NRG Announces Initial Results for Second Drill Hole at its Flagship Hombre Muerto North Lithium Project
July 10, 2018 / Vancouver, BC / NRG Metals Inc. (“NRG” or the “Company”) (TSX-V: NGZ) (OTCQB: NRGMF) (Frankfurt: OGPN) is pleased to report the initial assays for samples from the second diamond drill hole at the Hombre Muerto Lithium project. The samples were taken from near surface to a depth of 61.5 m below surface. The samples average 719 mg/L lithium with a very low Mg to Li ratio ranging from 2.1 to 3.3. These values are similar to the results obtained in the first diamond drill hole located 2.1 kilometers to the east. The assays results are shown in the following table.
Drilling in this hole has advanced to a depth of 226.5 m with a planned depth of 400 m. Host
Adrian Hobkirk, CEO of NRG Metals Inc., commented, “We are encouraged to find high lithium
The sampling was conducted with single packer equipment over 1.0 to 2.5 m intervals
The project is located in the province of Salta, Argentina at the northern end of the prolific
About the Company
NRG Metals Inc. is an exploration stage company focused on the advancement of lithium brine
On behalf of the board of directors of NRG Metals Inc.:
Adrian F.C. Hobkirk
The preparation of this press release was supervised by Mr. Michael J. Rosko, a registered professional geologist in the states of Arizona (25065), California (5236), and Texas (6359), and a registered member of Society for Mining, Metallurgy, and Exploration (#4064687) and a Qualified Person as defined under National Instrument 43-101 with over 30 years of experience, with 10 years of direct experience with lithium brine deposits. Mr. Rosko approves the scientific and technical disclosure contained in this press release. The TSX Venture Exchange has not reviewed the content of this news release and therefore does not accept responsibility or liability for the adequacy or accuracy of the contents of this news release.
This news release contains certain “forward-looking statements” within the meaning of Section 21E of the United States Securities and Exchange Act of 1934, as amended. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward-looking statements. Forward-looking statements are based upon opinions and estimates of management at the date thestatements are made and are subject to a variety of risks and uncertainties and other factors which could cause actual results to differ materially from those projected in the forward-looking statements. The reader is cautioned not to place undue reliance on forward-looking statements.The transaction described in this news release is subject to a variety of conditions and risks which include but are not limited to: regulatory approval, shareholder approval, market conditions, legal due diligence for claim validity, financing, political risk, security risks at the property locations and other risks. As such, the reader is cautioned that there can be no guarantee that this transaction will complete as described in this news release. We seek safe harbor.
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