Business
Argentina Lithium to Begin Drilling at Incahuasi Salar
VANCOUVER, British Columbia, Jan. 31, 2018 (GLOBE NEWSWIRE) -- Argentina Lithium & Energy Corp. (TSXV:LIT) (FSE:OAY2) (WKN: A0RK7E) (OTC: PNXLF), “Argentina Lit
About this update from Argentina Lithium & Energy Corp.
[{"type":"text","content":"VANCOUVER, British Columbia, Jan. 31, 2018 (GLOBE NEWSWIRE) -- Argentina Lithium & Energy Corp. (TSXV:LIT) (FSE:OAY2) (WKN: A0RK7E) (OTC: PNXLF), “Argentina Lithium” or the “Company”) is pleased to announce that it has obtained the necessary permits to drill test its 100%-controlled Incahuasi Lithium Project in Catamarca Province, Argentina. Drilling is expected to commence in early February, 2018. The Incahuasi salar is situated within the “Lithium Triangle” of Argentina and Chile, and has characteristics prospective for lithium-rich brines. Initial sampling of near-surface brines returned up to 409mg/L lithium, and geophysical surveying indicates the potential for lithium-rich brines at depth. (See News Release dated November 6th 2017, filed on SEDAR). “We are grateful to have received these drill permits. As our Company is fully funded, we are now set to begin the first detailed brine testing program at Incahuasi,” said Nikolaos Cacos, President and C.E.O. “We are very excited about the potential of this salar in the heart of the Lithium Triangle.” The Company plans to initially complete 4 diamond drill holes to depths of approximately 400 metres. The holes are designed to test two highly conductive domains identified by the Vertical Electrical geophysical survey (VES), and interpreted as brine bodies, over along 12 kilometres parallel to the long axis of the salar (see Figure 1). PDF.js viewer Thumbnails Document Outline Attachments Layers Current Outline Item Previous Next Highlight All Match Case Match Diacritics Whole Words Color Size Color Thickness Opacity Open Print Save Presentation Mode Current Page Go to First Page Go to Last Page Rotate Clockwise Rotate Counterclockwise Text Selection Tool Hand Tool Page Scrolling Vertical Scrolling Horizontal Scrolling Wrapped Scrolling No Spreads Odd Spreads Even Spreads Document Properties… Toggle Sidebar Find Previous Next Open Print Save Text Draw Tools Zoom Out Zoom In Automatic Zoom Actual Size Page Fit Page Width 50% 75% 100% 125% 150% 200% 300% 400% Enter the password to open this PDF file: Cancel OK File name: - File size: - Title: - Author: - Subject: - Keywords: - Creation Date: - Modification Date: - Creator: - PDF Producer: - PDF Version: - Page Count: - Page Size: - Fast Web View: - Close Preparing document for printing… 0% Cancel The Incahuasi ...