Announcement Date: 2023-05-31
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Argentina Lithium & Energy Corp.
Project name: Rincon West
Location: Argentina
Commodities: Lithium,Magnetite,Potassium
Highlight: Drilling results incl. 42m at 331mg/l Li, 6292mg/l K, 2905mg/l , from 299m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Vancouver, BC / CNW / May 31, 2023 / Argentina Lithium & Energy Corp. (TSX-V: LIT, FSE: OAY3, OTC: PNXLF), (“Argentina Lithium” or the “Company”) reports the completion of the ninth exploration hole at its Rincon West Project in Salta Province, Argentina, returning a 258 m interval ranging from 287 to 402 mg/l lithium. Two portions of this interval were not sampled, one length of 42 m and a second length of 33 m. “Our ninth exploration hole has returned the highest peak lithium value and longest concentrated brine interval reported to date on the Rincon West project. This rich brine zone remains open to the north, clearly demonstrating the requirement to expand drilling in this direction in a future campaign. These nine holes have overall produced the results we anticipated when we began exploration a year ago, demonstrating that the concentrated brines from the neighboring salt flat extend through the western basin.” stated Miles Rideout, V.P. of Exploration
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