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NRG Announces Initial Results for Second Drill Hole at Its Flagship Hombre Muerto North Lithium Project
NRG Announces Initial Results for Second Drill Hole at Its Flagship Hombre Muerto North Li...
About this update from Lithium South Development Corporation
[{"type":"text","content":"\n\n\n\nNRG Announces Initial Results for Second Drill Hole at Its Flagship Hombre Muerto North Lithium Project\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\n\n\n\n\n\n\n- Initial sample results for the second core hole indicate excellent lithium values with very low Mg/Li ratios. The arithmetic average of three samples taken to a depth of 61.5 m is 719 mg/l lithium with a magnesium to lithium ratio ranging from 2.1 to 3.3\nCanada NewsWire\nVANCOUVER, British Columbia, July 10, 2018\n\n\n\n\n\n\n\n\nVANCOUVER, British Columbia, July 10, 2018 /CNW/ -- NRG Metals Inc. (\"NRG\" or the \"Company\") (TSX-V: NGZ) (OTCQB: NRGMF) (Frankfurt: OGPN) is pleased to report the initial assays for samples from the second diamond drill hole at the Hombre Muerto Lithium project. The samples were taken from near surface to a depth of 61.5 m below surface.  The samples average 719 mg/L lithium with a very low Mg to Li ratio ranging from 2.1 to 3.3. These values are similar to the results obtained in the first diamond drill hole located 2.1 kilometers to the east. The assays results are shown in the table below.\n\n\n\nDrilling in this hole has advanced to a depth of 226.5 m with a planned depth of 400 m. Host rocks are mainly poorly-consolidated sandstone from surface to 77 m, followed by a layer of compact halite from 77 to 139 m, poorly-consolidated sandstone from 139 to 166 m, and then intercalated halite and sandstone to the current bottom of the hole at 226.5 m. \n\nAdrian Hobkirk, CEO of NRG Metals Inc., commented, \"We are encouraged to find high lithium grades in the first part of the second hole, and these results demonstrate the presence of lithium bearing brine across our Tramo property.  We will have a more complete picture once this hole is completed and when we have the results of the pumping test from the large diameter hole completed adjacent to the first core hole.\"\n\nThe sampling was conducted with single packer equipment over 1.0 to 2.5 m intervals approximately every 20 meters. Brine is present from the surface and below the elevation of the last sample reporte...