NRG Metals Inc. has completed the first drill hole at the Salar Escondido Lithium Project, Catamarca Province, Argentina. The hole was drilled to a depth of 307 m due to hole conditions. The hole bottomed in brine and the brine target remains open at depth.
At a depth of 210 m the hole was converted from core drilling to tricone rotary drilling due to challenging drilling conditions. Now that the hole has been terminated, the interval from 307 – 210 m will be sampled using either a double packer or bailer system, depending upon the conditions in the hole.
Consistent with the company's geophysical data and geological model, the target zone of sediments saturated with brine that could contain lithium was intersected at 140 m, and has continued to the completed depth of 307 m with the brine zone target open below that depth. Recent sampling in the interval from 183 – 198 m returned an average of 229 mg/liter lithium.Onsite quality assurance and quality control (QA/QC) was supervised by William Feyerabend, a Certified Professional Geologist and a Qualified Person under NI 43-101.
CEO of NRG Metals Inc., Adrian Hobkirk, commented, "We are very excited that we have a lithium saturated brine confirmed near the top of the target zone at Salar Escondido and the fact that the brine zone now appears to be very thick. Given that our current drilling bottoms in brine and is open at depth is very encouraging highlighting the substantial size potential of the salar. We look forward to reporting the sampling in progress and continuing the exploration at Salar Escondido to fully assess and delineate this discovery."