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Bullboard - Stock Discussion Forum NRG Metals Inc. V.NGZ

"NRG Metals Inc is a Canadian based mining company. It is engaged in the identification, acquisition, and exploration of mineral properties in Quebec, Canada, Guyana, and Argentina. The company has two lithium brine projects, located in Argentina. Its project includes Hombre Muerto North Project."

TSXV:NGZ - Post Discussion

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Post by Jon1313 on Jul 10, 2018 8:42am

NEWS

Dear Investors,

We are encouraged to find high lithium grades in the first part of the second hole, and these results demonstrate the presence of lithium bearing brine across our Tramo property. We will have a more complete picture once this hole is completed and when we have the results of the pumping test from the large diameter hole completed adjacent to the first core hole.

Adrian Hobkirk
CEO of NRG Metals Inc.

NRG Announces Initial Results for Second Drill Hole at its
Flagship Hombre Muerto North Lithium Project

HIGHLIGHT

Initial sample results for the second core hole indicate excellent lithium values with very low Mg/Li ratios. The arithmetic average of three samples taken to a depth of 61.5 m is 719 mg/l lithium with a magnesium to lithium ratio ranging from 2.1 to 3.3.

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.


 
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