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Recharge Resources Mapping Strategic Drill Locations for Upcoming Pocitos 1 Lithium Salar Drill Program, Argentina
Vancouver, BC - TheNewswire - March 29th, 2022 - Recharge Resources Ltd. (“Recharge” or the “Company”) (CSE:RR) (CNSX:RR.CN) (OTC:SLLTF) (Frankfurt:SL5) is plea
About this update from Uranium One Mining Corp.
[{"type":"text","content":"Vancouver, BC - TheNewswire - March 29th, 2022 - Recharge Resources Ltd. (“Recharge” or the “Company”) (CSE:RR) (CNSX:RR.CN) (OTC:SLLTF) (Frankfurt:SL5) is pleased to announce the company is now compiling existing geological data and the mapping existing drill hole locations for a planned upcoming drill program on its newly optioned Pocitos 1 Lithium Salar project in Salta, Argentina. (See option agreement news dated March 23rd, 2022) Recharge Resources CEO and director, Yari Nieken, states, \"We are systematically compiling geological data to secure drill targets for an upcoming planned drill program at the Pocitos 1 lithium salar. With two existing dill holes in place, this new drill program will assist in establishing an NI 43-101resource. 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 Project is located approximately 10km from the township of Pocitos where there is gas, electricity, and telephone internet services. Pocitos I 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 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 campaign in May 2018 using a double packer in HQ Diamond drill holes to a depth of 409 metres and the flow rate of the hole exceeded 75,000 Litres per minute and continued for more than 5 hours. Both drill holes had exceptional brine flow rates. Recharge's plan is to sample the current drill holes and drill a further two holes to work towards a NI 43-101 resource calculation. Qualified Person Phillip Thomas, BSc Geol, MBusM, FAusIMM, MAIG, MAIMVA, (CMV), a Qualified Person as defined under NI 43-101 regulations, has reviewed the technical information that forms the basis for portions of this news release, and has approved the disclosure herein. About Recharge Resources Recharge Resources is a Canadian mineral exploration company focus...