RR up 14% Over Week as Data Acquisition for Pocitos Finishes Recharge Resources (RR.c or RECHF for US investors) closed up again today on the CSE putting it up 14% over the week.
Earlier this week RR shared that it has successfully concluded the data acquisition phase for its flagship Pocitos 1 Lithium Brine Project in Salta, Argentina.
This update encompasses the meticulous documentation of two wells drilled in 2018, with the relevant data submitted to WSP Australia Pty Ltd for the ongoing resource estimate.
WSP, a globally recognized consultancy specializing in hydrology and brine resource estimates, is integrating data from diverse sources, such as the NI 43-101 technical report, MT Survey, 2018 TEM survey, drilling programs, core logs, and core porosity data to help create the resource estimate.
Expressing optimism about the progress, David Greenway, President, and CEO emphasized the thoroughness of WSP's work and RR's Progress: "[RR] is pushing forward on all fronts with our inaugural NI 43-101, MT geophysics survey, and porosity studies completed and a pending drill program, and a planned upcoming NI 43-101 resource estimate. These developments should make for an exciting next period for Recharge and its stakeholders at the Pocitos Project"
More here: https://recharge-resources.com/news/recharge-completes-data-acquisition-of-pocitos-1-lithium-brine-project-for-ni-43-101-resource-estimate/
Posted on behalf of Recharge Resources Ltd.