Jul 27 2016
Zadar Ventures Ltd. announces it has received the required work permits from the Federal Bureau of Land Management to complete 2 drill holes on its WSP Lithium Project in Nevada.
The work approved in the recently received permits allows for a Phase 1 exploration program at WSP consisting of an initial diamond drillhole and should results prove positive, a second follow-up exploration drillhole. The two drill sites that have ben permitted for were selected based on their ability to target potential lithium-brine-bearing formations, within the Clayton Valley Basin.
Zadar President & CEO Paul D. Gray, P.Geo. commented, "We are excited to have been granted approval for the requisite permits that will allow the Company to testsits flagship Clayton Valley Lithium Project. It is expected drilling activities on the WSP Lithium Project will begin by early Q3 of this year."
The initial drillhole planned for the WSP lithium project will target lithium brine-bearing formations interpreted to exist on the WSP claim block and will consist of diamond drilling to depths of at least 800m. The Company's operator in the Clayton Valley, NV. GeoExplor Corp. will manage the drilling program.
Maps and visual aids highlighting the location of these permit drillhole locations overlain upon the recently received data from the 2016 WSP Gravity Survey (see Company News Release dated July 19, 2016) will be made available on the Company website shortly, www.zadarventures.com.
This news release has been reviewed and approved by Paul D. Gray, P.Geo., who is the Company's qualified person as defined by National Instrument 43-101.
Source: http://zadarventures.com/