Pocitos

Argentina Lithium Completes Early Exercise of Property Options at Rincon West and Antofalla North Projects

Retrieved on: 
Thursday, November 30, 2023

The exercised Pipo/Alcalina option encompasses 5380.5 hectares of properties at the Company's Antofalla North Project, for which the Company recently announced accelerated exploration plans for 2024 .

Key Points: 
  • The exercised Pipo/Alcalina option encompasses 5380.5 hectares of properties at the Company's Antofalla North Project, for which the Company recently announced accelerated exploration plans for 2024 .
  • Nikolaos Cacos, CEO of Argentina Lithium stated: "Exercising the options at Rincon West and Antofalla North is a key step to advance planning and development of our two core projects.
  • Drilling on the optioned property at Rincon West has verified the grade potential of the concentrated lithium aquifer.
  • The early exercise of both options was completed through the Company's Argentine subsidiary Argentina Litio y Energia S.A. ("ALE").

Argentina Lithium Announces Accelerated Exploration Plan

Retrieved on: 
Monday, November 20, 2023

VANCOUVER, BC, Nov. 20, 2023 /PRNewswire/ - Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTC: PNXLF) ("Argentina Lithium" or the "Company") is pleased to announce its accelerated exploration plans for 2024, following the major financing agreement with Peugeot Citroen Argentina S.A., a subsidiary of Stellantis N.V., ("Stellantis") as reported on September 27th, 2023 .

Key Points: 
  • VANCOUVER, BC, Nov. 20, 2023 /PRNewswire/ - Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTC: PNXLF) ("Argentina Lithium" or the "Company") is pleased to announce its accelerated exploration plans for 2024, following the major financing agreement with Peugeot Citroen Argentina S.A., a subsidiary of Stellantis N.V., ("Stellantis") as reported on September 27th, 2023 .
  • Argentina Lithium plans to complete 110 line-km of TEM geophysics at Antofalla North Project covering approximately 16,620 hectares.
  • Argentina Lithium is currently awaiting the issuance of environmental permits at Antofalla which will allow work to commence.
  • Frits Reidel, CPG is a Qualified Person as defined in National Instrument 43-101, and the Principal of Atacama Water, and is independent of Argentina Lithium.

A.I.S. Resources Congratulates Recharge Resources on Signing Pocitos 2 Option Agreement in Salta, Argentina

Retrieved on: 
Friday, March 3, 2023

Resources Limited ( TSX.V: AIS, OTCQB: AISSF ) (the “Company” or “AIS”) congratulates Recharge Resources (“Recharge”, CSE: RR) on signing an option agreement with Spey Resources Corp. (“Spey”) whereby Recharge may acquire up to a 100% undivided interest in the Pocitos 2 Project.

Key Points: 
  • Resources Limited ( TSX.V: AIS, OTCQB: AISSF ) (the “Company” or “AIS”) congratulates Recharge Resources (“Recharge”, CSE: RR) on signing an option agreement with Spey Resources Corp. (“Spey”) whereby Recharge may acquire up to a 100% undivided interest in the Pocitos 2 Project.
  • AIS retains a 7.5% royalty of the FOB price of lithium carbonate or other lithium compounds sold on Pocitos 1 & 2 pursuant to AIS' underlying Option Agreement with Spey Resources.
  • Martyn Element CEO, stated, “I congratulate Recharge on successfully acquiring the Pocitos 2 Option and increasing the size of its potential resource.
  • AIS looks forward to continuing to facilitate exploration work with Recharge as it proceeds with its 2023 Pocitos drilling program.

SPEY RESOURCES CORP. ANNOUNCES OPTION AGREEMENT WITH RECHARGE RESOURCES CORP. FOR POCITOS 2 PROJECT

Retrieved on: 
Monday, February 27, 2023

Vancouver, British Columbia, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Spey Resources Corp. (CSE: SPEY) (OTC: SPEYF) (FRA: 2JS) ("Spey” or the "Company") is pleased to announce that it has entered into an option agreement (“Agreement”) with Recharge Resources Corp. (“Recharge Resources”) pursuant to which Recharge Resources may acquire a 100% interest in the Company’s Pocitos 2 Project, a 532 hectare lithium brine project located just outside of Salta, Argentina (the “Option”).

