Aldever Resources Inc. (ALD—TSXV) (ALDVF—OTCQB) (17G1—Frankfurt) is pleased to announce that it has successfully completed the Phase 1 sub-surface short hole sampling program to test brine sediments on its 100% owned Miller’s Playa Lithium Project in the Big Smoky Valley, Nevada.
Sediment sampling was completed by hand to test for the presence of lithium in the shallow soil system. Sampling was completed utilizing a grid with north-south and east-west lines. A total of 15 samples were collected to a maximum depth of one meter below surface. Sediment horizons encountered were classified as volcanogenic clay and salt bearing zones, both of which are favorable for the accumulation of lithium.
All samples are shipped to Western Environmental Testing Laboratory in Sparks, Nevada, which is a U.S. E.P.A. accredited independent laboratory. The samples will be analyzed for lithium, potassium, and boron using Test Methods for Evaluation of Solid Waste, Physical/Chemical Methods (SW846). Assay results are expected shortly.
The results of this program along with historical gravity survey data will be used to develop a detailed exploration plan for the property, which is to include Phase 2 Vibracore drilling (up to 50m.) and, if warranted, culminating with Phase 3 deep hole RC drilling.
Regarding the completing of the field program, President & CEO Clive Massey commented: “The salt bearing zones as well as the volcanogenic clays encountered at Millers confirms previous observations made by historical U,S.G.S. surveys as well as those made by Ultra Lithium, which is currently working within the same enclosed basin. In addition, the company is gearing up for a prospecting and geophysical program in the Urban Barry Gold Camp, where Bonterra Resources has recently met with considerable success.
The technical contents of this news release have been prepared under the supervision of Dr. Peter Born, P. Geo. Dr. Born is a Qualified Person, as that term is defined in National Instrument 43-101, and has approved this news release.
For further information, please contact:
Clive Massey, President
Aldever Resources Inc.,
Phone: (604) 622-1199
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. Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, “forward‐looking statements”. Forward‐looking statements may be identified by words including “anticipates”, “believes”, “intends”, “estimates”, “expects” and similar expressions. The Company cautions readers that forward‐looking statements, including without limitation those relating to the Company’s future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward‐looking statements.