LithiumOre kicks off geophysical survey at flagship lithium project

LithiumOre (OTCQB:ORRP) said Tuesday it has kicked off a geophysical survey to determine the presence and depth of conductive and potentially lithium brine-bearing strata at its flagship lithium project.

The survey covers the deepest part of the basin of Lithium’s Railroad Valley lithium project in Nye County, Nevada, as defined by gravity and historic oil wells.

READ: LithiumOre advances its processing plant by completing purchase of an additional 120 acres

The data will be correlated and combined with existing gravity, seismic and oil-well geophysical surveys to refine targets for future drilling.

The survey will take advantage of magnetotellurics (MT), an electromagnetic geophysical technique that measures the resistivity of the subsurface. Lithium brines are very conductive and thus are a good target for MT applications.

READ: LithiumOre takes aim at leading the lithium charge

LithiumOre is a resource exploration and development company whose top focus is the establishment of a low-cost, environmentally sound production base to supply the rapidly growing lithium-ion battery industry for both mobile devices and laptops, as well as the burgeoning electronic vehicle industry. The company is a wholly owned subsidiary of Oroplata Resources Inc (OTCQB:ORRP)

LithiumOre holds 1,300 lithium mineral claims, totaling 26,000 acres, located in Railroad Valley of Nye County, Nevada. Railroad Valley is one of Nevada’s largest trapped basins and holds all the necessary commercial and engineering prerequisites for a massive lithium brine deposit.

Oroplata shares nudged up 0.5% to finish at US$0.23 on Monday.

Contact Ellen Kelleher at [email protected]

Story by ProactiveInvestors