Advantage Lithium has selected WorleyParsons Chile to complete the pre-feasibility study on its Cauchari Lithium Project in Jujuy, Argentina.
Image: Lithium ingots with a thin layer of black nitride tarnish. Photo courtesy of Dnn87/Wikipedia.
WorleyParsons will also complete an independent NI 43-101 Technical Report for the project.
The PFS will evaluate processing options and complete a range analysis for up to 30Ktpa final Lithium product, including Lithium Hydroxide, and is scheduled for completion in early Q3 2019.
The Company will continue to work with hydrogeology consultants FloSolutions to complete a dynamic groundwater model for the project which will be used to simulate a range of production cases based on the recent significantly expanded resource. This is a key input to the PFS in order to support a reserve estimate, extraction plan and determine the optimum project size.
Andy Robb, Project Director, commented: “The commencement of the Cauchari PFS marks an important milestone in the project where we have the opportunity to establish the best value proposition for our stakeholders, building on the success of the phase III drilling program that points to a much larger project than envisaged previously.
We are very pleased to continue to build our relationship with WorleyParsons given their extensive experience with lithium Studies, including Lithium Hydroxide, and their valuable contribution to our PEA.
The PFS will be focused on conducting the necessary trade-offs studies required to select a go-forward investment case for the Feasibility Study.”
Source: Company Press Release