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QX Resources (ASX: QXR) announces drilling underway at Western US lithium brine project

1 min read | November 09, 2023 01:42 AM GMT | By Sonal Goyal
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QX Resources (ASX: QXR) announces drilling underway at Western US lithium brine project
Image source: Company update

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Highlights

  • Drilling is underway on one of the two planned holes over the Liberty Lithium brine project in the US.
  • The drilling campaign targets a series of lithium brine bearing aquifers at depth.
  • QXR is preparing a new exploration plan for the Turner River project, Pilbara.

QX Resources Limited (ASX: QXR) has informed that diamond drilling is advancing on the first of the two holes planned over the Liberty Lithium brine project, the US. The mobilisation to site was sightly delayed to ensure that all required ancillary equipment are in place. 

The first diamond drillhole (500m) is centred over the highest values of a large lithium brine surface anomaly over 10km in auger samples.

Data source: Company update

QXR shares jump ~9%

QXR shares jumped 8.82% to trade at AU$0.037 apiece midday on 9 November 2023.

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