Gabriel Rubacha, CEO and Director of NOA Lithium Brines (TSX.V: NOAL) (OTC: NLIBF), joins us to review the first 3 high-grade lithium drill hole results, out of the 5-6 drill holes planned in the 3,000 meter Phase 1 exploration program this year at the flagship Rio Grande Project in Argentina.  

We discuss the high concentrations and wide zones of these high concentration of economic lithium mineralization where the most recent 3^rd hole intersected 508.5 meters grading 526 milligrams per liter “mg/l) Li.  The brine aquifer began at a shallow depth of only 15 m below surface, and encountered the thickest, high-grade intercept to date at Rio Grande, with a Li concentration of 785 mg/l at 250 m. Additionally, this 3^rd hole drilled to a depth of 676 m, resulting in the deepest reported occurrence of permeable brines at Rio Grande. 

Next we discussed the drilling for the 4^th hole under the alluvial cover is already underway, with a 2^nd drill rig planned to move over and start the 5^th drill hole in the near future.  The plan is for these 5 holes and possibly a 6^th hole to finished drilling by year end, and to incorporate these results into a Maiden Resource Estimate in the first quarter of 2024.  We wrapped up pointing out that after this resource comes out on the Rio Grande Project, that the Company will quickly pivot over to the exploration plan for 3D seismic surveys and 4-5 drill holes planned at the Arizaro Project, very near Lithium Chile’s project. 

If you have more questions for Gabriel regarding NOA Lithium Brines, then please email me at  Shad@kereport.com.

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