Business News Archive - November 11, 2011
Seismic Survey and Modeling - Li3 has contracted Geophysical Exploration & Consulting S.A. to perform a high resolution p-wave seismic refraction tomography survey. To date, some 8 line kilometers have been collected during October 2011, data processing and interpretation has been initiated. A total of approximately 20 line kilometers are planned to be completed by December 2011;Core Sample Drilling - Li3 has contracted Boart Longyear, a leading Sonic Drilling Company. Boart Longyear is carrying out sonic drilling for the collection of undisturbed samples from continuous core for porosity determinations and brine samples for laboratory chemical analyses. Six sonic boreholes for a total of 900m are planned; to date, two sonic bores have been completed to a depth of 150m each. Sonic core recovery is above 90% and thus far 54 undisturbed samples have been collected for shipment to Daniel B Stephens & Associates Laboratory for porosity determinations; initial results are expected during December 2011;Well Drilling - Li3 has contracted Rock Drilling S.A., a Chilean company specialized in exploring and constructing water wells in all type of terrains. Rock Drilling is carrying out a Reverse Circulation drilling program including the installation of two production wells to 150m depth and eight observation wells. A pumping test program will be executed during December 2011. To date, Rock Drilling has completed 425m of RC drilling. Preliminary results to date include:98 brine samples have been collected for shipment to University of Antofagasta and Alex Stewart Assayers for laboratory chemistry analyses; the first round of analytical results are expected to become available early December 2011;Three boreholes completed to 150m indicate the presence of a halite - clay halite horizon from 0m to approximately 30m depth, which is underlain by a sequence of alternating sand, clay, and gravel layers with a combined thickness of up to 120m. The combined saturated thickness of these units is approximately 150m;Conductivity and specific gravity measurements carried out on the collected brine samples indicate the presence of brine resource to 150m depth;RC drilling airlift flows of up to 10.9 liters per second have been measured, indicating that extraction of brine through production wells is likely feasible;Exploration potential remains open at depth;Laboratory Testing - Evaporation tests at laboratory and field level are planned to start in early 2012 to evaluate proposed process flow sheets and establish metallurgical recoveries of the lithium and potassium salts contained in the brine;Property Acquisition and Improvement -
DALLAS, November 11, 2011 /PRNewswire/ -- MarketReportsOnline adds the research report 'India Metals Report Q4 2011' to its store.
HARMONDSWORTH, England, November 11, 2011 /PRNewswire/ -- British Airways has been given a major award for the support it provides to charities around the world.
In the news release, Fuwei Films Announces its Unaudited Financial Results for the Third Quarter of 2011, issued 10-Nov-2011 by Fuwei Films (Holdings) Co., Ltd.
