sur NOA Lithium Brines Inc. (CVE:NOAL)
NOA Lithium Advances Rio Grande Project with Promising Well Results
NOA Lithium Brines Inc. has reported positive outcomes from its ongoing 2026 exploration drilling program at the Rio Grande Project in Salta Province, Argentina. Notably, well RT-RG26-PW002 has shown promising results with pumping rates reaching up to 25 L/s, exceeding the 15 L/s rate initially considered in the Preliminary Economic Assessment. This suggests strong aquifer performance, supporting the well's productive capacity at an operating rate of 20 L/s.
Continuous tests over 48 hours are in progress to gather further data on aquifer performance, and results from the brine samples are expected soon. The project is focused on evaluating deep brine-bearing aquifers to enhance hydrogeological and resource models as it moves towards more in-depth technical and economic analyses.
Additionally, amid the exploration updates, NOA Lithium issued over 2.4 million common shares in the third quarter to Hatch Ltd. and Tricone Inc. as part of service arrangements. The company's recent efforts reflect a strategic move towards advancing its Rio Grande Project, targeting further technical achievements.
R. E.
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