Equitorial Exploration Initiates Gravity Survey at Tule Valley Utah Lithium Brine Project
Vancouver, April 4, 2017 - Equitorial Exploration Corp. (TSX-V: EXX, Frankfurt: EE1, OTCQB: EQTXF) ("Equitorial" or "Company") is pleased to announce, that the Company has engaged Zonge International, Inc. to provide a detailed gravity survey in order to map the 4,200 acre Tule Valley Lithium Brine Property in sufficient detail to permit generation of a three dimensional model of the basin fill; providing the coverage to determine basin depth and delineate the structural setting. The survey will involve 473 gravity stations at 200 meter intervals. The Company intends to implement the gravity program within the next 30 days. "The Zonge gravity survey program will allow us to build a model of the basin that will provide us an initial evaluation of the potential for a mass lithium brine deposit and is critical for planning this season's drill program," comments CEO Jack Bal.
Tule Valley Lithium Brine Project
The property is located approximately 190 km south west of Salt Lake City, Utah, and is road accessible.
Tule Valley is a closed basin. In a closed basin the surface water and groundwater flowing into the basin has no escape route, and evaporates at surface leaving behind minerals dissolved in the resulting brines and evaporation pools. Tule Valley is mostly a dry lake bed (playa), but it hosts active evaporation pools along its western margin.
As reported by news release by Umbral Energy Corp. on August 4, 2016, 4 water samples and 13 soil samples were collected from the Tule property - most at claim post sites located on exposed playa. The samples of actively evaporating briny surface muds are all anomalous in Lithium (over 0.01% Li) with samples as high as 200 ppm Li. Each anomalous sample is very wet, saturated with salty brine and contains salt and/or gypsum crystals.
Tule Valley is located within an area which hosts several lithium-bearing hardrock properties which may have provided lithium to groundwaters.
-20 km to the north is the Redhill Resources Corp.'s Honey Comb beryllium-rubidium-lithium-rare-earth project. Redhill's NI 43-101 (Sept. 30, 2011) reports that initial surface sampling provided assays of 1,500 to 1,700 parts per million lithium.
-60 km to the southeast is Crystal Peak Minerals Inc.'s potash-lithium-magnesium brine project. Crystal Peak's NI 43-101 (Nov. 18, 2013) reports lithium values in solution (brine) range from 50 to 200 milligrams/litre. Crystal Peak is an evaporite basin similar to Tule Valley.
-30 km to the northeast is Materion Corp.'s Spor Mountain beryllium mine
The Tule Valley prospect may be similar to that of Clayton Valley, Nevada, as they are both closed basins with signs of active and historic evaporation. The Tule Valley project requires further exploration, including geophysics and drilling, to evaluate potential for a mass lithium brine deposit.
Technology
The company has entered into a number of discussions with parties which have had extensive experience with, or whose main operating business includes, the separation of metals and physical particulate from water, recycled water, and oil and gas waste water. The company hopes to conclude an agreement to test these processes and methods for commercial-scale application.
About Equitorial Exploration Corp
Equitorial is aggressively developing three significant, 100%-owned, high-potential, lithium projects in North America.
The Little Nahanni Pegmatite Group (LNPG) is a 43-101 compliant, hard rock, lithium property in the NWT. Both the Tule and Gerlach Lithium Brine Projects are located in lithium-rich Utah and Nevada within easy reach of the Tesla Gigafactory #1.
All three projects have demonstrated highly encouraging grades and Equitorial intends to actively explore these Lithium opportunities in the coming season.
Phil van Angeren, P. Geo., a Qualified Person as defined by National Instrument 43-101, has reviewed and verified the technical mining information provided in this release.
For more information please visit: http://equitorialexploration.com/
On behalf of the Board of Directors
Equitorial Exploration Corp.
Jack Bal, CEO and Director
For further information, please contact Jack Bal at 604-306-5285
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES
Copyright (c) 2017 TheNewswire - All rights reserved.