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TORONTO, ONTARIO, June 3, 2019 – Plateau Energy Metals Inc. is pleased to announce a new discovery area near the Falchani Lithium project and initiation of work with the community of Quelcaya for future exploration. The discovery area is to the West of Falchani West/Tres Hermanas and is prospective for additional lithium-rich mineralization. Outcrop sampling of lithium-rich mineralization is located approximately six kilometres West of Tres Hermanas with grades ranging from 2,841ppm to 3,096ppm Li, and an average grade of 2,986ppm Li. Mapping to date has identified the potential for this new zone of lithium mineralization to extend over a distance of at least 1.5 kilometres north-south.

In addition, the Company has commenced the ‘semi-detailed exploration’ environmental impact assessment (“EEIA”) in the Quelcaya area as part of a broader Comprehensive Environmental Impact Assessment (“CEIA”).

“While future drilling will ultimately illuminate the full potential, this new area of outcrop discovery supports our view of the potential scale of Plateau’s lithium project. We are pleased to be working closely with the community of Quelcaya in this prospective area, as it exemplifies our team’s collaborative work with communities in the Macusani plateau region during the past 12 years,” commented Alex Holmes, CEO. “Socially responsible exploration, development and mining is paramount to success in any natural resource jurisdiction. I am pleased to be working with yet another of our host communities in an effort to bring economic development to the region.”

Following social acceptance and support from the community of Quelcaya, the Ministry of Energy and Mines (“MINEM”) granted the Company approval to continue with the process of completing the EEIA in the Quelcaya region. The commencement of the exploration program will follow completion of the EEIA and MINEM’s final approval. The EEIA will form part of a CEIA, an environmental impact study based on a geographic area, as opposed to one based on limited drill locations. It ultimately provides the Company with maximal flexibility to continue exploration efforts and project development work programs including the first ever drill program in the area West of Tres Hermanas. The CEIA will continue over the coming months as part of ongoing Falchani project advancement.

Plateau has engaged Anddes Asociados SAC (“Anddes”) to complete both studies. Anddes, an environmental and project development consulting firm established throughout South America, consults to exploration, development and production stage natural resource companies. Additionally, Anddes is working with Plateau for the environmental, geotechnical and tailings management facility associated with the ongoing Preliminary Economic Assessment (“PEA”) for the Company’s Falchani Lithium project.

http://plateauenergymetals.com/2019/06/03/plateau-energy-met…
 
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Autor (Datum des Eintrages): mge  (03.06.19 14:08:28)
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