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NRG Metals Inc.

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Summary

Project:

Hombre Muerto North

Deposit:Hombre Muerto North
Location:Argentina
Commodities:Lithium
Date:7/11/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:11-7-2018: NRG Metals Inc. announces an Exploration/Drilling Update report for its Hombre Muerto North deposit at the Hombre Muerto North project. Drilling results incl. 2m @ 625mg/L Li from 19m. July 10, 2018 / Vancouver, BC / NRG Metals Inc. (“NRG” or t
Resources:x
CP/QP:[Overall Report]: Michael Rosko (Montgomery & Associates)
ABSTRACT:July 10, 2018 / Vancouver, BC / NRG Metals Inc. (“NRG” or the “Company”) (TSX-V: NGZ) (OTCQB: NRGMF) (Frankfurt: OGPN) is pleased to report the initial assays for samples from the second diamond drill hole at the Hombre Muerto Lithium project. The samples were taken from near surface to a depth of 61.5 m below surface. The samples average 719 mg/L lithium with a very low Mg to Li ratio ranging from 2.1 to 3.3. These values are similar to the results obtained in the first diamond drill hole located 2.1 kilometers to the east. Drilling in this hole has advanced to a depth of 226.5 m with a planned depth of 400 m. Host rocks are mainly poorly-consolidated sandstone from surface to 77 m, followed by a layer of compact halite from 77 to 139 m, poorly-consolidated sandstone from 139 to 166 m, and then intercalated halite and sandstone to the current bottom of the hole at 226.5 m. Adrian Hobkirk, CEO of NRG Metals Inc., commented,“We are encouraged to find high lithium grades in the first part of the second hole, and these results demonstrate the presence of lithium bearing brine across our Tramo property. We will have a more complete picture once this hole is completed and when we have the results of the pumping test from the large diameter hole completed adjacent to the first core hole.”

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