Argentina Lithium & Energy Corp (TSX-V:LIT, OTCQB:PNXLF) said it has begun advanced geophysical imaging surveys at its Rincon West lithium project in Argentina.
The company said the deep-seeing Transient Electromagnetic (TEM) Sounding survey will image the sub-surface of the basin, and facilitate target definition for the follow-up drilling program planned for the second quarter of 2022.
“Acquiring advanced sub-surface resistivity data at the Rincon West Project will provide vital information on the lithium potential and extent of brine within the property,” Argentina Lithium & Energy CEO Nikolaos Cacos said in a statement.
“With these data in hand, we expect to quickly move to drill testing the project to validate the targets, and to assess grade and estimates of brine content of the host formations,” Cacos added.
READ: Argentina Lithium & Energy closes option agreement for Rincon West and Pocitos properties in Argentina's Lithium Triangle
Argentina Lithium noted the survey plan for the Rincon West is to comprehensively cover the project with continuous TEM transects, with sounding sites spaced at 200-metre (m) intervals along 39 line-kilometres of survey lines.
It added that the depth of the TEM data will vary depending on ground conditions, but the company expects that images can be obtained from shallow levels to in excess of 500m depth.
Rincon West is adjacent to the Rincon Mining PTY Ltd project acquired by Rio Tinto in December 2021, and has not previously been 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 towards production in order to meet the growing global demand from the battery sector.
The group recently acquired two prime lithium exploration properties in the famous 'Lithium Triangle.’
Contact Sean at sean@proactiveinvestors.com