on NOA Lithium Brines Inc. (isin : CA6393571022)
NOA Lithium Brines Inc. Announces Initial Mineral Resource Estimate for Rio Grande Project
NOA Lithium Brines Inc., operating in Salta Province, Argentina, has released its first Mineral Resource Estimate (MRE) report for its Rio Grande lithium brine project. This report reveals 1,919,000 metric tons of lithium carbonate equivalent with an average lithium concentration of 612 mg/l in the Measured and Indicated category, and an additional 371,000 metric tons in the Inferred category with an average concentration of 610 mg/l .
The majority of the estimate is in the north and northeast sectors of the Rio Grande project, indicating not only a high total volume but also a significant concentration of lithium. This, coupled with the fact that only 12% of NOA's terrain has been explored to date, highlights significant potential for expansion. NOA is continuing its exploration campaigns to increase this estimate while moving toward the next phase of Rio Grande's development.
R. E.
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