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Showing posts with label brines. Show all posts
Showing posts with label brines. Show all posts

Friday, September 14, 2012

Western Lithium Provides Update on Commercial Clay and Lithium Strategy

(Marketwire - Sept. 14, 2012) - Western Lithium USA Corporation (TSX:WLC)(OTCQX:WLCDF) (the "Company" or "Western Lithium") is pleased to announce that it is continuing to advance its commercial clay strategy with the goal of becoming a specialty supplier of Hectorite clay based drilling additives to the oil and gas industry. Over the past several years, the oil and gas industry has seen strong growth from unconventional shale gas drilling in the USA. Hectorite clay based drilling additives are particularly applicable for unconventional shale drilling due to their thermal and gelling properties that can improve performance when developing deep deposits that require horizontal drilling. Last year, Western Lithium commissioned a well-equipped clay laboratory in Nevada, and has been developing formulations of gel and organoclay drilling additives to meet Association of Petroleum Institute industry standards. To make gel and organoclay, the Company's Hectorite clay must be processed using an extruder and combined with several additives. Gel typically sells for FOB shipping point US$90 to $130 per short ton and organoclay sells in a range of US$2,000 to $4,500 per short ton, depending on performance.

Western Lithium has completed pilot testing of several hundred pounds of gel and organoclay and will begin to identify certain buyers to test the performance of the products for indicative pricing and volumes. The Company believes that it can make a premium product using a cost effective dry processing method. In addition, the Company has initiated discussions with both existing producers, and potential process manufacturers, and is investigating possible sites to establish a dedicated plant.

"Our commercial clay strategy is envisioned as a low capital opportunity to generate cash flow by selling specialty drilling additives to service a growing shale drilling industry. Our business plan is designed to sustain and complement our efforts to advance our lithium project," said Jay Chmelauskas, President and CEO of Western Lithium. "We believe that we are at the forefront of a global shift towards development of cleaner, cheaper new energy resources using unconventional drilling technology. We are positioning the Company to have exposure to two transformational industries; the electrification of transportation using lithium ion batteries and development of new domestic-based and international energy sources from shale."

The Hectorite clay is located on the Company's wholly owned Kings Valley Lithium deposit in Nevada, and extraction of the clay would not be expected to impact future lithium project development. The Company continues to seek a strategic partner to fund the next stage of its lithium mine development. The recently announced US$724M acquisition of Talison Lithium Ltd. by Rockwood Holdings Inc. supports the Company's position that the lithium market fundamentals remain positive and future demand will support new production entrants. The Company believes that the main lithium demand driver will be from the adoption of hybrid and electric vehicles in the coming years. Western Lithium is strategically located in Nevada, USA, to serve domestic markets and exports to Asia.

Unconventional drilling technology using deep directional drilling and hydraulic fracking techniques has been developed over the past twenty years. Over the past decade, commercial natural gas and oil production has been established in significant shale basins within the USA. Development efforts have increased significantly over the past several years and natural gas from unconventional drilling now accounts for over 23% of natural gas production within the USA, according to the US Energy Information Administration. In addition, countries in Asia, South America, Africa and Europe have identified significant shale basins for potential exploration and development. According to the China National Energy Administration development five-year plan released on March 16, 2012, China announced that it intends to begin exploration and development of its shale gas resources to reach commercial production by 2015. The Company believes that continued growth of shale gas drilling in the USA combined with a global push towards developing shale gas resources will provide strong growth for Western Lithium's strategy to build a specialty drilling additives business.
Western Lithium is developing the Kings Valley, Nevada lithium deposit into a strategic, scalable and reliable source of high quality lithium carbonate. The Company is positioning itself as a major U.S.-based supplier to support the rising global demand for lithium carbonate that is expected from the increased use of hybrid/electric vehicles. The Company is also investigating the potential to be a supplier of specialty Hectorite clay drilling additives to the oil and gas industry, and in particular, to support the growth of unconventional drilling.
 
Forward-Looking Statements: This document includes forward-looking statements. Forward-looking statements include, but are not limited to: the potential for development of a Hectorite Clay business on the Company's Kings Valley Property; the continued growth of a hydraulic fracking industry and the use of gel and organoclay complementary to such development; the Company's ability to sell an acceptable or premium product to the lithium market and to produce a high purity and high quality lithium product for use in multiple types of lithium ion battery chemistries. When used in this document, the words such as "plan", "estimate", "expect", "intend", "may", "likely" and similar expressions are forward-looking statements. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Important factors that could cause actual results to differ from these forward-looking statements are disclosed under the heading "Risk Factors" in the Company's Annual Information Form for the year ended September 30, 2011 which is available at www.sedar.com.

