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We should be receiving assay results for the first section (126 samples) of KB-3 this week. Our consulting geologist will compile these assays and determine if those assays should be released or wait until we get all the assays compiled to give a more accurate determination of the hole, and further drilling prospects.
The hole encountered numerous different layers of potential lithium-bearing sand and gravel zones, rhyolite ash and possible hot-spring sinter, magnetite alteration, etc…….. Please also review the Rockstone Research Report released on August 27, 2018 titled ‘MGX-Belmont Drilling Finds Multiple Brine Prospective………’
This report describes further detail how they various layers relate to some of the more productive pay zones of the Main Ash Aquifer at Clayton Valley.
Regards,
Gary Musil,
CFO/Director