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Argentina Lithium Reports Geophysical Survey Adds Nearly 600 Hectares of Potential Brine Aquifer at Rincon West Project and Plans Additional Drilling
Argentina Lithium Reports Geophysical Survey Adds Nearly 600 Hectares of Potential Brine Aquifer ...
About this update from Argentina Lithium & Energy Corp.
[{"type":"text","content":"\n\n\n\n Argentina Lithium Reports Geophysical Survey Adds Nearly 600 Hectares of Potential Brine Aquifer at Rincon West Project and Plans Additional Drilling\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n TSX Venture Exchange (TSX-V):\n \n LIT\n \n\n Frankfurt Stock Exchange (FSE):\n \n OAY3\n \n\n OTCQX Venture Market:\n \n LILIF\n \n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n Aug. 22, 2024\n \n\n /CNW/ -\n \n Argentina Lithium & Energy Corp.\n \n (TSXV: LIT) (FSE: OAY3) (OTCQX: LILIF),\n \n (\"Argentina Lithium\" or the \"Company\")\n \n announces the completion of geophysical surveys at its Don Fermin property (the \"Property\"), part of the Company's Rincon West lithium project in\n \n Salta Province\n \n ,\n \n Argentina\n \n . The results of these deep-seeking geophysical studies expand the potential extent of conductive brine aquifers at the project by nearly 600 hectares and have provided targets for a new 6-hole drill program at the project, for which permitting is underway.\n \n\n\n\n\n\n\n\n\n The Property covers 1,456 hectares on the eastern flank of the Salar de Rincon, approximately 19 km east of the Company's main Rincon West property block (see location map,\n \n here\n \n ). The block is located adjacent to Rio Tinto's Rincon Project and 1.1 kilometres northeast of Argosy Minerals' Rincon Project.\n \n\n A total of 24.2 line-kilometres of Transient Electromagnetic (TEM) sounding surveys were completed. The surveys provide electrical resistivity data capable of detecting and delineating conductive strata potentially associated with concentrated lithium brines. TEM soundings are an advanced reconnaissance technique frequently employed in the exploration of lithium salars, and the method was successful at delineating the potential brine aquifer for drill targeting at the Company's Rinconcita II and Villanoveño II properties, where all holes drilled to date have intersected significant intervals of lithium-bearing brine (see Company news releases filed on SEDAR+ and the Company's website ...