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NRG Makes Lithium Discovery at the Salar Escondido Project in Catamarca, Argentina
Dec. 07, 2017 08:55AM PST
Battery Metals Investing
NRG Metals Inc. (“NRG” or the “Company”) (TSX-V: NGZ) (OTCQB: NRGMF) (Frankfurt OGPN), is pleased to announce the discovery of lithium at the Salar Escondido Lithium Project, Catamarca Province, Argentina. Consistent with the Company’s geophysical data and geological model, the target zone of sediments saturated with brine that could contain lithium was intersected, and the first lithium …
NRG Metals Inc. (“NRG” or the “Company”) (TSX-V: NGZ) (OTCQB: NRGMF) (Frankfurt OGPN), is pleased to announce the discovery of lithium at the Salar Escondido Lithium Project, Catamarca Province, Argentina. Consistent with the Company’s geophysical data and geological model, the target zone of sediments saturated with brine that could contain lithium was intersected, and the first lithium values from near the top of the brine are very encouraging as shown in the following table.
As quoted in the press release:
Adrian Hobkirk, CEO of NRG commented, “We are very excited with the initial results from nearthe top of the brine zone at Salar Escondido. These results prove the concept that there is a buried salar that contains lithium at Salar Escondido. Furthermore, the Mg/Li ratio is relatively low at 4.6, which is very encouraging.We are hopeful that lithium grades will increase at deeper levels, which is the case in many salars in Argentina. We look forward to continuing the exploration at Salar Escondido to fully assess and delineate this discovery.”
