Argentina Lithium Reports Significant 327-metre Brine Discovery

Argentina Lithium's Groundbreaking Discovery

Argentina Lithium & Energy Corp is making waves in the lithium market with promising exploration results from its Rincon West Project. The Company reported a significant lithium brine interval of 327 metres at the thirteenth exploration well, RW-DDH-13. This discovery highlights the potential for high-quality lithium extraction in the region, opening doors for future projects and developments.

Results from RW-DDH-13 Exploration

Recent drilling at RW-DDH-13 has uncovered 24 brine samples collected across a striking interval, revealing lithium concentrations ranging from 269 to 340 mg/l. The results promise to enhance the Company’s capabilities to meet the growing demand for lithium, especially with the expected surge in battery production for electric vehicles.

Drilling Strategy Insights

The drilling campaign focuses on testing formations that show high lithium potential. The ongoing efforts to execute the final diamond hole and rotary drilling will enable pump testing on wells that could transition to production scale. Miles Rideout, Vice President of Exploration, shared that these findings align well with their initial geological exploration models for the Rincon West Project.

Project Overview: Rincon West

The Rincon West Project spans over 5198.8 hectares, strategically located adjacent to notable projects in the region. This area’s geological makeup, including sandy layers and crystalline halite formations, creates a favorable environment for lithium brine accumulation. The completion of the pump tests and further exploration endeavors will help establish the economic viability of lithium extraction in this area.

Drilling Methodology and Techniques

RW-DDH-13 was executed using HQ-diameter diamond drilling. This method facilitated the extraction of core samples, along with brine samples for detailed analysis. The operations were carried out by local drilling contractor AGV Falcon Drilling SRL, ensuring a robust oversight by Argentina Lithium’s geological team.

Sampling Procedures

During drilling, Argentina Lithium employs both single and double packer sampling methods to capture brine at precise depths. This technique helps in obtaining representative samples necessary for chemical analysis, which is crucial in understanding the lithium content in the extracted brine.

Future Outlook for Argentina Lithium

Argentina Lithium is poised for exciting prospects as it continues to explore, develop, and advance its four key projects, totaling over 70,000 hectares in the Lithium Triangle. With a strong management team experienced in the lithium sector and strategic investments bolstering its position, the Company looks forward to solidifying its place in the rapidly growing lithium market.

Frequently Asked Questions

1. What is the significance of the 327-metre interval at RW-DDH-13?

The 327-metre interval represents a significant lithium brine discovery, indicating the potential for high lithium concentrations in the area, crucial for future extraction efforts.

2. How does Argentina Lithium plan to develop the Rincon West Project?

Argentina Lithium aims to expand on the findings from RW-DDH-13 with further drilling and pump tests to establish the project’s viability and potentially transition to production scale.

3. What methods are used for brine sampling during drilling?

The Company uses single and double packer sampling methods, allowing for precise depth sampling of brine to ensure accurate chemical analysis.

4. What are the next steps for Argentina Lithium?

The Company plans to continue exploring further drilling targets, complete ongoing pump testing, and analyze results to refine its exploration strategy.

5. How does this discovery position Argentina Lithium in the market?

This discovery enhances the Company's reputation and potential as a leading player in the lithium sector, especially given the increasing global demand for lithium in battery production.

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