AmeriLithium Corp. announced positive results from its 2nd stage controlled source audio magneto-telluric (CSAMT) survey on the Company’s Clayton Deep lithium project. Results from a previous gravity survey were used to place the CSAMT survey lines over two deep zones in the central portions of the Clayton Deep basin. The stratigraphic and structural detail shown in the CSAMT data for both survey lines indicates the presence of highly conductive layers that are indicators of brines below the surface within the Company’s claim block.
Zonge International completed the CSAMT survey on December 4th, 2011, and the report detailing the survey has been received from J.L. Wright Geophysics. Wright compiled and interpreted the data collected by Zonge with the objective of defining structures and stratigraphy in the basin as an aid to the development of a lithium brine test drilling program. According to Wright, delineation of possible lithium bearing aquifers and inter-basin structures is critical to the exploration effort.
Of particular interest in the report’s findings is the presence of low resistivity in sedimentary layers within the Clayton Deep basin and their proximity to basin-edge faults; while these findings are highly suggestive of brine aquifers, they do not guarantee the presence of economic lithium-bearing brine concentrations. Rather, the only true test for economic concentrations of lithium is drilling, groundwater sampling, and laboratory analysis, which comprise the next step in AmeriLithium’s exploration process.
Three drillhole locations have been identified based on the CSAMT results. Drilling depths are anticipated to be between 250 and 400 meters (820 and 1300 feet). Drillholes will be designed to penetrate into the low-resistivity unit enabling the collection of water samples for analysis. An additional target will be the base of the conductive layer in order to confirm the stratigraphy in the basin.
[Additional survey and report details are provided further below, and the full report is also available for download on the Company’s website at http://www.AmeriLithium.com.]Matthew Worrall, AmeriLithium’s CEO, commented: “We’re excited to have yet another positive indicator of the Clayton Deep project’s lithium-bearing potential. And the quality of this report’s information will be invaluable as we proceed with planning and executing our exploratory drill program on the project. In the meantime, I’m looking forward to receiving the final CSAMT reports on our Full Monty and Jackson Wash projects.”
AmeriLithium owns 100% of the 5,280-acre (8.25 square mile) Clayton Deep lithium brine project assets, covering the entire Southwest Gravity Low in Clayton Valley. The Clayton Deep project’s placer claims lie less than 10 miles southwest of the only US-based lithium producing plant, operated by Chemetall Foote Corporation, a subsidiary of Rockwood Holdings, Inc.
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