Fig 1. Dec, 2022 Drilling at Pocitos 1 | Fig 2. 2018 Drilling at Pocitos 1 | Fig 3. 2018 Drilling at Pocitos 1 |
The measured lithium content sampled in this recent 2022 drilling exceeded that of the measured lithium content of the 2018 discovery wells. This is another planned milestone in the Company’s endeavour to build up to a 20,000 tonne lithium extraction plant at Pocitos 1 Project in order to supply
Lithium is selling in the spot market at
Analysis completed by SGS del
Collar Location: | GK-POSGAR94-WGS84-Zone2 | |||
UTM E: | 700608.00 | |||
UTM N: | 7291471.00 | |||
Altitude: | 3,665M |
The brines were tested with a blank (distilled water), two duplicates and one standard at 268ppm Li. Another set of samples has been sent to
Fig 4. DDH1 brine flow with gas being released | Fig 5. Brine flowing from hole after it intersected aquifer |
As previously announced, the basis for the NI 43-101 report is well underway after
Five litres of brine were collected to be sent to
CEO and Director,
About Pocitos 1
Lithium values of up to 125 ppm from Laboratory analysis conducted by
Qualified Person
Phillip Thomas, BSc Geol, MBusM, FAusIMM, MAIG, MAIMVA, (CMV), a Qualified Person as defined under NI43-101 regulations, has reviewed the technical information that forms the basis for portions of this news release, and has approved the disclosure herein.
Market Awareness
About
All Stakeholders are encouraged to follow the company on its social media profiles on LinkedIn,
On Behalf of the Board of Directors,
“David Greenway”
For further information, please contact:
Mr.
Phone: 778-588-5473
E-Mail: info@recharge-resources.com
Website: recharge-resources.com
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
Disclaimer for Forward-Looking Information
Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding Recharge’s intention to continue to identify potential transactions and make certain corporate changes and applications. Forward looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits Recharge will obtain from them. These forward-looking statements reflect managements’ current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause actual results to differ materially from those expressed or implied by the forward-looking statements, including Recharge’s results of exploration or review of properties that Recharge does acquire. These forward-looking statements are made as of the date of this news release and Recharge assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements, except in accordance with applicable securities laws.
Photos accompanying this announcement are available at https://www.globenewswire.com/NewsRoom/AttachmentNg/905ddd3e-7050-4fb1-b8e5-18a9ae53f7a6
https://www.globenewswire.com/NewsRoom/AttachmentNg/68404928-e6d1-4b5f-9c35-9809bf190bd5
https://www.globenewswire.com/NewsRoom/AttachmentNg/21ce075e-1204-4c7b-a104-14a05052d324
https://www.globenewswire.com/NewsRoom/AttachmentNg/910b8da2-738a-4ee9-954e-7f86b7cafb6e
https://www.globenewswire.com/NewsRoom/AttachmentNg/1ae0cbd9-0d55-4149-9331-3cece4d3bd86
https://www.globenewswire.com/NewsRoom/AttachmentNg/53e8f584-5c73-4a2f-8aa9-be43554350ae
![](https://ml.globenewswire.com/media/NWI2MWFlYTktNmJhYy00OWVmLWFiZWItM2NlNTllY2ViOTMzLTUwMDA4MjYxMA==/tiny/Recharge-Resources-Ltd-.png)
Fig 1.
![](https://ml.globenewswire.com/media/905ddd3e-7050-4fb1-b8e5-18a9ae53f7a6/medium/fig-1.jpg)
Dec, 2022 Drilling at Pocitos 1
Fig 2.
![](https://ml.globenewswire.com/media/68404928-e6d1-4b5f-9c35-9809bf190bd5/medium/fig-2.jpg)
2018 Drilling at Pocitos 1
Fig 3.
![](https://ml.globenewswire.com/media/21ce075e-1204-4c7b-a104-14a05052d324/medium/fig-3.jpg)
2018 Drilling at Pocitos 1
Chart 1
![](https://ml.globenewswire.com/media/910b8da2-738a-4ee9-954e-7f86b7cafb6e/medium/chart-1.jpg)
Chart 1
Fig 4.
![](https://ml.globenewswire.com/media/1ae0cbd9-0d55-4149-9331-3cece4d3bd86/medium/fig-4.jpg)
DDH1 brine flow with gas being released
Fig 5.
![](https://ml.globenewswire.com/media/53e8f584-5c73-4a2f-8aa9-be43554350ae/medium/fig-5.jpg)
Brine flowing from hole after it intersected aquifer
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