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AMX Mining Completes Geophysical Survey

AMX Mining Completes Detailed Geophysical Survey of Beihuo Salt Lake Lithium Brine Prospects, Confirms Three Main Brine Zones

CHONGQING, 400020, CHINA, July 12, 2018 / -- AMX Mining (ISIN: CN9738820018), a Chinese company focusing on mineral exploration for lithium deposits with the mission to be a sustainable minerals exploration company providing shareholders with risk managed discovery, development and mining opportunities, today announced the successful completion of detailed gravity and downhole gamma geophysical survey work in the of Beihuo Salt Lake Lithium Brine Prospects.
The detailed gravity survey and the downhole geophysical work on exploration and test hole, natural gamma, dual induction and fluid resistivity surveys, were analysed by industry leading professionals.
The detailed gravity survey refined the location and shape of the basin feature in the AMX Mining’s claim area. This basin was shown to be asymmetric, with a steeper boundary on the eastern side of the basin, interpreted to be a bounding fault.The downhole geophysics work completed confirmed two main brine-bearing zones, and these data will be used to design future pumping tests that will help to determine key hydrogeological properties of the brine-bearing horizons.
The new data are currently being analysed in order to develop better models for how lithium-bearing brines are distributed in the basin infill sediments and will further assist in refining previously identified drilling targets along the known mineralization intersected to date. The interpreted data will be invaluable in planning follow-up drill targeting for the upcoming drilling program.
Mou Yang Guoqiang, AMX Mining CEO, commented, “The historic ground gravity geophysical data that assisted in identification of the target area was based on wider spaced stations. This new tighter spaced gravity survey coupled with our recent drilling results has enhanced our understanding of the overall geology of the Clayton Valley Project and increased the area of interest for targeting potential basement mineralization.”

About AMX Mining (ISIN: CN9738820018)

AMX Mining is a Chinese company focusing on mineral exploration for lithium deposits. AMX Mining’ mission is to be a sustainable minerals exploration company providing shareholders with risk managed discovery, development and mining opportunities. The firm is an emerging low-cost developer of lithium concentrates with its 100% owned project, a world class Lithium-brine project located in Beihuo Salt Lake. The asset is well positioned to benefit from the robust lithium market fundamentals on the back of emerging electric vehicle and energy storage growth given its proximity to infrastructure, advanced feasibility stage, advanced offtake agreements and a highly experienced management team.

Gin Zinquai
AMX Mining
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