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Recharge Resources to Commence 2023 Exploration at its 100% Owned Georgia Lake Lithium Project, Ontario
Vancouver, BC – TheNewswire - July 13, 2023- Recharge Resources Ltd. ("Recharge" or the "Company") (CSE:RR) (OTC:RECF) (Frankfurt:SL50) announces the company wi
About this update from Uranium One Mining Corp.
[{"type":"text","content":"Vancouver, BC – TheNewswire - July 13, 2023- Recharge Resources Ltd. (\"Recharge\" or the \"Company\") (CSE:RR) (OTC:RECF) (Frankfurt:SL50) announces the company will deploy a ground prospecting and exploration team on its 100% owned Georgia Lake Lithium Project (“Georgia Lake”) located in the Thunder Bay Mining Division of Ontario. The exploration team will be following up on high priority targets, identified with data from the previously announced heliborne high-resolution magnetic survey completed in Q4 2022 by Prospectair Geosurveys Inc. (“Prospectair”) of Gatineau, Quebec. Figure 1. Imagery from heliborne magnetic survey The exploration and sampling program will be carried out over 7-10 days and will include ground truthing, sampling, and prospecting of several areas that were selected from the high-resolution magnetic survey data, as well as a till sampling program to further evaluate the property for their lithium potential. The program is expected to cost CAD $56,000.00 and anticipated to commence in August 2023 and include a report with an overview of the program and its results. The 752-hectare property is immediately contiguous to Rock Tech Lithium Inc’s (RCK – TSX.V) (“Rock Tech”) Georgia Lake Lithium Property and located approximately 160 km northeast of Thunder Bay, Ontario, within the Thunder Bay Mining Division. CEO, David Greenway, stated, \"We were significantly encouraged by the results of airborne geophysical data at our Georgia Lake Lithium project and are now excited to be sending a ground team in for a follow up exploration program, along with upcoming drilling at the Pocitos 1 Lithium brine project in Argentina to expand our lithium resource, 2023 is shaping up to be a very exciting year for our global portfolio of lithium assets.” On October 20th, 2022, Mercedes-Benz (MBGn.DE) signed a supply agreement with Canadian-German Rock Tech to receive on average 10,000 tonnes of battery-grade lithium hydroxide per year. The deal, which comes shortly after the two groups said they would explore a strategic partnership, has a value over five years of 1.5 billion euros (US$1.47 billion) and will provide enough lithium hydroxide for 150,000 cars a year, the companies said. Further, Canada’s Federal government and the Province of Ontario announced on July 6th, 2023, that they would together provide up to $15 Billion ...