Standard Lithium Announces Positive Results of Geophysical Survey at Bristol Lake, Mojave Project, California
8.8.2017 11:00 | NASDAQ OMX
VANCOUVER, British Columbia, Aug. 08, 2017 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. ("Standard Lithium" or the "Company") (TSXV:SLL) (FRA:S5L) (OTCQX:STLHF) is pleased to announce positive results from the completed Controlled-Source Audio-Magnetotellurics / Magnetotellurics (CSAMT/MT) geophysical survey at the Company's Bristol Lake Project, in the Mojave area of California. The report produced by Hasbrouck Geophysics Inc. provided the following highlights:
Extensive low resistivity values across almost all of Standard Lithium's 16,000+ acre claim package, suggesting that lithium brines are present beneath almost all of Standard's claims;
Thick sequences of extremely low resistivity values (less than 1 ohm-metre), likely correlating with high concentration brines; and,
An increase in conductivity to the south and east, suggesting that brines extend fully across Standard Lithium's claim package in parts of the basin which are currently not used for brine harvesting activities.
Jim Hasbrouck, President of Hasbrouck Geophysics commented "Resistivity values less than one ohm-metre are present throughout the Bristol Lake Project area with portions of the area having resistivities that approach an extremely low value of 0.2 ohm-metres. These resistivities are the lowest that I have measured in the US for lithium-brine exploration and are similar to those seen in the lithium triangle of Chile, Argentina and Bolivia."
The data from this successful CSAMT/MT survey are now being combined with the results from the recent gravity geophysical survey to determine suitable locations for exploratory drilling, and Standard Lithium is in the process of retaining drilling contractors to allow for rigs to mobilise before the end of Q3.
Raymond Spanjers, Certified Professional Geologist (SME No. 3041730), is a qualified person as defined by NI 43-101, and has supervised the preparation of the scientific and technical information that forms the basis for this news release. Mr. Spanjers is not independent of the Company as he is an officer in his role as Vice President, Exploration and Development.
About Standard Lithium
Standard's value creation strategy encompasses acquiring a diverse and highly prospective portfolio of large-scale domestic brine resources, led by an innovation & results oriented management team with a strong focus on technical skills. The Company is currently focused on the immediate exploration and development of its 16,000+ acre Bristol Lake, Brine Project located in the Mojave region of San Bernardino County, California. The location has significant infrastructure in-place, with easy road and rail access, abundant electricity and water sources, and is already permitted for extensive brine extraction and processing activities.
For further information, contact Anthony Alvaro at 604.260.4793.
On behalf of the Board,
Standard Lithium Ltd.
Robert Mintak, CEO & Director
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain certain "Forward-Looking Statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words "anticipate", "believe", "estimate", "expect", "target, "plan", "forecast", "may", "schedule" and other similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to future prices of commodities, accuracy of mineral or resource exploration activity, reserves or resources, regulatory or government requirements or approvals, the reliability of third party information, continued access to mineral properties or infrastructure, fluctuations in the market for lithium and its derivatives, changes in exploration costs and government regulation in Canada and the United States, and other factors or information. Such statements represent the Company's current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations.
STANDARD LITHIUM LTD.
Suite 888, 1100 Melville Street
Vancouver, British Columbia
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Standard Lithium Ltd. via Globenewswire
Följ NASDAQ OMX
Skriv in din e-postadress så får du ett mejl när vi har något nytt att berätta.
