• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Battery Metals Market
    Battery Metals News
    Battery Metals Stocks
    • Battery Metals Market
    • Battery Metals News
    • Battery Metals Stocks
    lithium investing

    NRG Announces Initial Results for Second Drill Hole at Its Hombre Muerto North Lithium Project

    Scott Tibballs
    Jul. 10, 2018 09:13AM PST
    Battery Metals

    Initial sample results for the second core hole indicate excellent lithium values with very low Mg/Li ratios.

    NRG Metals (TSXV:NGZ) has reported the initial assays for samples from the second diamond drill hole at the Hombre Muerto Lithium project in Argentina.

    The samples were taken from near surface to a depth of 61.5 m below surface. The samples average 719 mg/L lithium with a very low Mg to Li ratio ranging from 2.1 to 3.3. These values are similar to the results obtained in the first diamond drill hole located 2.1 kilometers to the east.

    According to the release, drilling in this hole has advanced to a depth of 226.5 m with a planned depth of 400 m. Host rocks are mainly poorly-consolidated sandstone from surface to 77 m, followed by a layer of compact halite from 77 to 139 m, poorly-consolidated sandstone from 139 to 166 m, and then intercalated halite and sandstone to the current bottom of the hole at 226.5 m.

    CEO of NRG Metals, Adrian Hobkirk said:

    “We are encouraged to find high lithium grades in the first part of the second hole, and these results demonstrate the presence of lithium bearing brine across our Tramo property. We will have a more complete picture once this hole is completed and when we have the results of the pumping test from the large diameter hole completed adjacent to the first core hole.”

    Click here to read the full NRG Metals (TSXV:NRG) press release.

    argentinahombre muertotsxv:nrgnrg metalslithium investing
    The Conversation (0)

    Go Deeper

    AI Powered
    Fundamental Research Initiates Coverage on Grid Battery Metals and Publishes its Initiation Research Report

    Fundamental Research Initiates Coverage on Grid Battery Metals and Publishes its Initiation Research Report

    Due Diligence Concluded / Commencement of Definitive Agreement

    Latest News

    Homerun Resources Inc. Announces Future Production of 100% Antimony-Free Solar Glass in Brazil

    Altech Launches 15kWh UPS Battery for European Gas Pipelines

    Altech Batteries Ltd Launches 15kWh UPS Battery for European Gas Pipelines

    Homerun Resources Inc. Financing Updates

    Western Uranium & Vanadium to Acquire Uranium Claims

    More News

    Outlook Reports world

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Battery Metals Stocks

    Green Technology Metals

    GT1:AU

    International Lithium Corp.

    ILC:CA

    Lithium Africa

    Atlantic Lithium

    A11:AU

    Galan Lithium

    GLN:AU

    Jindalee Lithium

    JLL:AU
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES