First Lithium Minerals Corp.(“First Lithium Minerals”or the“Company”)(CSE: FLM) (OTC: FLMCF) (FSE: X28) is pleased to announce results from a semi-systematic near surface sediment geochemical survey over the geophysical and drill targets at its 100% owned OCA Ascotan Project (the “Ascotan Project“) in the Antofagasta Region of northern Chile.
The Ascotan Project is a 1,775-hectare property located in the Salar de Ascotan in the Antofagasta Region of northern Chile within an established lithium, boron, and copper production district. Mineralization at the Ascotan Project is represented by three different fractions comprised primarily of sulfate-chloride brines, dendritic material consisting of sand, silt, and clay intercalated in the salar sediments, and precipitated salt compounds. Lithium (Li), potash (K), boron (B), sodium (Na) and magnesium (Mg), among others, are leached and transported from the weathering volcanic rocks in the intravolcanic basins and accumulated and concentrated by evaporation in the salar.
A semi-systematic near surface sediment sampling program was completed over identified geophysical and drill targets at the Ascotan Project (see First Lithium Minerals’ news release dated May 24, 2023). The samples were extracted using portable auger equipment with a 3-inch diameter drill. The samples were taken at a depth between 0.5-1.5 meters with an average depth of 0.8 meters. The objective of the survey was to conduct a near surface sedimentological analysis and confirm the mineralization of Li, B, Mg, and K in the upper sedimentary zone within the drill targets area for the upcoming drill program.
Continue at First Lithium Minerals
