Lithium Extraction Works’ La Negra deposit site more than previously estimated


Posted May 7, 2020 by lithiumextractionworks

SANTIAGO/REGION METROPOLITANA - Lithium Extraction Works mineral resource estimate report has indicated that the La Negra lithium deposit has resources of over 3.8 million tonnes.

 
Lithium Extraction Works’ publication of the La Negra site documented that the company has continued its exploration and resource drilling program and drilled a total of 11,740 meters in the La Negra area and has deposits which is 22% more than previously estimated.

Lithium Extraction Works’ measured and indicated mineral resources of the La Negra deposit, total 3.8 million tonnes at a cut-off grade of 0.50% Li2O. La Negra’s mineral resources has showed that the confidence level has increased and the Li2O grade of the La Negra site is 1.06%.

Lithium Extraction Works’ Chief Geological Officer, Mr. Bruce McArthur commented on the latest publication saying “We are pleased with the results we have received from La Negra project site. The mineral resource is a good indication of the potential of La Negra’s lithium deposits and we will continue exploration activities in the area and update the lithium extraction estimate later in the year.

About Us - Lithium Extraction Works

Headquartered in Santiago, Lithium Extraction Works is a mining company with a specific focus on lithium. Working with large international partners in diverse areas, from transport and energy storage to energy, we look to drive mutual growth through sustainable supplies and environmentally responsible operations.

With constant innovation in mining technology, efficient practices on the ground and decades of knowledge, we have built an experienced, effective team of engineers, operators and scientists who are at the heart of our success.

The supplies of rare earth minerals and metals we deliver are vital to the growth of important industries and international companies, used for a myriad of purposes, utilized in the production of electronic cars, pharmaceuticals, general consumer electronics, water-treatment facilities and refineries, to name but a few.

With our expansion derived from our ability and capacity to deliver steady supplies of vital rare earth minerals and metals, along with the increasing demand for products which require them, we at Lithium Extraction Works foresee mutual growth and benefit for ourselves, our partners and investors.
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Issued By Bojan Castellano
Phone +56228733769
Business Address Titanium La Portada, Avenida del Condor 844, Huechuraba, Region Metropolitana, Santiago 8320000
Country Chile
Categories Energy , Finance , Semiconductors
Tags lithium extraction works , lithium extraction works chile , lithium extraction works mining , lithium extraction works santiago
Last Updated May 7, 2020