Wednesday morning.

Credit: WPTV News | West Palm Beach - Published

WPTV Latest Headlines | January 23, 12pm [Video]WPTV Latest Headlines | January 23, 12pm 01:21

Watch the latest WPTV headlines any time.

Credit: WPTV News | West Palm Beach - Published

South Florida Wednesday afternoon forecast (1/23/19) [Video]South Florida Wednesday afternoon forecast (1/23/19) 02:46

Skies will be partly sunny. Winds will stay very gusty out of the southeast creating very dangerous beach and boating conditions.

Credit: WPTV News | West Palm Beach - Published


Recent related news from verified sources

Hannans prepares for further drilling at Mt Holland to discover Earl Grey type lithium deposit

Hannans Ltd’s (ASX:HNR) reconnaissance drilling has identified elevated lithium results at its Mt Holland Lithium Project, 125 kilometres south of Southern...
Proactive Investors - Business

Sovereign Metals receives high-grade rutile results from Malingunde in Malawi

Sovereign Metals Limited (ASX:SVM) has received high-grade, broad and widespread rutile results from re-assaying of historical hand-auger holes at the Malingunde...
Proactive Investors - Business

Why the AVZ Minerals crashed 21% lower to a 52-week low today

The AVZ Minerals Ltd (ASX:AVZ) share price has been absolutely crushed on Thursday. Here's why the lithium miner is down in the dumps...
Motley Fool - Markets

Wilson, Army pull away in 2nd half, beat Holy Cross 76-57

WEST POINT, N.Y. (AP) — Matt Wilson scored 21 points and grabbed a dozen rebounds and Army won its third straight Patriot League game, pulling away from Holy...
Seattle Times - Front Page

You Might Like


Tweets about this


Other recent news in Business

BREXIT: What does no deal mean?Prince Williams says celebrities shunned mental HEALTH charity
Microsoft's Bing SEARCH engine inaccessible in ChinaCOULD WOMEN SOLVE THE GLOBAL PILOT SHORTAGE?
Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Contact us  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest