Home Energy company Argentina Lithium & Energy Corp launches the geophysical program of its Rincon West project in Argentina

Argentina Lithium & Energy Corp launches the geophysical program of its Rincon West project in Argentina

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The company said the deep transient electromagnetic (TEM) survey will help define targets for the follow-up drilling program scheduled for the second quarter of 2022.

Argentina Lithium & Energy Corp (TSX-V:LIT, OTCQB:PNXLF) announced that it has begun advanced geophysical imaging surveys at its Rincon West lithium project in Argentina.

The company said the deep transient electromagnetic (TEM) survey will image the subsurface of the basin and assist in target definition for the follow-up drilling program scheduled for the second quarter of 2022.

“Acquiring advanced underground resistivity data from the Rincon West project will provide vital information on the lithium potential and extent of brine within the property,” said Argentine Lithium & Energy CEO Nikolaos Cacos. in a press release.

“With this data in hand, we plan to move quickly to drill testing the project to validate the targets, and to evaluate the grade and brine grade estimates of the host formations,” Cacos added.

READ: Argentina Lithium & Energy enters into option agreement for Rincon West and Pocitos properties in Argentina’s Lithium Triangle

Argentina Lithium noted that the survey plan for Rincon West is to completely cover the project with continuous TEM transects, with sounding sites spaced at 200 meter (m) intervals along 39 line kilometers of dash lines. ‘study.

He added that the depth of TEM data will vary depending on ground conditions, but the company expects images can be obtained from shallow levels to over 500m depth.

Rincon West is adjacent to the Rincon Mining PTY Ltd project acquired by Rio Tinto in December 2021, and has not been previously drilled but covers a continuation of the Rincon Basin where Rincon Mining and Argosy Minerals Limited have identified significant lithium resources, according to the company.

Argentina Lithium & Energy is focused on acquiring high-quality lithium projects in Argentina and advancing them to production to meet growing global demand from the battery industry.

The group recently acquired two prime lithium exploration properties in the famous “Lithium Triangle”.

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