Guest Contributor | Sep 15, 2020 | 0
Desert Lion Energy initiates exploration and development programme
Local lithium developer and concentrate producer, Desert Lion Energy Inc, announced that its 2019 exploration and development programme which will focus on increasing and optimizing existing Mineral Resources Estimates (MRE) and advancement of Walvis Bay-based plant has been initiated.
In a statement this week, the company noted that following the completion of the financing announced on 4 December 2018, it is progressing with the next phase of exploration and development work to advance the Desert Lion Energy Lithium project.
“The next phase of exploration and evaluation work will focus on increasing the existing MRE as well as the confidence therein, as well continuing with grassroots exploration over the Company’s EPL’s,” the statement read.
Among the activities the company has planned at Rubicon for the first half of 2019 is the completion of an underground survey and drilling in order to incorporate Foot Wall lepidolite mineralization excluded from the current MRE; completion of surface infill drilling in order to improve confidence in the MRE to Indicated and Measured Categories; and the sampling and relogging of Hanging Wall pegmatite to improve confidence in the geological model and to potentially increase Mineral Resources.
While at Helikon 1-5, the company will work on additional mineralogical work to support the geological model, MRE and Mine Plan; and the completion of surface infill drilling in order to improve confidence in the MRE to Indicated and Measured Categories.
Following completion of the infill drilling programmes, the company will be updating the Mineral Resource Estimate, with results anticipated in the third quarter of 2019.