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Recharge Resources Sends Core Samples for NI 43-101 Resource Estimate at Pocitos 1 Lithium Brine Project
Vancouver, BC – TheNewswire - August 17th, 2023 - Recharge Resources Ltd. ("Recharge" or the "Company") (CSE:RR) (OTC:RECHF) (Frankfurt:SL5) is pleased to annou
About this update from Uranium One Mining Corp.
[{"type":"text","content":"Vancouver, BC – TheNewswire - August 17th, 2023 - Recharge Resources Ltd. (\"Recharge\" or the \"Company\") (CSE:RR) (OTC:RECHF) (Frankfurt:SL5) is pleased to announce the Company has been able to source drilling core from the three drill holes drilled in Pocitos 1 Lithium Brine Project in Salta, Argentina. The core has now arrived at Core Laboratories, Perth Australia to enable the core to be tested for porosity and transmissivity which will be input into the resource estimate calculations currently being prepared by WSP as announced on July 24th, 2023. Figure 1. Sample cores ready for porosity and transmissivity tests Core Laboratories Australia has been retained to do the work. Core Laboratories is a leading global provider of proprietary and patented reservoir description and production enhancement services. Core Laboratories provides the technology needed to enhance production. They continue to develop and acquire technologies that complement existing products and services, and they disseminate these technologies throughout their global network. The depth of the core samples being tested are: Po2_Core1: 360.85 - 361.00m Po1_Core2: 328.30 - 328.44m Po1_Core3: 346.30 - 346.47m Po2_Core4: 400.78 - 401.95m PCT-22-01 Core5: 347.25 - 347.40m PCT-22-01 Core6: 358.73 - 358.86m PCT-22-01 Core7: 362.00 - 362.16m Drill Hole No 3 (PCT-22-01) surged significantly due to the gas that was intercepted. Therefore, core porosity rather than brine release calculations will be used to establish the resource estimate. The company’s maiden resource estimate is another step in the company’s endeavour to build up to a 20,000-tonne Ekosolve™ direct lithium extraction (DLE) plant at the Pocitos project in order to supply Richlink Capital client’s up to 20,000 tonnes of lithium chloride/carbonate per year, as previously announced under a non-binding letter of intent of offtake. CEO, David Greenway, summarised, \"Recharge is pushing forward to determine the reservoir size and resource estimate of lithium metal or LCE at Pocitos 1. We are delighted to be working with leaders in the field - WSP Global and Core Laboratories to assist in development of the project towards the goal of production. These developments will contribute to our milestones of a resource estimate,...