Senaste pressmeddelandena från NASDAQ OMX
Constellation Brands to Present at Barclays Global Consumer Staples Conference, September 6, 201722.8.2017 15:04 | Pressmeddelande
VICTOR, N.Y., Aug. 22, 2017 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE:STZ) (NYSE:STZ.B), a leading beverage alcohol company, announced today that David Klein, chief financial officer and Bill Newlands, chief operating officer, will present at the Barclays Global Consumer Staples Conference on Wednesday, September 6, 2017, at the Intercontinental Hotel in Boston, MA. The presentation is scheduled to begin at 11:15 a.m. EDT and is expected to cover the company's strategic business activities, financial and operational performance, and outlook for the future. A live audio webcast of the presentation can be accessed on the company's website at www.cbrands.com by following the instructions in the "Investors" section. Following the presentation, the webcast will be available on the company's website for replay through the close of business on Friday, October 27, 2017. Financial and statistical information discussed in the presentation and a reconciliat
Patton Among Top Ten 2017 UC Solutions Providers22.8.2017 14:00 | Pressmeddelande
Patton offers a unique set of competencies and capabilities that help companies bring their UC dreams into reality GAITHERSBURG, Md., Aug. 22, 2017 (GLOBE NEWSWIRE) -- Patton Electronics-US manufacturer of UC, cloud, and IoT enabling solutions for carrier, enterprise and industrial networks-has been named among the top ten unified communications (UC) solutions providers according to InsightsSuccessmagazine. Patton is doing some unusual things that no other network equipment manufacturer does to enable UC implementations. Patton offers a unique set of competencies and capabilities that help companies bring their UC dreams into reality. Two examples... SmartNode enterprise session border controllers (eSBC) address a broad range of networking functions including IP security, legacy telephony integration (analog and ISDN), network demarcation, and much more-all in a single customer
Manuport Logistics Uses Descartes for SOLAS Compliance22.8.2017 12:45 | Pressmeddelande
LIER, Belgium, Aug. 22, 2017 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Manuport Logistics in Belgium is using the Descartes Verified Gross Mass(TM) (Descartes VGM(TM)) solution to help its customers comply with the International Convention for the Safety of Life at Sea (SOLAS) regulations for container weight requirements. "The long-standing relationship Manuport has with Descartes played an important role in our selection of the Descartes VGM solution; however, it was the rapid implementation capabilities that really differentiated Descartes," said Luc Geerts, Strategic Accounts Manager at Manuport Logistics. "In addition, Descartes has an impressive track record in networked communication and the Descartes VGM solution uses a similar Descartes standard message format as we do for managing shipments. In the maritime industry where messaging standards
Immunicum AB (publ) Announces Upcoming Presentations at Conferences in August and September22.8.2017 08:00 | Pressmeddelande
Press Release 22 August 2017 Immunicum AB (publ) Announces Upcoming Presentations at Conferences in August and September Immunicum AB (publ; First North Premier: IMMU.ST) a biopharmaceutical company advancing a novel, immune-priming cancer treatment against a variety of solid tumors, today announced that Immunicum leadership will present the Company at several upcoming investor and partnering conferences in August and September. Swedish-American Life Science Summit 2017 Date: August 23 - 25, 2017 Presentation Time: August 25, 12:00 pm Central European Time Venue: Nasdaq Stockholm, Tullvaktsvägen 15, Stockholm, Sweden Pareto Securities' 8th Annual Healthcare Conference Date: September 7, 2017 Presentation Time: 12:15 pm Central European Time Venue: Conference 7A Strandvägen 7A Stockholm, Sweden 24th Annual NewsMakers in th
Kommande presentationer och investerarmöten i augusti och september22.8.2017 08:00 | Pressmeddelande
Pressmeddelande 22 augusti 2017 Kommande presentationer och investerarmöten i augusti och september Immunicum AB (publ), First North Premier: (IMMU.ST), ett bioteknikbolag som utvecklar ny typ av immunaktiverande cancerbehandling mot ett flertal olika solida tumörformer, meddelar idag att bolagets ledning kommer att presentera bolaget vid ett flertal kommande konferenser och investerarmöten under augusti och September. Swedish-American Life Science Summit 2017 (SALSS) Datum: 23-25 augusti, 2017 TIdpunkt för Immunicums presentation: 25 augusti, kl 12:00 Plats: Nasdaq Stockholm, Tullvaktsvägen 15, Stockholm Pareto Securities' 8th Annual Healthcare Conference Datum: 7 september, 2017 Tidpunkt för Immunicums presentation: kl 12:15 Plats: Conference 7A Strandvägen 7A Stockholm 24th Annual NewsMakers in the Biotech Industry
ZIM Adds MatchBack Systems Analytics Services in Italy21.8.2017 22:00 | Pressmeddelande
Innovative approach to gain efficiencies through fewer empty container moves adds significant value for ZIM's customers GREEN BAY, Wis. and ROTTERDAM, The Netherlands, Aug. 21, 2017 (GLOBE NEWSWIRE) -- MatchBack Systems, Inc. ( www.matchbacksystems.com ), the leading software as a service (SaaS) solution to plan, optimize and automate matchbacks, announced that ZIM Integrated Shipping Ltd. joined the company's customer base on May 1, 2017 to optimize their inland operation in Italy. The account will be serviced through the European office in Rotterdam and corporate headquarters in North America. The system will be deployed for a 2 months pilot after which the parties will evaluate the scope for a broader cooperation. A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/1cb9a632-22a4-4ff5-a3d5-d8b3964e5113 Gil Lehmann, Head of Global Land Tra
I vårt pressrum kan du läsa de senaste pressmeddelandena, få tillgång till pressmaterial och hitta kontaktinformation.Besök vårt pressrum