NOA Reports High-Grade Maiden Resource Estimate at Rio Grande With Measured and Indicated Resource Estimate of 1.9Mt LCE @ 612 Mg/l & Inferred Resource of 0.4 Mt @ 610 Mg/l With Substantial Exploration Upside
NOA Reports High-Grade Maiden Resource Estimate at Rio Grande With Measured and Indicated Resource Estimate of 1.9Mt LCE @ 612 Mg/l & Inferred Resource of 0.4 Mt @ 610 Mg/l With Substantial Exploration Upside
BUENOS AIRES, ARGENTINA / ACCESSWIRE / February 26, 2024 / NOA Lithium Brines Inc. (TSX-V:NOAL)(FSE:N7N) ("NOA" or the "Company") is pleased to report a maiden Mineral Resource Estimate ("MRE") statement for its Rio Grande lithium ("Li") brine project ("Rio Grande") in the Salta province of Argentina.
阿根廷布宜诺斯艾利斯/ACCESSWIRE/2024年2月26日/NOA Lithium Brines Inc.(TSX-V: NOAL)(FSE: N7N)(“NOA” 或 “公司”)欣然报告其在阿根廷萨尔塔省的里奥格兰德锂(“Li”)盐水项目(“里奥格兰德”)的首次矿产资源估算(“MRE”)声明。
The MRE detailed in Table 1 below includes 1,919,000 metric tonnes ("Mt") of lithium carbonate ("Li2CO3) equivalent ("LCE") with an average Li concentration of 612 mg/l in the Measured & Indicated ("M&I") category. Moreover, the MRE includes an Inferred category which contains an additional 371,000 Mt of LCE with an average Li concentration of 610 mg/l.
下表1中详述的MRE包括测定和指示(“M&I”)类别中1,919,000公吨(“Mt”)的碳酸锂(“Li2CO3”)当量(“LCE”),平均锂浓度为612 mg/l。此外,MRE还包括一个推断类别,其中包含另外37.1万吨的LCE,平均锂浓度为610 mg/l。
Highlights of the maiden MRE at Rio Grande, include the following:
在里奥格兰德举行的首场MRE的亮点包括以下内容:
- M&I resource estimate with greater than 1.9 Mt of LCE at 612 mg/l in addition to approximately 0.37 Mt of LCE inferred at 610 mg/l.
- Approximately 80% of the MRE is located in the north and northeast of the Rio Grande properties, where the highest concentration and porosity was found.
- Extensive exploration upside potential remains with only 4,362 hectares ("ha"), which equals only 12% of NOA's ~37,000 ha land package at Rio Grande having been explored to date.
- NOA is currently performing a CSAMT geophysical campaign at Rio Grande to help define the second phase of the Company ́s Rio Grande exploration campaign, which is expected to include areas not yet explored, including the southern portion of its tenements.
- M&I 资源估计值为 612 mg/l 时,LCE 超过 190 万吨,此外推断的 LCE 在 610 mg/l 时约为 0.37 Mt。
- 大约80%的MRE位于里奥格兰德物业的北部和东北部,那里的浓度和孔隙率最高。
- 仅有4,362公顷(“公顷”),仍有巨大的勘探潜力,这相当于NOA迄今为止在里奥格兰德约37,000公顷的一揽子土地中仅勘探的12%。
- NOA目前正在里奥格兰德进行CSAMT地球物理活动,以帮助确定该公司里奥格兰德勘探活动的第二阶段,预计该阶段将包括尚未勘探的区域,包括其矿权的南部。
Table 1: Resource Estimate Statement
表 1:资源估算报表
Notes:
Mineral resources that are not mineral reserves do not have demonstrated economic viability. There is no certainty that any or all of the mineral resources can be converted into mineral reserve after application of the modifying factors.
The conversion factor used to calculate the equivalents from their metal ions is simple and based on the molar weight for the elements added to generate the equivalent. The equations are as follows: Li x 5.3228 = lithium carbonate equivalent (Li 2 CO 3 ).
Tonnages are rounded to the nearest thousand and grades are rounded to the nearest whole number, comparison of values may not add due to rounding.
注意事项:
非矿产储备的矿产资源没有显示出经济可行性。在应用修改因子后,不确定任何或全部矿产资源能否转化为矿产储量。
用于从其金属离子中计算当量的转换系数很简单,其基础是为生成等效物而添加的元素的摩尔重量。方程如下:Li x 5.3228 = 碳酸锂当量(Li 2 CO 3 )。
吨位四舍五入到最接近的千位,等级四舍五入到最接近的整数,由于四舍五入,数值比较可能不相加。
NOA's Chief Executive Officer, Gabriel Rubacha states: "We are very excited to announce a robust maiden resource estimate, which solidifies our Rio Grande project as one of the best undeveloped projects in Argentina. This maiden resource exceeds our expectations both in terms of total volume, and also in terms of the high concentration of lithium, leading us to believe NOA has a valuable project to be developed with the flexibility of not having to rely on DLE (Direct Lithium Extraction) technologies, minimizing risks and potential additional cost for its development. Considering we have only explored 12% of NOA's properties at Rio Grande to date, there is still significant exploration upside potential to expand this resource as we look forward. These results allow NOA to proceed to the next stage of our flagship project at Rio Grande. Additionally, with a plan to start drilling NOA's Arizaro and Salinas Grandes projects, we are confident we will unlock additional value for our shareholders".
