Renewal Of Exploration Permit At Surselva Gold ProjectVANCOUVER - NV Gold Corporation reported that the…
Permits Received For Phase Two Drilling At Willcox
Permits Received For Phase Two Drilling At Willcox
VANCOUVER – Peter Lauder, Senior Geologist and Exploration Manager for MAX Power Mining Corp., reported, “The first five diamond drill holes at Willcox have supported initial theories regarding prospectivity of intense resistivity and gravimetric low anomalies at the Playa. The southern block on BLM ground features the largest and most extreme anomalies on MAX Power’s property. This bodes very well for extending the discovery of clay-rich sediments with high lithium values. We’re very pleased to receive these drill permits.â€
Initial assays are expected shortly from first-ever diamond drilling at the Willcox Playa in southeast Arizona with MAX Power having completed a Phase 1, 5-hole program consisting of 6,062 feet (1,848 metres) on state ground. Wide-spacing drilling encountered lithium-rich clays in a predominantly hectorite-saponite mix along with fluid sequences of non-potable liquids. Drill permits have recently been received from the Bureau of Land Management for the next immediate exploration priority – a large area of extreme low resistivity at the southern end of a 10-km-long corridor on MAX’s property. Based on all information to date, including an initial assessment of favorable mineralogy, the Company considers the 50 sq. mile Willcox Playa to be highly prospective for a large near-surface lithium claystone deposit surrounded by excellent infrastructure including roads, rail, power and services located immediately off Interstate 10 in southeast Arizona, leading to Tucson and Phoenix.
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