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Bullboard - Stock Discussion Forum Recharge Resources Ltd C.RR

Alternate Symbol(s):  RECHF

Recharge Resources Ltd. is a Canadian mineral exploration company focused on exploring and developing the production of battery metals to create green, renewable energy to meet the demands of the electric vehicle and fuel cell vehicle market. The Company's projects include Brussels Creek, Murray Ridge (Pinchi Lake), Georgia Lake West & North, and Pocitos I - Salta, Argentina. Its Pocitos I is... see more

CSE:RR - Post Discussion

Recharge Resources Ltd > Significance of Pocitos 2 acquisition
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Post by MarketMakerss on Mar 01, 2023 3:35pm

Significance of Pocitos 2 acquisition

The execution of the option to acquire the Pocitos 2 Lithium Brine Project is significant for RR as it contains the highest trench sample and highest lithium value found on the salar to date, 181 PPM lithium, as well as has the potential to increase the size of the resource at Pocitos by over 65%.

This marks a solid milestone in RR's goal to build up to a 20,000-tonne Ekosolve lithium extraction plant at the Pocitos project in order to supply Richlink Capital Pty. Ltd. up to 20,000 tonnes of lithium chloride/carbonate per year.

Posted on behalf of Recharge Resources Ltd. 

https://recharge-resources.com/news/recharge-resources-executes-option-to-acquire-100-interest-in-the-contiguous-pocitos-2-lithium-brine-project-after-the-succesful-2022-drilling-at-pocitos-1-increasing-the-size-of-the-project-and-poten/

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