The project is a Playa Lake in the Basin and Range Province and is the northernmost member of a northwest-southeast trending playa lake system that includes Cadiz Lake and Danby Lake.
The regional mineralogy is described as having a bullseye pattern of minerals with lithofacies consisting of halite at the center surrounded by mud, gypsum, and finally a sand flat playa margin. These minerals also have vertical lithofacies which resemble the horizontal facies stratification with gypsum occurring deeper in the playa followed by mud-halite and halite on top.
The mud lithofacies consists of thick detrital mud, and the halite lithofacies is defined by giant hopper shaped crystals.
Past studies have determined that some mineralization occurring in Bristol Lake precipitated displacively within the sediment where mineralized groundwater recharges around the mud lithofacies. Thin crusts and hopper-shaped halite crystals that occur in the sediment are caused by evaporative growth from capillary brines discharging at the surface. Sediment mineral composition found in the desert saline sediments of southern California are predominantly influenced by the composition of the source rock, this is true for Bristol Lake as well.
The brine chemistries at Bristol Lake are different from those predicted to form by the evaporative concentrations of the 2 inflow waters currently accounted for. It is speculated that a magma chamber drives the formation of brines at elevated temperatures and drives the transportation of these brines to the surface. Other evidence of a magma chamber in the area is the Amboy crater and its associated lava flows, which occur directly North of Bristol Lake.
Neither the Company, nor National Chloride Company of America (“National Chloride”) makes any representations as to the value of lease rights associated with National Chloride’s Bristol Lake mineral claims (the “Property”), the availability of any particular resource or minerals on the Property, or the merits of any proposed exploration work to be completed on the Property. National Chloride expressly disclaims any responsibility for the adequacy or accuracy of disclosure made by the Company in respect of the Property. Readers are cautioned that a “Qualified Person”(as that term is defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects) has not done sufficient work to specify any mineral resource or reserve on the Property.