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Argentina Lithium & Energy Corp.
Summary
| Project: | Incahuasi | |
|---|---|---|
| Deposit: | Incahuasi | |
| Location: | Argentina | |
| Commodities: | Lithium | |
| Date: | 8/24/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 24-8-2018: Argentina Lithium & Energy Corp. announces an Exploration/Drilling Update report for its Incahuasi deposit at the Incahuasi project. Drilling results incl. avg. 109 Li mg/L over 4 drill holes for 878m. Vancouver, BC / Globe Newswire / August 2 | |
| Resources: | x | |
| CP/QP: | [Overall Report]: David Terry (Internal) | |
| ABSTRACT: | Vancouver, BC / Globe Newswire / August 24, 2018 / Argentina Lithium & Energy Corp. (TSX-V: LIT, FSE: OAY2 [WKN: A0RK7E], OTC: PNXLF), “Argentina Lithium” or the “Company”) is pleased to provide an update on its recent lithium brine exploration programs at its three projects: Antofalla, Arizaro, and Incahuasi. The projects are located in the Lithium Triangle in Argentina, and have the potential for discovery of lithium brine resources. Antofalla Norte: The Company has received results from a recently completed CSAMT deep geophysical survey on the Antofalla Norte Lithium Project and have identified four initial drill targets with the potential for discovery of lithium-bearing brines. Several other companies are exploring properties on the Antofalla salar, including global lithium producer Albemarle. Previous operators of the Albemarle property delineated lithium in brines, which Albemarle believes will be certified as the largest lithium resource in Argentina1 . Reported grades from the salar include 350 mg/l lithium and 6,400 mg/l potash2 . [The reader is cautioned that that proximity to a discovery, past-producing mine, or mineral resource, does not indicate that mineralization will occur on the Company’s property, and if mineralization does occur, that it will occur in sufficient quantity or grade that would result in an economic extraction scenario. Results from other companies are not indicative of expected Argentina Lithium’s results, as there has been insufficient exploration on the properties by Argentina Lithium.] | |
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