One World Minerals enters second phase exploration at Rico Lithium property
The Rico Litio lithium property, One World Minerals Inc’s flagship property, located in the State of California Baja Norte, Mexico, has entered phase two of an exploration program.
Logistical preparations are underway with field crews on the property within three weeks and concluding with a 4000 metre (13,000 foot) drill program to be completed by the end of June 2017.
The second phase program will consist of 80 kilometres (50 miles) of surveyed grid lines in the northern portion of the property in preparation to complete a time domain electromagnetic survey.
This survey will help to identify sediment formations with good permeability and porosity that may contain lithium brines. In addition, a gravity survey will be conducted over the same grid lines to identify the depths of the closed basin as well as structural features and young volcanic rocks that may contribute to the formation of the lithium brine. Historically these geophysical surveys have worked extremely well in identifying structural targets in preparation for drilling.
The second phase also includes, a four thousand meter (13,000 feet) drill program to test several of the high priority targets that have coincidental anomalies that may contain brine and traps created by active faults.
A third phase program will include a pump test work program done on sections of the drill holes to test and determine the aquifer capacity; draw down flow rates, and concentrations of Lithium and potassium.
The exploration program will be contracted to Jehcorp Inc., a private company owned by John Hiner who has over 45 years’ mineral exploration experience, including lithium and potassium properties in North and South America.
“We are very pleased to be moving quickly on to the next phase of work on the Rico Litio Lithium Property after such a successful first phase work program,” says Doug Fulher, President and CEO of One World.
“As well we are very fortunate to have a professional such as John Hiner coordinating and overseeing the future development of this project. His experience and knowledge of lithium and lithium projects in the Americas is so important as we further explore and advance the Rico Litio Property,”
“The Company’s significant second phase exploration program that will be underway before the end of March 2017 and continue over the next three months will be highlighted by the drilling of several of the targets before the end of June 2017,” He says.
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