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NOA Announces Exploration Progress at Rio Grande With Completion of Fifth Hole Which Intercepted 530m of Lithium Brine-Saturated Units

NOA Announces Exploration Progress at Rio Grande With Completion of Fifth Hole Which Intercepted 530m of Lithium Brine-Saturated Units

NOA 宣佈里奧格蘭德的勘探進展,完成第五個洞,截獲了 530 米的鋰鹽水飽和單元
Accesswire ·  02/12 08:00

BUENOS AIRES, ARGENTINA / ACCESSWIRE / February 12, 2024 / NOA Lithium Brines Inc. (TSXV:NOAL)(FSE:N7N) ("NOA" or the "Company") is pleased to provide an update on the significant progress of its Phase 1 diamond drill program at its Rio Grande project ("Rio Grande" or the "Project"). The fifth hole, located at the Juana Azul claim within the salar was recently completed to a depth of 602 meters ("m"), and continues to confirm the Project's high lithium potential.

阿根廷布宜諾斯艾利斯/ACCESSWIRE/2024年2月12日/NOA Lithium Brines Inc.(TSXV: NOAL)(FSE: N7N)(“NOA” 或 “公司”)很高興介紹其里奧格蘭德項目(“里奧格蘭德” 或 “項目”)第一階段金剛石鑽探計劃重大進展的最新情況。第五個洞位於鹽沼內的胡安娜·阿祖爾海域,最近完工,深度爲602米(“m”),並繼續證實該項目的高鋰潛力。

Preliminary highlights of the fifth hole, RG23-005, include:

第五洞 RG23-005 的初步亮點包括:

  • Near-Surface: Lithium brine-saturated geological units were encountered starting at only 1 meter below surface, indicating the Project's vast potential.
  • Extensive Brine-Bearing Units: Approximately 530 meters of lithium brine-bearing units were identified through 53 packer tests, affirming substantial lithium content within the salar.
  • Preliminary Lithium Content Confirmation: Initial results confirm lithium content in brine throughout most of the well's depth, with comprehensive lab geochemical analyses currently underway.
  • 近地表:在地表以下僅1米處遇到了飽和鋰鹽水的地質單元,這表明該項目潛力巨大。
  • 大量含鹽水單元:通過53次封裝器測試確定了大約530米的含鹽鋰單元,證實了鹽水中的鋰含量很高。
  • 初步的鋰含量確認:初步結果證實了井中大部分深度的鹽水中鋰含量,目前正在進行全面的實驗室地球化學分析。

NOA's Chief Executive Officer, Gabriel Rubacha states: "In less than a year, NOA's team has made great strides in advancing our Rio Grande project. The latest preliminary results continue to underscore the extensive potential of our flagship Rio Grande project. This hole completes our initial drilling campaign on-time and in-line with our planned aggressive drill program. The Company is on schedule to release its maiden resource later this quarter, which represents a significant catalyst towards unlocking value for our shareholders".

NOA首席執行官加布裏埃爾·魯巴查表示:“在不到一年的時間裏,NOA的團隊在推進我們的里奧格蘭德項目方面取得了長足的進步。最新的初步結果繼續凸顯我們旗艦里奧格蘭德項目的巨大潛力。這個鑽孔按時完成了我們最初的鑽探活動,符合我們計劃的積極鑽探計劃。該公司計劃在本季度晚些時候發佈其首批資源,這是爲股東釋放價值的重要催化劑”。

Hole RG23-005 was executed with diamond drilling (HQ-size), permitting the extraction of core samples of the salar basin formations and collection of brine samples, where available. Drilling was carried out by Salta-based Hidrotec S.A., under the supervision of NOA's geologists.

RG23-005 孔是使用金剛石鑽探(HQ-Size)進行的,允許提取鹽水盆地層的岩心樣本並收集鹽水樣品(如果有)。鑽探由總部位於薩爾塔的Hidrotec S.A. 在NOA地質學家的監督下進行。

Diamond drill hole RG23-005 was completed at a depth of 602 meters. At a depth of 1 meter, the formations saturated with brine began. The lithology of the well is composed mainly by sand with sulfate intercalations and a lower proportion of crystalline halite, with contents that are variable along the depth of the well. Packer test sampling was carried out and almost the entire depth of the +600 m well returned brine-saturated units (approximately 530 m of the 602 m drilled), except for one horizon ranging 40 m in thickness.

