18:29:26 EDT Tue 23 Apr 2024
Enter Symbol
or Name
USA
CA



Umbral Energy Corp
Symbol UMB
Shares Issued 60,542,146
Close 2016-08-03 C$ 0.05
Market Cap C$ 3,027,107
Recent Sedar Documents

Umbral Energy samples up to 204 ppm Li at Tule Valley

2016-08-04 09:55 ET - News Release

Mr. Jagdip Bal reports

UMBRAL ENERGY SAMPLES UP TO 204 PPM LITHIUM AT TULE VALLEY LITHIUM BRINE PROJECT IN UTAH

Umbral Energy Corp. has received geochemical results of up to 204 parts per million lithium from samples taken on its 100-per-cent-owned Tule Valley lithium exploration project. The property is 4,800 acres and is located approximately 190 kilometres southwest of Salt Lake City, Utah.

A total of four water samples and 13 soil samples were collected from the property. The soils were crushed, pulverized and assayed for lithium and a suite of pathfinder elements (for example, potassium, magnesium, barium, sodium, calcium, lithium-potassium and lithium-magnesium ratios). Most soil samples were collected at the claim post sites that were located on exposed playa.

Samples of actively evaporating briny surface muds are all anomalous in lithium (over 0.01 per cent lithium). Each of these anomalous samples is very wet, saturated with salty brine, contains salt and/or gypsum crystals, and lies below 1,340 metres altitude. These locations are where the playa surface dips below the current groundwater table (less than 1,339 metres), wherein near-surface brines reach the surface, form shallow pools (less than 0.3 metre deep), and evaporate. The western half of the playa seems to lie at a lower altitude than the eastern half. The fact that both the surface brines (W03 and W04) and resultant saturated muds are anomalous in lithium is deemed encouraging for the deposition of near-surface lithium mineralization on the property.

Jag Bal, president of Umbral, commented: "We are encouraged with our first round of exploration on our Tule property. With the presence of lithium as high as 204 parts per million in our samples, we are now focused on phase two of our exploration program."

Tule Valley has similar characteristics to Clayton Valley, Nevada, a dry lake bed where lithium is derived from brines located within more porous sediment layers at depth under playa. The Tule Valley exploration will focus initially on geophysical surveying, particularly induced polarization, to detect conductive layers beneath the playa. Brines are salty and are therefore strongly conductive. The thicker and strongest conductive zones will subsequently be drill tested for lithium content.

Qualified person

The technical content of this news release has been reviewed and approved by Phil van Angeren, a registered professional geologist with the Association of Professional Engineers and Geoscientists of Alberta (APEGA) and a qualified person under the provisions of National Instrument 43-101.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.