Patagonia Lithium (ASX:PL3) has started its 10 diamond core wells drilling program at its Formentera project.
At an average depth rate of 30m per day, the company expects each 400m well to take 14 days with 5 days allocated to packer tests for assaying the lithium brines.
WSP Australia have been engaged to calculate the measured, indicated and inferred Mineral Resource.
This will involve drill core logging, down hole porosity tests using borehole magnetic resonance and aquifer modelling. Additional porosity tests will be completed in Australia. Assay testing will be done at SGS Salta with QA/QC at another Argentine laboratory.
Patagonia Lithium has 2 major lithium brine projects – Formentera/Cilon in Salar de Jama, Jujuy province and Tomas III at Incahuasi Salar in Salta Province of northern Argentina in the declared lithium triangle.
It has also applied for 41,746 hectares of concessions exploring for ionic REE clays, , and lithium in pegmatites.
Since listing on 31 March 2023, recharge water analysis, surface sampling and MT geophysics have been completed in preparation of an upcoming drill program at Formentera, and MT Geophysics at Tomas III that was very prospective.
In July 2023, a 13-hole drill program was submitted for approval which was granted in January 2024.
Write to Adam Orlando at Mining.com.au
Images: Patagonia