Key Points: 
  • Vancouver, British Columbia, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Spey Resources Corp. (CSE: SPEY) (OTC: SPEYF) (FRA: 2JS) ("Spey” or the "Company") is pleased to announce that it has entered into an option agreement (“Agreement”) with Recharge Resources Corp. (“Recharge Resources”) pursuant to which Recharge Resources may acquire a 100% interest in the Company’s Pocitos 2 Project, a 532 hectare lithium brine project located just outside of Salta, Argentina (the “Option”).
  • Under the terms of the Agreement, Recharge Resources may exercise the Option by: (1) paying the Company US$744,800 on or before June 30, 2023 and (2) issuing to the Company $500,000 worth of common shares in the capital of Recharge Resources within seven (7) business days following February 21, 2023 (the “Effective Date”).
  • In addition, Recharge Resources, in the event the Option is exercised, is obligated to pay to the Company an additional $500,000, in cash or common shares in the capital of Recharge Resources, within ‎‎eighteen (18) months following the Effective Date.
  • All the common shares issued under the Agreement will be subject to a four month hold period under applicable Canadian securities laws.

RECHARGE RESOURCES’ POCITOS 1 LITHIUM BRINE PROJECT FLOWS FOR 2 WEEKS AVERAGING 161 PPM LITHIUM

Retrieved on: 
Tuesday, January 31, 2023

These additional assays over a two-week period from the 2022 well again exceeded that of the measured lithium content of the 2018 discovery wells.

Key Points: 
  • These additional assays over a two-week period from the 2022 well again exceeded that of the measured lithium content of the 2018 discovery wells.
  • Lithium is selling in the spot market at 477,500 Yuan per tonne or the equivalent of US$70,752 per tonne according to TradingEconomics.com.
  • The future of the Pocitos 1 Project continues to improve and we couldn’t be more excited by these results.
  • This is a great result as we have achieved a consistent lithium concentration 40 ppm higher than was previously recorded but with substantial brine flow.

PARADIGM DRILLERS ARRIVE AT BRUSSELS CREEK FOR DRILL PROGRAM WITH DATA ANALYSIS ONGOING AT POCITOS 1 LITHIUM AND GEORGIA LAKE LITHIUM PROJECTS

Retrieved on: 
Friday, January 27, 2023

CEO, David Greenway, summarized, "While data compilation is underway at Georgia Lake Lithium and the Company awaits additional data from Pocitos 1, we are pushing forward on all fronts with drills now on site at the Brussels Creek Copper-Palladium-Gold Project.

Key Points: 
  • CEO, David Greenway, summarized, "While data compilation is underway at Georgia Lake Lithium and the Company awaits additional data from Pocitos 1, we are pushing forward on all fronts with drills now on site at the Brussels Creek Copper-Palladium-Gold Project.
  • We thank Mr. Shearer and all those involved in the consultation and drill planning process.
  • Recent field observations noted the presence of a substantial mineralized quartz-feldspar porphyry body intruding the overlying Nicola group volcanics.
  • Neither TD Media nor any of its principals currently own any interest, directly or indirectly, in the Company.

PARADIGM DRILLERS MOBILIZING TO SITE FOR BRUSSELS CREEK DRILLING AS RECHARGE AWAITS RESULTS AT POCITOS 1 LITHIUM AND GEORGIA LAKE LITHIUM PROJECTS

Retrieved on: 
Thursday, December 15, 2022

Paradigm drilling will deliver the skid mount, Boyles 25 model drill rig to the staging area near the Brussels Creek property with drilling about to commence to complete 900 meters of NQ size core drilling in 3 holes.

