Sign up Australia
Proactive Investors - Run By Investors For Investors

Lithium Australia NL witnesses revolutionary technology

Laser induced breakdown spectroscopy (LIBS) technology is a new frontier.
Lithium Australia NL witnesses revolutionary technology
Drilling is progressing at the Agua Fria lithium clay prospect

Lithium Australia NL (ASX:LIT) and its joint venture partner  Alix Resources Corp (CVE:AIX) at the Electra Project in Mexico have successfully applied the LIBS technology.

The portable LIBS technology allows for real-time, in-field lithium analyses and was successfully applied on the first reverse circulation hole at the Agua Fria prospect within the Electra Project.

Assays from two further drill holes have been received from Agua Fria and these also show good correlation between the laboratory assays and LIBS measurements.

The LIBS technology is set to revolutionise both the exploration and mining industries.

Historically, hand held technology such as portable XRF guns have been used for exploration but these systems have limitations detecting light elements such as lithium, carbon and sodium.

Lithium Australia and U.S. based SciAps Inc have been working in collaboration over the last two years to develop a practical means of achieving real-time lithium geochemical measurements.

This recent success has given the company the confidence needed to use the field-portable LIBS analyser for operation control during the remainder of the drilling.

Lithium Australia believes this real-time control will have a substantial effect on exploration cost optimisation during the first round of drilling in Mexico.
Adrian Griffin, managing director, commented: “The use of this technique to real-time control of drilling is a breakthrough that should deliver immediate financial benefits by maximising the effectiveness of the remainder of the Agua Fria drilling and other projects in Australia.

“The importance of this technology for lithium exploration cannot be over stated.”

View full LIT profile View Profile

Lithium Australia NL Timeline

Related Articles

July 13 2018
AfriTin listed on AIM with plans to position itself as the African tin champion
Picture of lithium cycle
May 10 2018
The inferred resource at Sadisdorf in Germany now stands at 25 million tonnes grading 0.45% lithium.
August 02 2018
Shefa Yamim has a highly prospective gemstone project in Israel

No investment advice

The information on this Site is of a general nature only. It does not take your specific needs or circumstances into consideration, so you should look at your own financial position, objectives and requirements and seek financial advice before making any financial decisions. You acknowledge and understand that neither the Company, its related bodies corporate, the information providers or their affiliates will advise you personally about the nature, potential value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter. You should read our FSG and any other relevant disclosure documents and if necessary seek persona advice prior to making any investment decision.

You understand and agree that no Content (as defined below) published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person.

You understand that in certain circumstances the Company, its related bodies corporate, the information providers or their affiliates may have received, or be entitled to receive, financial or other consideration in connection with promoting, and providing information about, certain entities on the Site and in communications otherwise provided to you.

You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate. From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

Before you act on any general advice we provide, please consider whether it is appropriate for your personal circumstances.

© Proactive Investors 2018

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use