Millennial Lithium has announced the commencement of the company's Phase 1 drill program at the 9,000 hectare Cruz Lithium Project in the Pocitos salar, in Salta Province, Argentina.
Millennial is currently operating the exploration program on behalf of Southern Lithium Corp., who is earning up to an 80% interest in the project by making certain cash payments, share issuances, completing exploration expenditures and completing a bankable feasibility study on the project within three years.
The current program consists of 2 holes drilled to a minimum 250 metres (m), or deeper based on drilling conditions and brine content. Data collection will include lithology, down-hole geophysics, porosity characterization and depth-specific geochemical samples. Brine sampling will be completed using a hydraulic double packer system, which has been tested and proven to provide a true depth specific sample in addition to flow and porosity characteristics.
Millennial previously completed a Transient Electromagnetic Survey (TEM) covering 20.25 square kilometres on a 4,500 by 4,500 metre grid. Analysis indicates a continuous north-south-trending conductive unit over a distance greater than six kilometres, the full length of the Cruz property. Highly conductive readings have generally been found to indicate a high content of lithium brine in most other salar basins in the area.
In the central core of the property, indications of brine appear as shallow as 30 metres, extending to a depth of 250 metres, at which point survey readings are limited due to the highly conductive nature of the anomaly.
Millennial Lithium Corp. is the operator on the project and engaged HIDROTEC S.R.L., a Salta-based drilling company with extensive experience in drilling and testing salar-hosted lithium brines. The Company also engaged Mike Rosko of Montgomery and Associates, Inc. a US-based hydrogeological consultancy to provide program guidance and act as the Company's qualified person for reporting results.