FOR FURTHER INFORMATION PLEASE CONTACT:
Investor Relations
Western Lithium USA Corporation
604-681-3071
604-681-3091 (FAX)
info@westernlithium.com
www.westernlithium.com
The TSX has neither approved nor disapproved of the contents of this press release. Neither the TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this press release.
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Friday, April 8, 2011

Rodinia Lithium lands former FMC Executive for management team.

Rodinia Lithium Retains Services of Former FMC Lithium Division Manager, New Resources & Process Development8:37AM ET on Thursday Apr 07, 2011 by Marketwire

Rodinia Lithium Inc. ("Rodinia" or the "Company") ( RM.v  and RDNAF.PK) is pleased to announce it has contracted the services of Mr. Bob Cinq-Mars, a specialist in Chemical Process Development, to oversee elements of process design and management.

Mr. Cinq-Mars has a wealth of experience in process design and management, whose work experience includes 20 years with FMC Lithium Division as Manager, New Resources and Process Development. During his time with FMC Lithium Division, Mr. Cinq-Mars work included process research and development of three routes to recover lithium from new reserves, physical evaporation studies in the laboratory to support process design, and identification of alternate lithium resource in the world.

Wednesday, March 2, 2011

Rodinia Lithium defines large reserves at Diabillos!

RODINIA LITHIUM INC. DEFINES 4,959,000 TONNE LITHIUM CARBONATE EQUIVALENT RESOURCE AT SALAR DE DIABLILLOS

March 2, 2011



DIABLILLOS INFERRED MINERAL RESOURCE: 4,959,000 TONNES OF LITHIUM CARBONATE EQUIVALENT AND 19,837,000 TONNES OF POTASSIUM CHLORIDE EQUIVALENT

4,959,000 TONNES LITHIUM CARBONATE EQUIVALENT IS BELIEVED TO BE THE SECOND LARGEST LITHIUM BRINE RESOURCE TO DATE PREPARED UNDER NI 43-101 STANDARDS

PROJECT MAINTAINS ITS FAVOURABLE GEOCHEMISTRY WITH LOW MAGNESIUM AND SULPHATE LEVELS

DEPOSIT REMAINS OPEN AT DEPTH WITH CONSIDERABLE POTENTIAL FOR INCREASED RESOURCE GRADE AND SIZE WITH FURTHER DRILLING

Toronto, Ontario, March 2, 2011: Rodinia Lithium Inc. (“Rodinia” or the “Company”) (TSX-V: RM; OTCQX: RDNAF), is pleased to report receipt of an independent brine resource estimate for its Salar de Diablillos lithium-brine project (“Diablillos” or the “Salar”), located in Salta, Argentina, conducted by AMEC Internacional Ingenieria y Construccion Limitada (“AMEC”). The resource estimate reports an inferred brine resource of 932,000 tonnes of lithium (“Li”) metal, 10,404,000 tonnes of potassium (“K”) and 1,083,000 tonnes of boron (“B”), which is equivalent to 4,959,000 tonnes of lithium carbonate equivalent (“LCE”), 19,837,000 tonnes of potassium chloride (“PE” or “potash”) and 6,194,000 tonnes of B203 (“Boric Acid”). The project has an average magnesium to lithium ratio (“Mg:Li”) of 3.68 and an average sulphate to lithium ratio (“SO4:Li”) of 14.48.

William Randall, President and CEO of Rodinia, commented “this resource estimate positions Diablillos amongst the premiere lithium and potash bearing salars in the world.

