Kalkine Media ASX Share Market News & Research
Watchlist Sign Up/Login
https://kalkinemedia.com/resources/assets/public/img/flags/au.png AUS
https://kalkinemedia.com/resources/assets/public/img/flags/nz.png NZ
https://kalkinemedia.com/resources/assets/public/img/flags/uk.png UK
https://kalkinemedia.com/resources/assets/public/img/flags/ca.png CA
https://kalkinemedia.com/resources/assets/public/img/flags/us.png USA
https://kalkinemedia.com/resources/assets/public/img/flags/fr.png FRA
https://kalkinemedia.com/resources/assets/public/img/flags/de.png GER
https://kalkinemedia.com/resources/assets/public/img/flags/es.png ESP
https://kalkinemedia.com/resources/assets/public/img/flags/it.png ITA
https://kalkinemedia.com/resources/assets/public/img/flags/nl.png NLD
https://kalkinemedia.com/resources/assets/public/img/flags/pt.png PRT
https://kalkinemedia.com/resources/assets/public/img/flags/se.png SWE
https://kalkinemedia.com/resources/assets/public/img/flags/gr.png GRC
https://kalkinemedia.com/resources/assets/public/img/flags/in.png IND
https://kalkinemedia.com/resources/assets/public/img/flags/pl.png POL
https://kalkinemedia.com/resources/assets/public/img/flags/br.png BRA
https://kalkinemedia.com/resources/assets/public/img/flags/za.png ZAF
https://kalkinemedia.com/resources/assets/public/img/flags/ru.png RUS
https://kalkinemedia.com/resources/assets/public/img/flags/cn.png CHN
https://kalkinemedia.com/resources/assets/public/img/flags/ae.png UAE
Kalkine Media ASX Share Market News & Research
Sponsored

QX Resources (ASX: QXR) to commence drilling on Liberty Lithium Brine project - Kalkine Media

October 25, 2023 01:11 PM AEDT | By Sonal Goyal
Follow us on Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp
QX Resources (ASX: QXR) to commence drilling on Liberty Lithium Brine project
Image source: Company update

Recent News

thumbnail

Ericsson resolves on an acquisition offer for C shares for LTV I 2023

thumbnail

Celebrating Volunteer Week Through the Power of Community

thumbnail

Driving Sustainability Forward: Georgia-Pacific's Biomass Initiat...

thumbnail

US stocks rise; Powell boosts sentiment ahead of Apple results

Highlights

  • QXR is set to begin a 1000m drilling program over the Liberty Lithium Brine project.
  • The campaign, entailing two diamond drillholes, will target the potential for lithium brine bearing aquifers.
  • The company plans to submit bulk volumes of brine with multiple direct lithium extraction (DLE) providers for testwork and analysis.

QX Resources Limited (ASX: QXR) is set to commence a 1000m drilling campaign over the US-based 102 square kilometres Liberty Lithium Brine Project. For the drilling campaign, the company has entered into a contract for a diamond drilling rig.

Two diameter deep diamond holes of 500m each have been approved. The targets are centred over >10km lithium brine surface anomaly with geophysics indicating conductive brine aquifer targets at depths.

The campaign aims to target the potential for lithium brine bearing aquifers at depth.

Data source: Company update

More

For the drilling program, IG Lithium, the vendor has provided an experienced support team along with QXR appointees.

Both drill holes will be sampled downhole along with downhole geophysics.

Data source: QXR update

Read more.

The company plans to lodge bulk volumes of brines for testwork and analysis with several DLE providers.

Shares up 4.5%

QXR shares jumped 4.54% to trade at AU$0.023 apiece at the time of writing on 25 October 2023.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

5 ASX Companies Leveraging AI to Drive Growth in 2024



We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.