American Lithium (TSXV:LI) has entered into a technical consulting agreement with Dr. John S. Oldow, Director of the Ellison Miles Center for Geological Field Studies at the University of Texas, Dallas.
As quoted in the press release:
The objective of the Agreement is to advance Dr. Oldow’s regional geophysical work to develop a geological model of the Company’s 18,552 acre lithium brine project in Fish Lake Valley, Esmeralda County, Nevada. Dr. Oldow’s work includes geologic mapping and the application of structural and stratigraphic analysis, along with potential field geophysics, GPS geodesy and terrestrial laser scanning to advance understanding of regional tectonics. The Fish Lake Valley geological model is expected to define basin depth, thickness and distribution of the reservoir in the basin, along with the geometry of faults around and within the basin.
American Lithium CEO, Michael Kobler, said:
Fault geometry is critical in the development of lithium brine basins in that the structures may provide vertical conduits for fluid flow and may also represent aquitards controlling lateral flow in a segmented basin system. Understanding where these structures exist within the basin will direct the Company’s upcoming drilling program. Dr. Oldow and his team of Ph.D. students from the University of Texas will provide detailed stratigraphic descriptions of the basin reservoir based on their previous work on exposed sections of the formation adjacent to the Company’s Fish Lake Valley lithium brine property.
Click here for the full press release.
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