LIT: First Phase Results for Salar de la Isla

Stockhouse, Sean Mason (03/08/2010)
"Shares of Salares Lithium added 8% at 79 cents after the lithium explorer reported the results of the first phase of a transient electromagnetic survey (TEM) completed on the northern portion of the Salar de la Isla, which is part of its Salares 7 project in Region III, Chile. The TEM survey was carried out by Geodatos SAIC of Santiago, Chile, and was designed to define the size and extent of the brine pool within the salar. Geodatos has calculated the brine bearing horizon within the northern portion of the salar to have a volume of 2.459 billion kiloliters (kiloliters are equivalent to cubic meters). Using a resistivity cut-off of 2 ohm/metres (interpreted by Geodatos as possible brines) the calculated volume of this horizon increases to 5.393 billion kiloliters."

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