Key Points: 
  • Paradigm drilling will deliver the skid mount, Boyles 25 model drill rig to the staging area near the Brussels Creek property with drilling about to commence to complete 900 meters of NQ size core drilling in 3 holes.
  • The New Afton Mine occupies the site of the historic Afton Open Pit mine, which operated from 1977 to 1997.
  • CEO, David Greenway, summarised, "While data compilation is underway at Georgia Lake Lithium and the company awaits results from Pocitos 1, we are pushing forward on all fronts with drilling about to commence at Brussels Creek.
  • All stakeholders are encouraged to follow the company on its social media profiles on LinkedIn , Twitter, Facebook and Instagram.

PARADIGM DRILLING ENGAGED FOR BRUSSELS CREEK PROJECT AS RECHARGE AWAITS RESULTS AT POCITOS 1 LITHIUM AND GEORGIA LAKE LITHIUM PROJECTS

Retrieved on: 
Thursday, November 24, 2022

Of these 900 meters, hole collar angles will be between -50 and -90 degrees, and borehole depths will not exceed 350 meters.

Key Points: 
  • Of these 900 meters, hole collar angles will be between -50 and -90 degrees, and borehole depths will not exceed 350 meters.
  • Data compilation from its Georgia Lake Lithium Airborne Magnetic Survey, is anticipated in the next three to four weeks with the drill program at Pocitos 1 Lithium ongoing.
  • CEO, David Greenway, summarized, "While data compilation is underway at Georgia Lake Lithium, drilling continues at Pocitos 1 Lithium, we are pushing forward on all fronts with drilling about to commence at Brussels Creek.
  • This is a pivotal time for the Brussels Creek Project in BC, and we look forward to the upcoming drill program starting early next month.

RECHARGE’S AIRBORNE MAG SURVEY AT GEORGIA LAKE LITHIUM PROJECT TO DEMONSTRATE ‘STRUCTURAL CONTINUITY’ FROM NEIGHBOUR ROCK TECH IS NOW UNDERWAY

Retrieved on: 
Monday, November 7, 2022

The property is immediately contiguous to Rock Tech Lithium Inc.s (RCKV) (Rock Tech) Georgia Lake Lithium Property and located approximately 160 km northeast of Thunder Bay, Ontario, within the Thunder Bay Mining Division.

Key Points: 
  • The property is immediately contiguous to Rock Tech Lithium Inc.s (RCKV) (Rock Tech) Georgia Lake Lithium Property and located approximately 160 km northeast of Thunder Bay, Ontario, within the Thunder Bay Mining Division.
  • The point of this airborne survey is to identify the potential for structural continuity from neighbouring Rock Techs active development at its Georgia Lake Project.
  • Recharges property is contiguous to the North and West boundaries of Rock Tech Lithiums Georgia Lake Lithium Property and consists of two claim blocks totaling 320 hectares and 432 hectares.
  • The Rock Tech Lithium Georgia Lake Project is host to several spodumene-bearing pegmatites.

RECHARGE’S AIRBORNE MAG SURVEY AT GEORGIA LAKE LITHIUM PROJECT TO DEMONSTRATE ‘STRUCTURAL CONTINUITY’ FROM NEIGHBOUR ROCK TECH

Retrieved on: 
Tuesday, November 1, 2022

The point of this airborne survey being to identify the potential for structural continuity from neighbouring Rock Techs active development at its Georgia Lake Project.

Key Points: 
  • The point of this airborne survey being to identify the potential for structural continuity from neighbouring Rock Techs active development at its Georgia Lake Project.
  • On October 20th, 2022, Mercedes-Benz (MBGn.DE) signed a supply agreement with Canadian-German Rock Tech to receive on average 10,000 tonnes of battery-grade lithium hydroxide per year.
  • Recharges property is contiguous to the North and West boundaries of Rock Tech Lithiums Georgia Lake Lithium Property and consists of two claim blocks totaling 320 hectares and 432 hectares.
  • The Rock Tech Lithium Georgia Lake Project is host to several spodumene-bearing pegmatites.