The company would also like to investigate the possibility of combining geothermal energy and lithium extraction.
British mining company Cornish Lithium is gearing up to drill its first exploration holes to test whether it is possible to exploit lithium from geothermal waters that occur naturally and circulate beneath historic mine workings in Cornwall.
The company has successfully raised £1.4-million in crowdfunding, welcoming 1,200 new investors, and is now preparing to proceed with drilling this month.
Cornish Lithium would also investigate the possibility of combining geothermal energy and lithium extraction.
Geothermal Engineering Limited (GEL) had recently drilled two deep geothermal holes at United Downs near Redruth – a production hole 5,275 m deep and an injection hole 2,393 m deep – both of which targeted a similar geological structure to those targeted by Cornish Lithium.
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- Thursday, January 19, 2017 - United Kingdom: New Lithium - Geothermal Energy Project Proposed in Cornwall