Argentina Lithium & Energy Corp. (TSX-V: LIT, FSE: OAY3, OTC: PNXLF) - RICH TV LIVE Podcast

2 years ago
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About Argentina Lithium
Argentina Lithium & Energy Corp is focused on acquiring high quality lithium projects in Argentina and advancing them toward production in order to meet the growing global demand from the battery sector. The management group has a long history of success in the resource sector of Argentina and has assembled a first-rate team of experts to acquire and advance the best lithium properties in the "Lithium Triangle". The Company is a member of the Grosso Group, a resource management group that has pioneered exploration in Argentina since 1993.

Argentina Lithium & Energy Corp. (TSX-V: LIT, FSE: OAY3, OTC: PNXLF) - RICH TV LIVE Podcast - #argentinalithium #news #richtvlive #stocks #education #lithium #electicvehicles #ev #richtv #podcast #business #finance #mining #lit #pnxlf #win

Argentina Lithium & Energy Corp. (TSX-V: LIT, FSE: OAY3, OTC: PNXLF), (“Argentina Lithium” or the “Company”) reports positive lithium brine values from the third and fourth diamond drill holes at its Rincon West Project in Salta Province, Argentina. The Rincon West project covers 3742.8 hectares of the salar basin, located west and north of the adjacent Rincon Project owned by Rio Tinto. The property is currently permitted for up to 9 exploration drill holes. The fifth exploration hole is currently in final steps to completion. The brine analytical results from the third and fourth holes have been received and are reported below.

“The fourth exploration hole has produced our best results to date. Lithium brines start at 38 metres depth, but the exciting result is the interval from 95 m to 227 m, with lithium values ranging from 334 to 382 mg/litre over a continuous 132 m interval. The third hole, located in the southern portion of the property produced lower grade brines at the bottom of the hole. Though the lithium potential appears to decrease in the southern portion of the basin, it is notable that we still produce lithium brines while stepping out 1.8 km south from our previous drilling. We have more drilling to do, to fully delineate our brine aquifer, particularly in the west and north.” stated Miles Rideout, V.P. of Exploration.

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