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NOA Lithium Brines Commences Trading on the TSX-V Under the Symbol "NOAL" and Provides Operational Update
TORONTO, ON / ACCESSWIRE / March 6, 2023 / NOA Lithium Brines Inc. (TSXV:NOAL) (" NOA " or the "...
About this update from Noa Lithium Brines Inc
[{"type":"text","content":"NOA Lithium Brines Commences Trading on the TSX-V Under the Symbol “NOAL” and Provides Operational UpdateTORONTO, ON / ACCESSWIRE / March 6, 2023 / NOA Lithium Brines Inc. (TSXV:NOAL) (\"NOA\" or the \"Company\") is pleased to announce that the Company's common shares commenced trading on the TSX Venture Exchange (the \"TSX-V\") at the opening of market on Friday, March 3, 2023 under the symbol \"NOAL\". This follows the closing of the Company's previously announced reverse take-over transaction of Navion Capital Inc.Taj Singh, President and CEO of NOA comments, \"We are very pleased to commence trading on the TSX-V and we look forward to presenting exciting results in the coming weeks and months. NOA has an impressive portfolio of projects, all located in the most prolific lithium-producing region of the world, led by a team with extensive in-country and resource development experience. NOA's projects have high prospectivity based on surrounding historic drilling and geophysics, and the sheer size of the claims packages offers significant unexplored potential.\"Projects' HighlightsNOA has three lithium projects, all of which are located in the heart of the prolific Lithium Triangle, in the mining-friendly province of Salta, Argentina, in close proximity to a multitude of projects / operations owned by some of the largest players in the lithium industry. NOA has rapidly consolidated one of the largest lithium brine claim portfolios in this region, not owned by a producing company, with key positions on three prospective salars (Rio Grande, Arizaro, Salinas Grandes) totalling over 100,000 hectares (\"ha\").The Company's flagship Rio Grande project (43,000 ha) is located adjacent to / surrounding a project with an existing resource (Pluspetrol S.A.).The key opportunities for NOA at Rio Grande are: (1) deeper drilling where recent geophysical testing has identified lithium brine to a depth of 500 metres (\"m\"), as historical drilling at the salar has only drilled to depths of 100 m or less; and (2) exploration of the broader salar basin (salar under alluvial cover) which shows brine potential from geophysics completed by NOA and others.NOA also has significant positions on the Arizaro (44,000 ha) and the Salinas Grandes (9,200 ha) salars. Both of these salars have had exploration work carried out on them and are host...