NOA首席执行官加布里埃尔·鲁巴查表示:“我们非常高兴地宣布一项强劲的首次资源估算,这巩固了我们的里奥格兰德项目作为阿根廷最好的未开发项目之一的地位。这种初始资源在总量和锂的高浓度方面都超出了我们的预期,这使我们相信NOA有一个有价值的项目需要开发,可以灵活地开发无需依赖DLE(直接锂提取)技术,从而最大限度地降低其开发的风险和潜在的额外成本。考虑到我们迄今为止在里奥格兰德仅勘探了NOA12%的房产,展望未来,扩大该资源仍有巨大的勘探上行潜力。这些结果使NOA得以进入我们在里奥格兰德的旗舰项目的下一阶段。此外,随着计划开始钻探NOA的Arizaro和Salinas Grandes项目,我们相信我们将为股东释放额外价值”。
Resource Estimation Methodology
资源估算方法
The initial exploration well program was designed to characterize the subsurface lithology and determine the potential for a lithium resource within the mining concessions. Locations for the exploration wells currently drilled are shown on Figure 1 below, and location coordinates and depths for these wells are provided in Table 2 below. A total of 2,481 meters were drilled in this initial program and included in the MRE.
最初的勘探井计划旨在描述地下岩性特征并确定采矿特许权内锂资源的潜力。目前钻探的勘探井的位置如下图 1 所示,这些油井的位置坐标和深度见下表 2。该初始计划共钻探了2481米,并包含在MRE中。
Wells drilled in this initial program used the diamond drill hole method by Hidrotec Perforaciones S.R.L., based in Salta, Argentina. All boreholes are vertical, and depths drilled represent true thicknesses. During drilling, core samples were obtained for laboratory analysis and brine samples for chemical analysis. Core samples were stored in wooden boxes and labeled with the borehole name and depth. Lithological descriptions were done by geologists of NOA and reviewed by Montgomery & Associates.
在最初的项目中钻探的油井使用了总部位于阿根廷萨尔塔的Hidrotec Perforaciones S.R.L. 的金刚石钻孔方法。所有钻孔都是垂直的,钻出的深度代表真实的厚度。在钻探过程中,获得岩心样本用于实验室分析,并获得盐水样本进行化学分析。岩心样本存放在木箱中,并标有钻孔名称和深度。岩性描述由诺阿的地质学家完成,并由蒙哥马利律师事务所审查。
Table 2: Well Locations
表 2:油井位置
Figure 1: Well Locations
图 1:油井位置
The MRE was prepared in accordance with the guidelines of National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") and uses best practice methods specific to brine resources, including a reliance on sampling methods that yield depth-specific chemistry and effective (drainable) porosity measurements. The MRE was completed by independent 'qualified person' Mr. Michael Rosko, M.Sc., C.P.G. of Montgomery & Associates.
地雷风险评估是根据国家仪器43-101的指导方针编制的- 矿产项目披露标准 (“NI 43-101”),并使用特定于盐水资源的最佳实践方法,包括依赖能够产生特定深度化学成分的采样方法和有效(可排水)的孔隙度测量。MRE 由独立的 “合格人士” 迈克尔·罗斯科先生完成,他是蒙哥马利律师事务所理学硕士、注册会计师。
Resource estimates were calculated by multiplying the polygon area by the unit thickness by the drainable porosity by the lithium grade calculated for corresponding intervals. Subsequently, the resulting value was summed within each polygon, for each assigned resource category.
资源估算值的计算方法是将多边形面积乘以单位厚度乘以可排水孔隙度乘以按相应间隔计算的锂等级。随后,在每个多边形内对每个分配的资源类别的结果值求和。
Considering that nearly 100% of chemistry samples show concentration values significantly higher than 200 mg/, no cut-off grade was applied to calculate the MRE.
考虑到将近100%的化学样本显示浓度值明显高于200 mg/,因此没有使用临界等级来计算MRE。
The primary analytical laboratories for the data used in this MRE are Alex Stewart, Argentina and SGS Laboratory, Argentina. Both laboratories are accredited to ISO 9001:2008 and ISO14001:2004 for their geochemical and environmental labs for the preparation and analysis of numerous sample types, including brines.
