- Vortex Energy Corp. (CSE:VRTX) has begun diamond core drilling at its Robinsons River Salt Project in Newfoundland and Labrador
- The company is fully permitted to drill two core wells at the project. The two core wells that will be drilled are at the East and West salt structures of the project
- The objective of the drill program is to drill at the two confirmed core wells to confirm the depth of the salt structures and attain the geological properties of the salt and non-salt rocks at the project
- Vortex Energy Corp. last traded at $0.40 per share
Vortex Energy Corp. (CSE:VRTX) has begun diamond core drilling at its Robinsons River Salt Project in Newfoundland and Labrador.
The drilling program is being conducted by Major Drilling Group International Inc. under the support of Vortex’s consultant partner, RESPEC Consulting Inc. The company is fully permitted to drill two core wells at the project. The two core wells that will be drilled are at the East and West salt structures of the project.
The objective of the drill program is to drill at the two confirmed core wells to confirm the depth of the salt structures and attain the geological properties of the salt and non-salt rocks at the project.
The East Salt Structure can potentially hold an estimated amount of 550,000 tonnes of hydrogen in more than 35 caverns, based on conservative estimates and up to 900,000 tonnes of hydrogen in more than 53 caverns, using optimistic estimates, based on available geological information.
The West Salt Structure can potentially hold an estimated amount of 250,000 tonnes of hydrogen in more than 25 caverns, based on conservative estimates and up to 350,000 tonnes of hydrogen in more than 43 caverns, using optimistic estimates, and based on the available geological information.
The property is next to Atlas Salt’s (TSX:SALT) Great Atlantic Salt Deposit. The salt deposit contains an inferred resource of 908 million tonnes grading 96.9 per cent sodium chloride using bulk density of 2.16 g/cm3.
“Getting to this point has involved extensive planning and effort from our team and partners,” Paul Sparkes, chief executive officer, commented in a news release. “We envision the Robinsons River Salt Project as a key driver of economic growth in the region, and we eagerly anticipate collaborating with the local community.”
Vortex Energy Corp. is a Canada-based junior mineral exploration company. The company is engaged in the business of acquisition, exploration, staking and evaluation of natural resource properties in North America.
Vortex Energy Corp. last traded at $0.40 per share.
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