Thursday, November 11, 2010

Rodinia Lithium Inc. Hits Lithium Fountain at Salar De Diablillos, in Argentina



Rodinia hits virtual lithium guyser, Grading 540 Mg/L At Salar De Diablillos


November  2010
  • ARTESIAN BRINE INTERSECTED IN LAST THREE DRILL HOLES WITH VALUES UP TO 540 MG/L LITHIUM, 5500 MG/L POTASSIUM, 660 MG/L BORON AND A MG:LI RATIO OF 3.33
  • EXPLORATION PROGRAM CONTINUES TO DELIVER POSITIVE DRILL RESULTS, EXPANDING ZONE APPROXIMATELY 4 KM EAST AND 4.5 KM SOUTH OF D-RC-01
  • SIGNIFICANT INTERCEPTS INCLUDE 510 MG/L LITHIUM OVER 90 METRES AND 530 MG/L LITHIUM OVER 72 METRES IN D-RC-03 AND D-RC-04 RESPECTIVELY
  • ARTESIAN LITHIUM BRINE REMAINED UNABATED AND DENSITY INCREASED OVER A 3 DAY SPAN WITH A PRESSURE AND VELOCITY THAT PUSHED THE ARTESIAN COLUMN APPROXIMATELY 13 METRES ABOVE THE SALAR SURFACE (please see figure 1)
Toronto, Ontario: Rodinia Lithium Inc. (“Rodinia” or the “Company”) (TSX-V: RM; OTCQX: RDNAF), is pleased to report that it continues to intersect high-grade lithium and potash in its reverse circulation drilling exploration program on its Salar de Diablillos lithium-brine project in Salta, Argentina (“Diablillos” or the “Salar”).  The Company remains encouraged by the results of the exploration program and reinforces its belief that the project has the potential to become a lithium, potash and boric acid producer in the near future.
William Randall, President and CEO of Rodinia, commented “the fact that we are routinely intersecting artesian conditions containing high grade lithium values is, in our opinion, extremely positive.  We believe that these results indicate that the subsurface brines are spouting to surface and increasing in salinity and density as they continue to flow. This is a rare phenomenon which may add significant value to the project.  Equally exciting is the fact that we intersected these brines in the southern portion of the basin where, based on our auger drilling, we expected lower grade brines due to the proximity of the river. In our opinion these results indicate the potential for the majority of the basin to contain lithium rich brines.”
Results from the most recent five drill holes are summarized in Table 1.  All the holes reported in this press release are open at depth and in all directions, bound only by the basin limits.  The reverse circulation drill holes were drilled vertically to ensure proper representation of the stratigraphic column.  As in the previous drill holes the distribution of lithium concentrations over the hole are remarkably even, suggesting that our entire stratigraphic column below the near surface clays represents a single aquifer, composed primarily of sands and gravels.  The clay content in all holes drilled to date has been low to negligible.
Drill Hole From (m) To (m) Interval (m) Li (mg/l) K (mg/l) B (mg/l) Mg:Li SO4:Li
D-RC-03 18 108 90 510 5608 654 3.58 18.97
including 48 108 60 562 6322 640 3.35 17.74
zone open at depth
D-RC-04 36 108 72 530 6292 668 5.02 18.14
zone open at depth
D-RC-05 artesian brine @ 48m 530 5700 690 3.00 18.90
zone open at depth
D-RC-06 18 84 66 471 5054 732 2.84 18.92
Including artesian brine @ 52.5m 430 4700 670 2.84 18.92
zone open at depth
D-RC-07 42 100.5 58.5 515 5340 619 3.32 14.92
including artesian brine @ 100.5m 540 5500 660 3.33 16.85
zone open at depth
A sampling procedure was enforced by management to ensure sample integrity during the drill program.  Where possible, brine and sediments samples were air lifted, and water restricted to the upper part of the hole before the water table was intercepted.  Once brine bearing horizons were intercepted, drilling was halted and the drilling pipe lifted 2 feet or more to allow the total flushing of the internal pipe by means of air pressure for approximately ten minutes or until the brine appeared reasonably clean of sediment.  After sufficient air lifting of the brine, a sample was collected in 500 ml sample bottles that had been washed three times with the brine.  Liquid was also collected in five gallon buckets and the time of filling of the bucket recorded, in order to aid in quantifying the formational flow.
The project is supervised by Ray Spanjers, Rodinia’s Manager of Exploration.  Mr Spanjers is considered a qualified person, as defined by National Instrument 43-101, and has reviewed and approved the scientific and technical information in this release.  According to the Company’s sampling protocol, sample size is to exceed 500 millilitres and be stored in clean, secure containers for transportation.  The prepared samples are then forwarded to the ALS Laboratory Group, Environmental Division, in Fort Collins, Co (USA) for analysis.  A rigorous QA/QC program is implemented consisting of regular insertion of standards and blanks to ensure laboratory integrity.
About Rodinia Lithium Inc.:
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.
Please visit the Company’s web site at www.rodinialithium.com or write us at info@rodinialithium.com. Follow us on Twitter: http://twitter.com/RodiniaLithium 
For further information please contact
Neil Simon                         
Investor Cubed Inc.                                     
Tel: +1 (647) 258-3310
Aaron Wolfe
Vice-President, Corporate Development
Tel: +1 (416) 309-2696
Cautionary Notes
Except for statements of historical fact contained herein, the information in this press release constitutes “forward-looking information” within the meaning of Canadian securities law. Such forward-looking information may be identified by words such as “plans”, “proposes”, “estimates”, “intends”, “expects”, “believes”, “may”, “will” and include without limitation, statements regarding the impact of the drill program at the Diablillos property and results of such drill program; the potential of the Diablillos property; the potential results and timetable for further exploration with respect to the Clayton Valley project and the Diablillos property, the timetable with respect to future acquisitions and exploration developments at Clayton Valley and Diablillos, timetable for further exploration, analysis and development, title disputes or claims; and governmental approvals and regulation. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from such statements.  Factors that could cause actual results to differ materially include, among others, metal prices, competition, financing risks, acquisition risks, risks inherent in the mining industry, and regulatory risks. Most of these factors are outside the control of the Company. Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. 

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