New World Resource Corp.: Lithium Brine Drilling Commences at Pastos Grandes Salar

- September 9th, 2010

New World Resource Corp. (CVE:NW) announced the commencement of a minimum 1,500 metre drill program on its 99% owned Pastos Grandes lithium brine project in southwestern Bolivia.

New World Resource Corp. (TSXV:NW) announced the commencement of a minimum 1,500 metre drill program on its 99% owned Pastos Grandes lithium brine project in southwestern Bolivia.

The press release is quoted as saying:

The Company has completed near surface sampling of the brine to a depth of 1.3 metres. This sampling program returned very favourable results with average lithium grades of greater than 1,000 ppm and potassium contents of 1.73%. The magnesium to lithium ratio is also very favourable at 2.2:1.

Click here to access the entire press release

Click here to access New World Resource Corp. Corporate Site

2 responses to “New World Resource Corp.: Lithium Brine Drilling Commences at Pastos Grandes Salar

  1. Norilsk Nickel is focusing more on their large Tier 1 assets. This is definitely to the benefit of Poseidon as the Black Swan mine doesn’t fit into NN’s Tier 1 strategy.

  2. Norilsk Nickel is focusing more on their large Tier 1 assets. This is definitely to the benefit of Poseidon as the Black Swan mine doesn’t fit into NN’s Tier 1 strategy.

Leave a Reply