VANCOUVER, Canada –- Southern Lithium Corp. (TSX-V: SNL FSE: SL5) (“Southern” or “the Company”) is pleased to announce that it has initiated a ground geophysics program at its Cruz property (“Cruz”), located in the Pocitos salar basin in Salta Province, Argentina.
Phase 1 Cruz Geophysics Program
Southern will be executing a controlled-source, audio-frequency magnetotellurics (“CSAMT”) geophysical survey at the Cruz property (Cruz). Once completed, the CSAMT program will better delineate drill targets. Southern expects to commence the drilling program early this spring.
Controlled-source audio-frequency magnetotellurics (“CSAMT”) is a commonly used surface-based geophysical method which provides resistivity information of the subsurface. This low-impact, non- intrusive technique has been used extensively by the minerals, geothermal, hydrocarbon and groundwater exploration industries since 1978 when equipment systems first became available commercially.
The CSAMT method involves transmitting a controlled signal at a suite of frequencies into the ground from one location (transmitter site) and measuring the received electric and magnetic fields in the area of interest (receiver site). Calculated resistivity values from CSAMT data relate to geology. Primary factors affecting resistivity include rock or sediment porosity and the density of pore fluids, which gives an indication of the concentration of dissolved salts, including those of lithium, in the pore fluids.
At Cruz, as at neighbouring projects including the nearby Enirgi Group’s 100% owned Rincón Project through its wholly owned subsidiary ADY Resources Limited, formations such as the Halitic Zone and structures such as district and local faults exert significant control on mineralization. The CSMAT survey will help Southern identify such stratigraphic units and structures.
Company President Larry Segerstrom states: “The CSAMT geophysical program will strongly assist the Company in identifying and mapping potential lithium-rich brine targets for the next phase of exploration.” We are excited to be on the property which is strategically located within the ‘Lithium Triangle’, where over half of the earth’s identified resources of lithium are found.”
About the Cruz Property
The Cruz Property is located in the heart of South America’s Lithium Triangle (northern Chile, northwestern Argentina and southwest Bolivia). The property encompasses 2,500 hectares in the Pocitos salar basin in Salta Province, Argentina, and lies 11 kilometers south of ADY Resources Limited’s lithium brine resource in the Salar del Rincón Basin.