Recharge Resources Ltd. has engaged Phil Thomas as Qualified Person for the Pocitos 1 Lithium Brine Project in Salta, Argentina. Mr. Thomas, a geologist with over 10 years of brine exploration experience in the region, will oversee the upcoming drill program and prepare a National Instrument 43-101 Mineral Resource Report. The company has received the necessary permits to commence drilling, aiming to confirm lithium brine continuity. Previous exploration revealed lithium values up to 125 ppm, with flow rates exceeding 50,000 litres per minute. Recharge aims to establish a compliant resource through this drilling.
Recharge Resources has reported increased magnesium levels at its Pinchi Lake Project in British Columbia, reaching a maximum of 27.16% from previous assays that surpassed 15%. The company is exploring carbon capture opportunities from ultramafic rocks at the site, which may serve as significant carbon storage reservoirs. CEO David Greenway emphasized the potential for further exploration in response to global clean energy initiatives. The project encompasses 3,917 hectares and is strategically located near other nickel resource projects, highlighting the area's viability for battery metals.
Recharge Resources has received a road gravel permit for its Pocitos 1 Lithium Brine project in Salta, Argentina, paving the way for drilling activities. The local community has shown strong support, signing a memorandum for the drilling program. This permit was crucial for deploying a drilling rig, marking a significant step forward for the advanced-stage project. Recharge plans to drill a 450-meter well to verify lithium brine continuity, aiming to establish a compliant resource. Previous drill results indicated high flow rates, bolstering project viability.
Recharge Resources Ltd. (RECHF) has applied for diamond drilling permits for its 100% owned Brussels Creek Copper-Gold-Palladium property in British Columbia, as announced on June 27, 2022. The Phase 1 Drill Program is fully funded and aims to establish copper-gold mineralization similar to the nearby New Afton mine. Five high-priority drill targets have been identified, with a total proposed depth of 1500 meters. Recent fieldwork has shown promising mineralization, indicating potential for valuable resources in the area.