• 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 Minerals
    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

    Written by Scott Tibballs
    |
    Jul. 10, 2018 09:13AM PST

    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
    Argentina Lithium and Energy CEO Nikolaos Cacos

    Argentina Lithium Strengthens Lithium Play as Drilling Continues at Argentina Asset

    lithium symbol and canadian flag

    Top 5 Canadian Lithium Stocks (Updated October 2023)

    Latest News

    US Elemental Files S-4 Registration Statement

    Ni-Co Energy Inc. Announces Filing Of Final Prospectus For Proposed Initial Public Offering

    Homerun Resources Inc. Advances Phase 2 of Its Three-Phase Purification Platform

    Extension of Due Diligence for Acquisition of U.S. Projects

    Collie earthworks & civil construction to commence

    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 Investing Stocks

    CleanTech Lithium

    CleanTech Lithium (CTLHF)
    CTLHF

    Lithium Africa

    Lithium Africa (LAF:CC)
    LAF:CC

    Green Technology Metals

    Green Technology Metals (GT1:AU)
    GT1:AU

    Galan Lithium

    Galan Lithium (GLN:AU)
    GLN:AU

    Jindalee Lithium

    Jindalee Lithium (JLL:AU)
    JLL:AU

    American Salars Lithium

    American Salars Lithium (USLI:CC)
    USLI:CC
    More featured stocks

    Browse Companies

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