RG23-005 金剛石鑽孔在 602 米的深度下完成。在 1 米的深度處,開始形成充滿鹽水的地層。該井的巖性主要由帶有硫酸鹽插層的沙子和較低比例的結晶鹽巖組成,其含量隨井深度的變化而變化。進行了Packer測試採樣,除了一個厚度爲40 m的地平線外,+600 m油井的幾乎整個深度都返回了鹽水飽和單元(在鑽探的602米中約爲530米)。

Brine packer samples have been sent for laboratory analyses, including multi-element geochemical analysis for lithium and other relevant elements, and results are expected in the coming weeks. Selected drill core samples were sent to an accredited laboratory for physical property tests, including drainable porosity.

鹽水包裝機樣本已送去實驗室分析,包括對鋰和其他相關元素進行多元素地球化學分析,結果預計將在未來幾周內公佈。選定的鑽芯樣品被送到經認證的實驗室進行物理特性測試,包括可排水孔隙度。

Next Steps:

後續步驟:

  • Laboratory Analysis: Brine packer samples have been sent for multi-element geochemical analysis, focusing on lithium and other pertinent elements, with results expected in the coming weeks.
  • Physical Property Tests: Selected drill core samples are undergoing accredited laboratory tests, including drainable porosity assessments.
  • Maiden Mineral Resource Estimate: With the completion of our five-hole Phase 1 drill program, the Company is now working on its maiden Mineral Resource Estimate for the Rio Grande project scheduled for Q1/2024.
  • 實驗室分析:鹽水包裝機樣品已送去進行多元素地球化學分析,重點是鋰和其他相關元素,預計將在未來幾周內得出結果。
  • 物理特性測試:選定的鑽芯樣品正在接受認可的實驗室測試,包括可排水孔隙度評估。
  • 首次礦產資源估算:隨着我們的五孔第一階段鑽探計劃的完成,該公司目前正在進行計劃於2024年第一季度進行的里奧格蘭德項目的首次礦產資源估算。

The location of RG23-005 is shown in Figure 1 and its drill collar information is provided in Table 1 below.

RG23-005 的位置如圖 1 所示,其鑽環信息如下表 1 所示。

Figure 1: Plan Map Showing Well RG23-005 and Previous Completed Wells

圖 1:平面圖顯示 RG23-005 油井和先前完工的油井

Table 1: RG23-005 - Drill collar information

表 1:RG23-005-鑽環信息

Hole #:

RG23-004

Azimuth:

0 deg.

Claim name:

Juana Azul

Inclination:

-90 deg.

Coordinates (UTM 19J South):

E: 588494 m

N: 7233176 m,

Z: 3669 m

Contractor:

Hidrotec S.A.

Machine type:

HT07 LF-90

Drill type:

Diamond

Hole diameter:

HQ

洞 #:

RG23-004

方位角:

0 度

索賠名稱:

胡安娜·阿祖爾

傾角:

-90 度

座標(UTM 19J 南部):

E: 588494 m

N: 7233176 m,

Z:3669 m

承包商:

Hidrotec S.A.

機器類型:

HT07 LF-90

鑽頭類型:

鑽石

孔直徑:

總部

Figure 2: Photo of Hole RG23-005

圖 2:RG23-005 孔的照片

About 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.

關於 NOA Lithium Brines Inc.
NOA 是一家鋰勘探和開發公司,旨在收購具有巨大資源潛力的資產。NOA的所有項目都位於阿根廷薩爾塔省多產的鋰三角的中心地帶,靠近鋰行業一些最大參與者擁有的衆多項目和業務。NOA迅速整合了該地區最大的不歸生產公司所有的鋰鹽水索賠組合之一,其主要職位是里奧格蘭德、阿里扎羅、薩利納斯格蘭德,總面積超過14萬公頃。

On Behalf of the Board of Directors,

我代表董事會,

Gabriel Rubacha

加布裏埃爾·魯巴查

Chief Executive Officer and Director

首席執行官兼董事

For Further Information On The Company

欲了解有關該公司的更多信息

Sample Analysis & QA/QC Program
The Company has a robust QA/QC and sample management program. Brine samples were collected by a single / double packer system (in-hole inflatable) to isolate specific intervals down the drillhole. The packer sampling method allows the collection of brine samples at specific depths while sealing the hole at the top and bottom of the interval. The packer system was run several times to flush the hole after drilling to clear / clean the hole prior to sampling and four samples for each interval were collected (main sample, duplicate sample, check sample, reserve sample). The drillhole of the current release was inclined vertically (90 degrees) and the salar strata are believed to be flat-lying resulting in reported intervals approximating true thickness.

