- Apex Resources Inc. (TSXV: APX) (OTC Pink: SLMLF) has launched geophysical surveys at the Lithium Creek Project in Nevada.
- The surveys target the Fernley Sink area to gather data for drill hole targeting.
- Final results and drill targets will be announced following data compilation and interpretation.
Apex Resources Inc. (TSXV: APX) (OTC Pink: SLMLF) has announced that it is conducting Gravity and Hybrid-Source Audio-Frequency Magnetotelluric (HSAMT) geophysical surveys at its Lithium Creek Project in Churchill County, Nevada. These surveys are focused on the Fernley Sink area and are intended to provide critical data for identifying drill hole targets. This effort is part of the company's strategy to explore what could be the only viable lithium brine district outside of Clayton Valley.
The geophysical surveys, including both gravity and HSAMT techniques, are expected to aid in the expanded lithium brine exploration and facilitate the targeting for the maiden drilling program. Apex intends to release the final geophysical results and approximate drill targets after the surveys are completed and the data is compiled and interpreted. Subsequently, the company will proceed with permitting procedures for the identified drill sites.
Gravity surveying involves measuring variations in the Earth's gravitational field to detect subsurface density contrasts, while the HSAMT method combines magnetotelluric signals with controlled-source transmitters for enhanced signal strength. Such methods are effective in identifying geological structures that may indicate the presence of lithium brine deposits.
The Lithium Creek Project, located about 70 km east of Reno, Nevada, spans approximately 8,240 acres and is positioned within hydrographically significant basins with potential for lithium brine exploration. The proximity to the Tahoe-Reno Industrial Center provides logistical advantages due to existing infrastructure, including roads, rail access, and geothermal power.
