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Be the first with the news that moves the market- Argentina Lithium (LIT) positive lithium brine values from the third and fourth diamond drill holes at its Rincon West Project in Argentina
- The fifth exploration hole is currently in the final steps of completion
- The property is currently permitted for up to 9 exploration drill holes
- Miles Rideout, VP Exploration, sat down with Daniella Atkinson to highlight the results
- Argentina Lithium & Energy Corp (LI) is focused on acquiring high-quality lithium projects in Argentina
- Argentina Lithium & Energy Corp. (LIT) opened trading at C$0.265 per share
Argentina Lithium (LIT) has announced positive lithium brine values from the third and fourth diamond drill holes at its Rincon West Project.
The Rincon West project in Argentina covers 3742.8 hectares of the salar basin, located west and north of the adjacent Rincon Project owned by Rio Tinto. The property is currently permitted for up to 9 exploration drill holes. The fifth exploration hole is currently in the final steps of completion.
Miles Rideout, VP Exploration, sat down with Daniella Atkinson to highlight the results.
“The fourth exploration hole has produced our best results to date. Lithium brines start at 38 metres depth, but the exciting result is the interval from 95 m to 227 m, with lithium values ranging from 334 to 382 mg/litre over a continuous 132 m interval. The third hole, located in the southern portion of the property, produced lower-grade brines at the bottom of the hole. Though the lithium potential appears to decrease in the southern portion of the basin, it is notable that we still produce lithium brines while stepping out 1.8 km south from our previous drilling. We have more drilling to do, to fully delineate our brine aquifer, particularly in the west and north.”
Argentina Lithium & Energy Corp (LI) is focused on acquiring high-quality lithium projects in Argentina and advancing them toward production in order to meet the growing global demand from the battery sector.
Argentina Lithium & Energy Corp. (LIT) opened trading at C$0.265 per share.
