William Randall, President and CEO of Rodinia, commented "the addition of this land to our Clayton Valley project adds to its resource potential and secures the company’s position within the valley. We now feel certain we have access to the deepest parts of this producing valley and are eagerly looking forward to getting back to drilling and further exploration on the project."
A Plan of Operations was submitted to the Bureau of Land Management to permit an additional 72 drill holes on the Clayton Valley property. This permit is anticipated to be received within the current year and will allow sufficient drilling to define the potential resource.
Rodinia is also pleased to announce that a second drill has been mobilized to the Salar de Diablillos project in Salta, Argentina and is expected to commence drilling within a week. This second drill will ensure timely delivery of a lithium, potash and boron resource estimate and is anticipated to help advance the project at an accelerated pace. In addition to a second drill rig, the Company is in the process of acquiring downhole porosity measurements and performing slug tests. Both these procedures provide valuable information that will help determine the valley’s lithium resource, in conjunction with drill and gravity survey results.
Rodinia Lithium Inc. is a Canadian mineral exploration company with a primary focus on lithium exploration and development in North and South America. The Company is positioned to capitalize on the expected increase in demand for lithium carbonate that is projected to result from the anticipated paradigm shift to mass adoption and use of key lithium applications like lithium-ion batteries as well as glass ceramics, greases, pharmaceuticals etc.
Rodinia is currently exploring its Clayton Valley project in Nevada, USA, which surrounds the only lithium-brine producer in North America, and its Salar de Diablillos project in Salta, Argentina.