Advantage Lithium doubles Cauchari resource

According to Mining News Pro - Based on the updated resource, the project now contains 1.8 billion measured and indicated cubic metres brine grading 476 milligrams per litre (mg/l) lithium for 4.8 million tonnes lithium carbonate equivalent.

The project also contains 600 million inferred cubic metres brine at 473 mg/l for 1.5 million tonnes lithium carbonate equivalent. It is the first time Advantage Lithium has updated its Cauchari resource since May 2018.

The company has broken its resource into six difference geological units. It considers the project’s Archibarca Fan and SE Sector the two most important areas for future brine production.

Archibarca Fan alone contains 1 million tonnes lithium carbonate equivalent at 564 mg/l lithium in the measured category; the SE Sector contains roughly 3 million tonnes lithium carbonate equivalent at 481 mg/l lithium in the measured and indicated categories.