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Recharge Resources Initiates Requests for Proposals (RFP) for Drill Program at Pocitos 1 Lithium Project, Argentina
Vancouver, BC – TheNewswire - April 1st, 2022 - Recharge Resources Ltd. (“Recharge” or the “Company”) (CSE:RR) (CNSX:RR.CN) (OTC:SLLTF) (Frankfurt:SL5) is pleas
About this update from Uranium One Mining Corp.
[{"type":"text","content":"Vancouver, BC – TheNewswire - April 1st, 2022 - Recharge Resources Ltd. (“Recharge” or the “Company”) (CSE:RR) (CNSX:RR.CN) (OTC:SLLTF) (Frankfurt:SL5) is pleased to announce the Company has completed planning for an upcoming drill program on its recently announced “Pocitos 1” Lithium Brine project in Pocitos Salar 255km from Salta, Argentina. (See option agreement news dated March 23rd, 2022) Recharge is working closely with it’s in-country advisors and geological team to prepare a tender or request for proposals (RFP) to secure local drilling expertise. A planned 2022 drill program will use existing TEM geophysics data, surface sampling, and existing drill hole data to identify and drill two additional ~400m holes for a total 4 completed holes at its Pocitos 1 project in Salta, Argentina. The drill site locations will be selected in order to maximize the project’s potential and complete a NI 43-101 mineral resource estimate at the Pocitos 1 exploration licence. Pocitos drilling with estimated 50-75,000 litres per min flow rate: CEO and director, Yari Nieken, states, \"We are moving forward quickly with our planned drilling of two additional holes at the Pocitos 1 lithium salar. As you can see from the video link above, and available on Youtube, the impressive flow rates are upwards of 75,000 litres per min of lithium brine. With two existing drill holes in place, this new drilling will assist in establishing an NI 43-101 mineral resource. We have benefitted greatly from an embedded geological team which has empowered us to truly hit the ground running.\" Figure 1 – Pocitos 1 Lithium Brine Map About Pocitos 1 Lithium Brine Project The Pocitos Project is located approximately 10km from the township of Pocitos where there is gas, electricity, and telephone internet services. Pocitos 1 is approximately 800 hectares and is accessible by road. Previous exploration and development teams have spent over USD $1.5 million exploring the project, including surface sampling, trenching, TEM geophysics and drilling two 400m holes that had outstanding brine flow results. Locations for immediate follow up drilling have already been designed and identified for upcoming exploration. Lithium values of up to 125ppm from Laboratory analysis conducted by Alex Stewart were recorded by A.I.S. Resources Ltd during the projects first drill campaig...