NRG Metals Inc. provided update on drilling and development at the company's recent lithium discovery at the Salar Escondido Lithium Project, Argentina. The first hole at Salar Escondido has confirmed the presence of significant lithium mineralization and provided important information to guide the next phase of drilling and process development. Most importantly, the results have confirmed the target concept that Salar Escondido has the potential to host a significant lithium deposit. Given the history of lithium exploration at other salars in Argentina. In addition to discovering lithium in the first hole, another positive characteristic of the basin noted during drilling is the potential for high permeability. The material that hosts the brine zone is comprised of mainly loosely consolidated sand and conglomerates, which should be highly permeable and allow high pumping and recharge rates. High permeability is an important factor in evaluating the potential of lithium brine bearing salars. The first drill hole ended in sediments so the thickness of the basin remains open at depth along with the potential of these sediments to host lithium bearing brine. The project size at 29,000 hectares, which is believed to cover a large portion of the basin, allows for significant further exploration.