Canter Resources Corp. has announced that it has commenced a Phase II drill program at its Columbus Lithium-Boron Project located near Tonopah, Nevada.
The Phase II program is expected to include up to 10 Geoprobe drill holes and will use an updated drill rig model and tooling with the aim of testing a third aquifer zone below the depths of successful Phase I drilling, while also demonstrating lateral continuity between previous drill grids (5 kilometres apart) and testing additional regional targets to the east and north of previously completed drilling.
“We are excited to have our second phase of drilling now underway at Columbus, which we expect will further demonstrate the near surface, multi-commodity mineral resource potential at Columbus,” commented Canter CEO, Joness Lang. “The comprehensive combined dataset from our first two phases of drilling will allow us to map and profile the shallow aquifer zones at Columbus and provide valuable geochemical data for our 3D model and mineralization pattern analysis for both lithium and boron. We look forward to sharing Phase II drill results beginning in September.”
Initial Phase II brine results are expected beginning in Q3 with further sediment results and multi-element analysis expected in early Q4.
Results from this second phase of drilling will provide additional data for an NI-43-101 Technical Report for Columbus in addition to an updated 3D model – allowing the Company to finalize targets for future phases of drilling – before year-end.
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