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Recharge Resources Drill Contract Executed For Upcoming Drilling Of Production Ready Well At Its Pocitos 1 Lithium Brine Project
Vancouver, BC, Sept. 20, 2022 (GLOBE NEWSWIRE) -- Recharge Resources Ltd. (“Recharge” or the “Company”) (RR: CSE) (RECHF: OTC) (SL5: Frankfurt) is pleased to an
About this update from Uranium One Mining Corp.
[{"type":"text","content":" Vancouver, BC, Sept. 20, 2022 (GLOBE NEWSWIRE) -- Recharge Resources Ltd. (“Recharge” or the “Company”) (RR: CSE) (RECHF: OTC) (SL5: Frankfurt) is pleased to announce the Company’s project manager has entered into a drill contract for the Company’s imminent drilling campaign for its “Pocitos 1” Lithium Brine Project in Salta, Argentina. The Company has advanced an additional USD $141,880 to the fully-funded production diameter well drill program. The Company expects drilling to commence on or around October 7th. Additional updates will be provided as they become available. Recharge is working closely with it’s in-country advisors on the fully-funded single 400 meter production diameter well located between the two previously drilled exploration HQ diamond drill holes which will be positioned to confirm the continuity of aquifer containing the lithium brines delineated during previous drill campaigns for the establishment of a NI 43-101 compliant resource. Figure 1. Drill on site from 2018 drilling campaign The work consists of drilling one 400 meter exploratory HQ drill hole in the Pocitos 1 Salt flat then increasing the diameter. The drillhole will then be lined with PVC tubing. Extraction of brine samples with the use of inflating/double air lift packers will be used. The campaign will be carried out with a self-propelled diamond drilling system on tracks. The core will be stored in wooden trays, with the corresponding identification. Brine recovery measurements will be prioritized over depth and the core will be shipped to the company’s recently announced offices and core shack 10km away to maintain quality controls and sample security at all times. Video of Pocitos drilling with exceptional flow rate (2018 Drilling): Click Here The high flow rate was encountered in both holes drilled in 2018 at the Pocitos 1 Lithium Project. This high flow rate is expected to result in reduced operational costs with the reduction of pumps required, as well as ensuring the columns have sufficient brine with the Ekosolve™ extraction methodology contemplated at the Pocitos 1 Project. CEO and director, David Greenway states, \"With a now fully-funded and executed drill contract with funds advanced to the contracting parties, Recharge’s planned drilling of a production diameter well at the Pocitos 1 lithium salar is moving forward quickly. ...