本MRE中使用的数据的主要分析实验室是阿根廷的亚历克斯·斯图尔特和阿根廷的SGS实验室。这两个实验室都获得了ISO 9001:2008 和 ISO 14001:2004 的认证,因为它们的地球化学和环境实验室用于制备和分析包括盐水在内的多种样品类型。
Qualified Person
合格人员
The MRE was completed by Mr. Michael Rosko, M.Sc., C.P.G. of Montgomery and Associates ("M&A"). Mr. Rosko is a Registered Geologist (C.P.G.) in Arizona, California, and Texas, a Registered Member of the Society for Mining, Metallurgy and Exploration, and is a 'qualified person' ("QP") as defined by NI 43-101. Mr. Rosko and hydrogeologists from M&A have been on site multiple times during the various phases of drilling and sampling operations; Mr. Rosko has extensive experience in salar environments and has been a QP on many lithium brine projects. Mr. Rosko and M&A are completely independent of the Company. Mr. Rosko has reviewed and approved the content of this news release, and has verified the data disclosed herein, including sampling, analytical, and test data underlying the information contained herein.
MRE 由蒙哥马利律师事务所(“并购”)理学硕士、注册会计师迈克尔·罗斯科先生完成。罗斯科先生是亚利桑那州、加利福尼亚州和德克萨斯州的注册地质学家(CPG),矿业、冶金和勘探协会的注册会员,并且是NI 43-101定义的 “合格人员”(“QP”)。Rosko先生和M&A的水文地质学家在钻探和采样作业的各个阶段曾多次到现场;Rosko先生在盐碱环境方面拥有丰富的经验,曾是许多锂盐水项目的QP。罗斯科先生和并购完全独立于公司。罗斯科先生审查并批准了本新闻稿的内容,并核实了此处披露的数据,包括此处所含信息所依据的抽样、分析和测试数据。
A Technical Report prepared under the guidelines of NI 43-101 standards describing the resource estimation will be filed on SEDAR+ within 45 days of this press release.
根据NI 43-101标准的指导方针编写的描述资源估算的技术报告将在本新闻发布后的45天内在SEDAR+上提交。
About NOA Lithium Brines Inc.
关于 NOA Lithium Brines Inc.
NOA is a lithium exploration and development company formed to acquire assets with significant resource potential. All NOA's projects are located in the heart of the prolific Lithium Triangle, in the mining-friendly province of Salta, Argentina, near a multitude of projects and operations owned by some of the largest players in the lithium industry. NOA has rapidly consolidated one of the largest lithium brine claim portfolios in this region that is not owned by a producing company, with key positions on three prospective salars, being Rio Grande, Arizaro, Salinas Grandes, and totalling over 140,000 hectares.
NOA 是一家锂勘探和开发公司,旨在收购具有巨大资源潜力的资产。NOA的所有项目都位于阿根廷萨尔塔省多产的锂三角的中心地带,靠近锂行业一些最大参与者拥有的众多项目和业务。NOA迅速整合了该地区最大的不归生产公司所有的锂盐水索赔组合之一,其主要职位是里奥格兰德、阿里扎罗、萨利纳斯格兰德,总面积超过14万公顷。
On Behalf of the Board of Directors,
我代表董事会,
Gabriel Rubacha
加布里埃尔·鲁巴查
Chief Executive Officer and Director
首席执行官兼董事
For Further Information On The Company
欲了解有关该公司的更多信息
Cautionary Note Regarding Forward-Looking Statements
关于前瞻性陈述的警示说明
This news release contains forward-looking statements and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact, included in this news release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include the results of further brine process testing and exploration and other risks detailed from time to time in the filings made by the Company with securities regulators. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable law.
本新闻稿包含前瞻性陈述和其他非历史事实的陈述。前瞻性陈述通常用 “将”、“可能”、“应该”、“预期”、“期望” 等术语和类似表述来识别。除历史事实陈述外,本新闻稿中包含的所有陈述均为前瞻性陈述,涉及风险和不确定性。无法保证此类陈述会被证明是准确的,实际结果和未来事件可能与此类声明中的预期有重大差异。可能导致实际业绩与公司预期存在重大差异的重要因素包括进一步的盐水工艺测试和勘探结果以及公司向证券监管机构提交的文件中不时详述的其他风险。提醒读者,在准备任何前瞻性信息时使用的假设都可能被证明是不正确的。由于许多已知和未知的风险、不确定性和其他因素,其中许多是公司无法控制的,事件或情况可能导致实际业绩与预测存在重大差异。提醒读者不要过分依赖任何前瞻性信息。尽管管理层在编制时认为此类信息是合理的,但可能被证明是不正确的,实际结果可能与预期的结果存在重大差异。本新闻稿中包含的前瞻性陈述受本警示声明的明确限制。本新闻稿中包含的前瞻性陈述自本新闻稿发布之日起作出,公司将根据适用法律的明确要求公开更新或修改所包含的任何前瞻性陈述。
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No securities regulatory authority has reviewed nor accepts responsibility for the adequacy or accuracy of the content of this news release.
多伦多证券交易所风险交易所及其监管服务提供商(该术语在多伦多证券交易所风险交易所的政策中定义)均不对本新闻稿的充分性或准确性承担责任。没有任何证券监管机构对本新闻稿内容的充分性或准确性进行审查或承担责任。
SOURCE: NOA Lithium Brines Inc.
来源:NOA Lithium Brines Inc.