- Survey results have found shallow reflectors in a basinal structure at Reedy Lagoon’s (RLC) Alkali Lake North Lithium-Brine Project in Nevada, USA
- The presence of the reflectors and extensive Audio-Magneto-Telluric (AMT) conductivity anomalies are said to be strong indicators of a substantial brine acquifer system
- Data was collected along a 7-kilometre traverse, orientated east-west through the middle of the project
- The results come from preliminary data as the company awaits a final report
- Shares were trading 2.7 per cent higher at 3.8 cents
2D shallow seismic reflection (SSR) survey results have identified shallow reflectors in a basinal structure at Reedy Lagoon’s (RLC) Alkali Lake North Lithium-Brine Project in Nevada, USA.
The company has received preliminary observations and data interpretations, which found reflectors in the top 500 metres of earth.
RLC Managing Director, Geof Fethers, said the SSR has given the company another dimension to its exploration.
“The coincidence of shallow seismic reflectors and extensive AMT conductivity anomalies located within a basin structure are strong indicators of the presence of a substantial brine acquifer system at the Alkali Lake North Project,” said Mr Fethers.
Survey data was collected along a single, 7-kilometre traverse, orientated east-west through the middle of the project.
Reflectors were reportedly coherent and continuous in the middle of the survey line, and pulled up towards the ends. This suggests sedimentary layers sag downwards in the central area of the project, consistent with the Company’s interpreted basin structure from gravity data collected prior.
The company awaits a final report on the completed work.
Shares were trading 2.7 per cent higher at 3.8 cents at 1:50 pm AEDT.