NOA Lithium Accelerates Drill Program at Rio Grande with Mobilization of Second Rig

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[{"type":"text","content":"NOA Lithium Accelerates Drill Program at Rio Grande with Mobilization of Second RigBUENOS AIRES, ARGENTINA / ACCESSWIRE / August 16, 2023 / NOA Lithium Brines Inc. (TSXV:NOAL)(FSE:N7N) (\"NOA\" or the \"Company\") is pleased to announce that a second diamond drill rig has been mobilized and will commence drilling shortly at the Rio Grande Project (\"Rio Grande\" or \"the Project\") located in Salta Province, Argentina. A second rig has been added based on the successful results achieved to date from the ongoing Phase 1 diamond drill program. A plan map of the completed and upcoming drillholes is shown in Figure 1. The third hole started approximately two weeks ago and is well-advanced, and the fourth hole will begin imminently with the addition of this second rig.Highlights from the completed holes include:Hole 23-001First hole ever drilled in alluvials surrounding the surface salar (\"salar\") at Rio Grande, resulting in the discovery of two thick, high-grade brine aquifers, including:71 meter (\"m\") permeable interval with grades averaging 433 milligrams per liter (\"mg/l\") Li, starting at a depth of 101 m; and158 m permeable interval with grades up to 925 mg/l Li, and averaging 773 mg/l Li, starting at a depth of 311 m. This aquifer returned some of the highest grades in the entire region.Results of this hole are encouraging as NOA controls the vast majority of the north and northeast alluvials of the salar at Rio Grande, noted as the high-potential resource growth areas at the Project based on the most recent technical report [1].Hole 23-002Drilled 14 km south of the first hole and within the surface salar, intercepting both the historically known shallow aquifer and a newly discovered deeper aquifer. Both aquifers returned impressive grades and thicknesses, including:158 m permeable interval with grades up to 556 mg/l Li, and averaging 440 mg/l, starting at a depth of 17 m; and149 m permeable interval with grades up to 552 mg/l Li, and averaging 485 mg/l Li, starting at a depth of 317 m.NOA controls a significant land package over several claims on the surface salar at Rio Grande, with a combined on-salar position of over 2,000 hectares (20 square kilometers).Taj Singh, President and CEO states: \"We aim to further accelerate our rapid progress at Rio Grande with the addition of a second rig. From the commencement of dril...

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