樣品分析和質量保證/質量控制計劃
該公司擁有強大的質量保證/質量控制和樣品管理計劃。鹽水樣本由單/雙封隔器系統(井內充氣)採集,以隔離鑽孔下方的特定間隔。封隔器採樣方法允許在特定深度收集鹽水樣本,同時密封間隔頂部和底部的孔。打孔後,封隔器系統運行了幾次以沖洗孔,以便在採樣之前清除/清理孔,並且每個間隔採集了四個樣本(主樣本、重複樣本、檢查樣本、儲備樣本)。當前釋放的鑽孔垂直傾斜(90 度),鹽層被認爲是平坦的,因此報告的間隔接近真實厚度。

Samples of brine were submitted by courier for analysis to Alex Stewart NOA, subsidiary of Alex Stewart International Argentina, member of the Alex Stewart International group, an accredited laboratory for the analysis of lithium and other elements. Alex Stewart employed Inductively Coupled Plasma Optical Emission Spectrometry as the analytical technique for the primary constituents of interest, including: boron, calcium, potassium, lithium, and magnesium. Measurements in the field included pH, conductivity, temperature and density. The quality of sample analytical results was controlled and assessed with a protocol of blank, duplicate and standard samples included within the sample sequence. Differences between original and duplicate samples and results for standards and blanks are considered within the acceptable range for lithium.

鹽水樣本由快遞員提交給亞歷克斯·斯圖爾特國際阿根廷分公司的子公司Alex Stewart NOA進行分析,該集團是Alex Stewart International集團的成員,該集團是鋰和其他元素分析的認可實驗室。亞歷克斯·斯圖爾特使用電感耦合等離子體光發射光譜法作爲相關主要成分的分析技術,包括:硼、鈣、鉀、鋰和鎂。現場測量包括 pH 值、電導率、溫度和密度。樣本分析結果的質量通過樣本序列中包含空白、重複和標準樣本的協議進行控制和評估。原始樣本和重複樣品以及標準和空白結果之間的差異被視爲在鋰的可接受範圍內。

Qualified Person
David O'Connor P.Geo., is the Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects , and he has reviewed and approved the scientific and technical information in this news release.

合格人員
David O'Connor P.Geo. 是 National Instrument 43-101 定義的合格人士- 礦產項目披露標準 ,他已經審查並批准了本新聞稿中的科學和技術信息。

Cautionary Note Regarding Forward-Looking Statements

關於前瞻性陳述的警示說明

This news release may include forward-looking statements that are subject to inherent risks and uncertainties. All statements within this news release, other than statements of historical fact, are to be considered forward looking statements. Forward-looking statements including, but not limited to NOA's future plans and objectives regarding its projects, which constitute forward looking information that involve various risks and uncertainties. Although NOA believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those described in forward-looking statements. Factors that could cause actual results to differ materially from those described in forward-looking statements include fluctuations in market prices, including metal prices, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. NOA does not assume any obligation to update any forward-looking statements except as required under applicable laws.

本新聞稿可能包括受固有風險和不確定性影響的前瞻性陳述。除歷史事實陳述外,本新聞稿中的所有聲明均應視爲前瞻性陳述。前瞻性陳述包括但不限於NOA關於其項目的未來計劃和目標,這些陳述構成了涉及各種風險和不確定性的前瞻性信息。儘管NOA認爲此類前瞻性陳述中表達的預期是基於合理的假設,但此類陳述並不能保證未來的業績,實際業績或發展可能與前瞻性陳述中描述的業績或發展存在重大差異。可能導致實際業績與前瞻性陳述中描述的結果存在重大差異的因素包括市場價格的波動,資本和融資的持續可用性以及總體經濟、市場或商業狀況。無法保證此類陳述會被證明是準確的,因此,建議讀者依靠自己對此類不確定性的評估。除非適用法律要求,否則NOA不承擔任何更新任何前瞻性陳述的義務。

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.

多倫多證券交易所風險投資交易所及其監管服務提供商(該術語在多倫多證券交易所風險投資交易所的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。

SOURCE: NOA Lithium Brines Inc.

來源:NOA Lithium Brines Inc.


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