Argentina Lithium & Energy Corp. (TSXV: LIT | FSE: OAY3 | OTCQX: LILIF) has reported positive results from the 10th and 11th exploration holes at its Rincon West Project in Salta Province, Argentina. Samples collected over a 295.5m section of RW-DDH-010 ranged from 245 to 366mg/l lithium. Samples collected over a 321m section of RW-DDH-011 ranged from 246 to 344mg/l lithium.
“Our 10th exploration hole was situated to test the continuity of the brine aquifer as our drilling extends eastward into the main salar basin. These results demonstrate continued strong grades and an exceptional interval length. For our 11th hole, we moved 2.7km to the southeast, to test the salt flat in the southern and eastern portion of our main block at the Rincon West project. This produced another long interval of concentrated brines and recovered cores containing fractured crystalline halite and coarse, poorly cemented sediments, which may be excellent formations for pumping potential. We were not able to reach the bottom of the basin formation in the 11th hole. We plan to extend our ongoing drilling to greater depths, with the objective of drilling into basement rock and defining the bottom of the aquifer.” stated Miles Rideout, VP of exploration.
The Rincon West Project covers 5198.8ha of the salar basin, consisting of three property blocks adjacent to Rio Tinto’s Rincon Project. Drill holes RW-DDH-010 and RW-DDH-011 represent the first two holes of the six-hole programme planned for the Rinconcita II property. The Rinconcita II property represents a continuous extension of the sandy western basin at Rincon West, eastwards over the Rincon salt flat.
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