Lithium Australia Mexico JV Commences Agua Fria Drilling
THE DRILL SERGEANT: Lithium Australia (ASX: LIT), with Joint Venture partner Alix Resources has commenced a 3000 metre drilling program at the Agua Fria lithium prospect, part of the companies’ Electra joint venture (LIT 49%, AIX 51%) in Mexico.
Lithium Australia said the Agua Fria target has been traced for approximately five kilometres along strike, and has exposed widths of over 800m with an apparent thickness of 20 to 30 metres that is dominated by layered sedimentary material containing volcanic ash, glass, quartz, carbonate, feldspar, zeolite and clay.
The drilling program is being undertaken by local drilling contractors, which Lithium Australia explained would be using a track mounted reverse circulation (RC) drill rig that provides good mobility.
By using this equipment, the drillers can minimise the amount of roadworks and site preparation required to support the program.
In-field drill control is supported by portable Laser Induced Breakdown Spectroscopy (LIBS) using a SciAps Z300 machine.
“The Agua Fria target has very significant potential, as demonstrated by Baconora Minerals which has established the world’s largest lithium ‘clay’ resource, nearby and in the same geological sequence,” Lithium Australia managing director Adrian Griffin said in the company’s announcement to the Australian Securities Exchange.
“Beneficiation will be a key element in creating a positive commercial outcome, and preliminary work is underway to evaluate how best that can be achieved.
“We look forward to a successful campaign.”
Email: info@lithium-au.com
Website: www.lithium-au.com




