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Minister Of Production and Sustainable Development of Salta Province, Argentina Approves Drill Permits For Spey’s Pocitos Salar Projects
Vancouver, British Columbia, Oct. 17, 2022 (GLOBE NEWSWIRE) -- Spey Resources Corp. (CSE: SPEY) (OTC: SPEYF) (FRA: 2JS) ("Spey” or the "Company") is pleased to
About this update from Armory Mining Corp.
[{"type":"text","content":" Vancouver, British Columbia, Oct. 17, 2022 (GLOBE NEWSWIRE) -- Spey Resources Corp. (CSE: SPEY) (OTC: SPEYF) (FRA: 2JS) (\"Spey” or the \"Company\") is pleased to announce that the Ministerio de Produccion y Desarrollo Sustentable (Minister of Production and Sustainable Development) (the “MPSD”) has approved the Company’s drill permits for Pocitos Salar projects 1 and 2. As mentioned in the Company’s press release dated October 6, 2022, the drill camp, internet, diesel tanks and geological offices have been constructed in the town of Pocitos. Drill Rigs Mobilizing To Pocitos Salar, Argentina Phil Thomas, CEO of Spey, states, “these are exciting times for the Company since we have received our green light to drill and have mobilized the drill rigs to Pocitos 1. Drilling has begun on Pocitos 1 and we anticipate drilling to begin on Pocitos 2 around October 27, 2022. Drill Rig Set Pocitos 1, Pocitos Salar, Argentina Qualified Person The scientific and technical content of this news release has been reviewed and approved by Phillip Thomas, BSc. Geol, MBM, FAusIMM, MAIG, MAIMVA(CMV), who is a \"qualified person\" for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects, and is CEO of the Company. About Spey Resources Corp. Spey Resources is a Canadian mineral exploration company which has an 80% interest in the Candela II lithium brine project located in the Incahuasi Salar, Salta Province, Argentina. Spey also holds an option to acquire a 100% undivided interest in Pocitos II and 20% interest in the Pocitos I lithium projects. Spey also holds interests in four lithium exploration projects located in the James Bay Region of Quebec. Spey has a 100% interest in the Silver Basin Project located in the Revelstoke Mining Division of British Columbia as well as an option to acquire a 100% interest in the Kaslo Silver project, west of Kaslo, British Columbia. For more information, please contact: Nader Vatanchi VP of Corporate Finance, [email protected] 778-881-4631 Cautionary Note Regarding Forward-Looking Statements This news release includes forward-looking statements that are subject to risks and uncertainties, including with respect to the Company's business and plans, including with respect to undertaking further acquisitions and drilling at Pocitos 1 and Pocitos 2...