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Strategies & Market Trends : Dino's Bar & Grill
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To: fringe who wrote (26818)3/23/2017 11:53:35 AM
From: fringeRead Replies (1) of 203748
 
Update ION

Alset Energy to start drilling at La Salada in April

2017-03-23 11:12 ET - News Release



Mr. Allan Laboucan reports

ALSET RECEIVES DRILLING PERMITS FOR LA SALADA LITHIUM PROJECT IN ZACATECAS, MEXICO

Having completed an environmental report and an application for drilling, Alset Energy Corp. has received the necessary permits to commence drilling at its La Salada lithium project near Zacatecas, Mexico. The company is now in the process of securing drill crews and site staff, and is expecting to commence drilling in early April.

In addition to the drilling, the company will commence a shallow subsurface sampling program. These efforts are designed to better understand the geochemistry and deportment of lithium in subsurface soils, and the depth and chemistry of potential brine of the La Salada salar.

Allan Barry Laboucan, president and chief executive officer of Alset Energy, said: "This work will form the first part of our exploration program on the lithium salars near Zacatecas, Mexico. The La Salada salar has seen significant historical work, and our own chemical analysis and leaching tests are guiding our drilling and sampling program. We are very excited about the ability to now generate our own samples to better understand the lithium potential of the salar and to determine its depth extent. This drilling and sampling program will give us new material for leaching tests and to help direct our future development of this lithium- and potassium-bearing salar."

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