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Finance Investment, Oil Mining Resources

Arizona Lithium Limited (ASX: AZL) – Prairie Drilling Contractor Appointed

Arizona Lithium Limited (ASX: AZL) 3 mins read

Arizona Lithium Limited (ASX: AZL, AZLO, AZLOA, OTC: AZLAF), a leader in the sustainable development of lithium projects in North America, is excited to announce a significant step forward in its Prairie Lithium Project located in Saskatchewan, Canada. Following a comprehensive proposal review, Rhythm Engineering Inc., a Calgary-based firm with specialized expertise in drilling and completion engineering, has been selected to oversee the drilling and completion engineering and supervision services for the project's upcoming drilling program.

This collaboration marks a pivotal milestone in the Prairie Lithium Project, which is one of Arizona Lithium's key ventures alongside the Big Sandy Lithium Project. The award to Rhythm Engineering is a testament to the company's commitment to leveraging expert knowledge and skills to enhance the project's development phases, from planning and procurement to execution.

The exploration initiative will focus on drilling into the Dawson Bay and Souris River Formations, two deeper zones identified as prospective for enriched lithium brine. These formations, lying below the Duperow formation, have not been previously explored for their lithium potential. The project has received well licenses for the first two wells at Pad #1, with detailed planning already underway. Field activities are scheduled to commence in Q2 2024, aiming to explore these new zones and support the production of lithium brines.

Arizona Lithium's strategic planning extends to the development wells designed to facilitate brine production from the Duperow Formation and the disposal of lithium-depleted brine. The company anticipates the commencement of drilling activities on the prepared Pad #1 in the second quarter of 2024, with further drilling planned on Pads #2 and #3. These efforts are expected to significantly contribute to the project's goal of producing 6,000 tonnes of Lithium Carbonate Equivalent (LCE), moving Arizona Lithium closer to its target of initiating lithium brine production in the first quarter of 2025.

Arizona Lithium is proud to partner with Rhythm Engineering on this venture, confident in the value and expertise Rhythm will bring to the project. This partnership underscores Arizona Lithium's dedication to advancing its lithium projects through sustainable and innovative practices, with the Prairie Lithium Project set to play a crucial role in meeting the growing demand for lithium in the global market.

Arizona Lithium Managing Director, Paul Lloyd, commented: “The drilling program is officially underway with the commencement of the detailed planning phase, with field activities to commence in Q2 of 2024. We were very impressed with the proposal from Rhythm Engineering Inc. and although we had a plethora of options, we are confident that Rhythm are the group capable of completing this key task with the highest speed and quality. We look forward to keeping the market up to date with field activities as well as long lead time purchases/orders in order to continue ticking the boxes to successfully start production of lithium brines in 2025.”

Rhythm Engineering Inc. President of Engineering and Operations, Keith Simard P.Eng commented: “We are tremendously grateful for this opportunity to work with Arizona Lithium on their Prairie Project. Our team looks forward to delivering the design and execution plans required to prove this world-class asset and help secure and develop a long-term source for lithium.


About us:

AZL’s Prairie Lithium Project is located in the Williston Basin of Saskatchewan, Canada, and holds a resource of 6.3 MT of LCE, comprised of 4.5 MT LCE Indicated and 1.8 MT LCE Inferred1. Located in one of the world’s top mining friendly jurisdictions, the projects have easy access to key infrastructure including electricity, natural gas, fresh water, paved highways and railroads. The projects also aim to have strong environmental credentials, with Arizona Lithium targeting to use less use freshwater, land and waste, aligning with the Company’s sustainable approach to lithium development.


Contact details:

Jane Morgan

jm@janemorganmanagement.com.au

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