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NOA's Second Hole at Rio Grande Intercepts 307 m of High-Grade Lithium Brine Over Two Aquifers, With Grades Up To 556 mg/l Li
TORONTO, ON / ACCESSWIRE / July 31, 2023 / NOA Lithium Brines Inc. (TSX-V:NOAL)(FSE:N7N) ("NOA" ...
About this update from Noa Lithium Brines Inc
[{"type":"text","content":"NOA’s Second Hole at Rio Grande Intercepts 307 m of High-Grade Lithium Brine Over Two Aquifers, With Grades Up To 556 mg/l LiTORONTO, ON / ACCESSWIRE / July 31, 2023 / NOA Lithium Brines Inc. (TSX-V:NOAL)(FSE:N7N) (\"NOA\" or the \"Company\") is pleased to report positive lithium results from brine samples from RG23-002, the second hole of the Phase 1 diamond drill program at its Rio Grande project (\"Rio Grande\" or \"the Project\") located in Salta Province, Argentina. The hole was drilled within the salar, approximately 14 kilometers (\"km\") south of the first hole on the Project and intersected two high-grade lithium (\"Li\") brine aquifers of significant thickness. Highlights include:158 meter (\"m\") permeable interval with grades up to 556 milligrams per liter (\"mg/l\") Li, and averaging 440 mg/l, starting at a depth of 17 m149 m permeable interval with grades up to 552 mg/l Li, and averaging 485 mg/l Li, starting at a depth of 317 m, representing a newly discovered deeper aquifer in the salarTaj Singh, President and CEO states: \"Following up on our successful first hole at Rio Grande, our second hole, 14 km south, the deepest publicly reported drill hole on the Rio Grande salar, builds on our excitement for the Project. As in the first hole, RG23-002 intercepted two thick, high-grade brine horizons; the first aquifer was intercepted at very shallow depths and the second aquifer was a new discovery starting approximately 300 m from surface.\"Both aquifers returned some of the top grades ever encountered on the Rio Grande salar and the brine intervals' grades and total thickness rank among the highs of the region. These grades once again exceeded our expectations, and the discovery of the second aquifer within the salar was extremely encouraging. As in our first hole, brine geochemistry and permeability were consistent and positive for future process planning.\"Both aquifers demonstrate potential to extend into NOA's claimblocks on other parts of the salar and may continue past the surface manifestation of the salar (visible salar) and into the alluvials within the basin. This second hole follows on the discovery of significant lithium-bearing brines in the first hole, RG23-001 (see NOA News Release dated June 22, 2023). In that hole two stacked aquifers in the northern alluvials of the salar were discovered: a p...