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NRG Drilling Continues to Intersect High-grade Brine at the Hombre Muerto North Lithium Project
Jun. 14, 2018 10:44AM PST
Battery MetalsNRG Metals the company is pleased to report that assays for double packer samples collected over the interval from 100 to 300 meters of the first core have been received, and average 888 mg/L lithium with a relatively low Mg to Li ratio of 3.0 to 1.0.
NRG Metals (TSX-V: NGZ) (OTCQB: NRGMF) (Frankfurt: OGPN) the company is pleased to report that assays for double packer samples collected over the interval from 100 to 300 meters of the first core have been received, and average 888 mg/L lithium with a relatively low Mg to Li ratio of 3.0 to 1.0.
As quoted in the press release:
José de Castro, Chief Operating Officer of NRG Metals, commented, “we are very excited about the outstanding results from our first hole. The results continue to exceed our expectations. These high grades and favorable Mg to Li ratios have the potential to have a very positive impact on any future capital and operating costs should the economic viability and technical feasibility of the project be established. We are very encouraged to see the entry of POSCO from South Korea into the Hombre Muerto basin with their pending $ 280 million purchase of the northern part of the Sal de Vida lithium project from Galaxy Resources.”
