Millennial Lithium completes milestone environmental studies at flagship Pastos Grandes project in Argentina
Millennial Lithium Corp is further advancing the Pastos Grandes project in Salta, Argentina.
It told investors that Ausenco had now completed environmental baseline studies at the flagship property. Studies completed included documenting flora, fauna, climate, air quality, hydrogeology, soil usage and ecosystem characterization and, where applicable, seasonal variations in those fields.
Ausenco has been hired to complete a key Environmental Impact Assessment (EIA) for the potential exploitation of the lithium-rich brine resource at the property.
"We are very pleased with the work done by Ausenco in completing the Environmental Baseline Studies at Pastos Grandes and to engage them to continue with their work at the project with the Environmental Impact Assessment in support of environmental permits for construction and the potential exploitation of the lithium resource," said Millennial President and CEO, Farhad Abasov.
"Millennial remains committed to sound and compliant mining practices, high environmental standards and active community consultation, involvement and participation in the project."
On October 15, the company announced it had positive drilling and analytical results from the latest exploration wells at its Pastos Grandes project in Salta, Argentina.
The company said two new exploration holes have intersected, and bottomed in, lithium-bearing brine zones, with one hole intersecting positive lithium grades in a 545-metre-thick lithium-bearing horizon, including a high grade of 701 milligrams per litre lithium.
The company said a 40-person camp is being put in at the site, including a state-of-the-art solar-hybrid power system, as work advances at the site on a pilot plant to produce battery-grade lithium carbonate.