Argentina Lithium & Energy Corp. (TSXV: LIT | FSE: OAY3 | OTCQX: LILIF) has reported positive results from a 12th exploration hole at its Rincon West Project in Salta Province, Argentina. Brine samples collected over a 165m interval of RW-DDH-012 ranged from 322 to 371mg/l lithium.
“Our ongoing drilling continues to evaluate the Rinconcita II concession that extends from our original claims, eastwards over the salt flat towards the neighbouring Rio Tinto concessions. Our 12th hole demonstrates a long interval of impressive lithium values in porous host lithologies. Thus far, our drilling at Rincon West demonstrates a continuous aquifer of concentrated lithium brines over an extensive basin.” stated Miles Rideout, VP of exploration.
An extensive selection of core samples has been sent to an independent laboratory for brine recovery testing; results are pending.
The Rincon West Project covers 5198.8ha of the salar basin, consisting of three property blocks adjacent to Rio Tinto’s Rincon Project. Drill hole RW-DDH-012 represents the third exploration hole of the six-hole programme planned for the Rinconcita II property. The company is currently completing the access to the next drill platform (RW-DDH-013), representing a further 1000m step towards the northeast corner of the property block.
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