MGX Minerals has announced having mobilised a drilling rig for its Kibby Basin Lithium Brine Project. The project plans to use specific technology to extract lithium from geothermal brine.
MGX Minerals Inc. announces the engagement of Harris Exploration Drilling and Associates Inc. for drilling on the Kibby Basin, Nevada lithium brine property. MGX is partnered with Belmont Resources on the Property and is currently earning a 50% interest for the purpose of forming a 50/50 Joint Venture (the “Joint Venture”) utilizing MGX’s rapid lithium extraction technology. Drill hole targets were generated based on results from the Quantec MT geophysical survey completed in January. The proposed drill holes are designed to test a large MT conductor, which may represent aquifers containing lithium brines. The drill holes have been designed to intercept the MT anomaly starting at depths of 325 m (1065 ft.) and continue to as deep as 760 m (2500 ft.). The objective is to determine the nature of the conductor, collect sediment samples for lithium analyses, identify aquifers and sample water and any brines encountered.
Harris Drilling will employ a RD 10 rotary drill to complete the holes. Drill samples will be collected continuously on 3 m (10 ft) intervals and analyzed for lithium and associated elements. Water samples will be collected periodically as the hole progresses and will be analyzed for lithium, associated elements, and physical properties (conductivity, pH, TDS). Downhole geophysical logging will be performed by Southwest Exploration Services of Chandler, Arizona to identify permeable/aquifer zones and zones of conductivity. Aquifer water will be sampled using downhole packers to isolate the aquifer intervals. Previous drilling reached a depth of 457 m (1498 ft) in playa sediments outside of the MT anomaly.