Recharge Resources Ltd. announces it has paid USD $500,000, as required by the Company's option to acquire a 100% interest in the Pocitos 1 Lithium Brine project in Salta, Argentina. The amount was paid in advance of the March 21st 2023 deadline and is the final cash payment required until March 21st, 2027 in order to acquire a 100% interest in the project and will fully vest the Company as an 80% owner in the project [...]
Recharge Resources Ltd. announced today that its brine samples containing 161 ppm lithium taken from the Company's 2022 DDH3 drill program at the Pocitos lithium brine project, are being converted from lithium chloride to battery grade lithium carbonate. Recharge is using Ekosolve™? 10 stage extraction process, to produce lithium chloride, as contemplated as one of the end products under the offtake LOI between [...]
Recharge Resources Ltd. announced today that its brine samples containing 161ppm lithium taken from the company's 2022 DDH3 drill program at the Pocitos lithium brine project in Salta, Argentina, have arrived at the Ekosolve™ Testing Facility at the University of Melbourne. The lithium will now be extracted using the Ekosolve™? 10 stage extraction, washing and stripping process to produce battery grade lithium [...]
Recharge Resources Ltd. has approved an initial recon prospecting program at its 100% owned Georgia Lake lithium project in the Thunder Bay Mining Division, Ontario, as a follow up to the previously announced heliborne magnetic survey completed in Q4 2022. Figure 1. Imagery from heliborne magnetic survey Please click to view image The recon program will start in early spring once weather permits. The program will be [...]
Recharge Resources Ltd. is pleased to announce it has signed an option agreement with Spey Resources Corp. whereby the Company may acquire up to a 100% undivided interest in the Pocitos 2 Project, a 532 hectare lithium brine project located just outside of Salta, Argentina and contiguous to the company's ongoing operations on the Pocitos salar . Previous surface sampling, trenching and VTEM Geophysics carried out in 2018 [...]
Recharge Resources Ltd. is pleased to announce the Company has engaged with Quantec Geoscience Argentina S.A. to provide a Controlled-Source Magnetotellurics audio-telleric geophysical survey subject to scheduling in March or April 2023 to delineate the lithology and potential aquifers on its 800 ha property down to depth of 500m at the flagship Pocitos 1 Lithium Brine Project in Salta, Argentina. Figure 1. CSAMT Survey [...]
Recharge Resources Ltd. is pleased to announce the appointment of Mr. Bill Macdonald to the Company's Advisory Board. William Macdonald is a successful securities and corporate finance lawyer operating in North Vancouver, Canada. Mr. Macdonald has been, and continues to be, a director and/or officer of numerous publicly traded companies listed on Canadian stock exchanges in a variety of industries. Mr. Macdonald is the [...]
Recharge Resources Ltd. announces the Company has applied to Argentina's Department of Mines for Recharge to drill a fourth hole after the success of the now three previous holes hitting the targeted lithium bearing brine aquifers at its "Pocitos 1" Lithium Brine project in Salta, Argentina. The position of the next drill hole has been positioned to maximize the size of the potential resource using the previously [...]
Recharge Resources Ltd. is pleased to announce the Company's 2022 Pocitos 1 drill hole, which intercepted the 2018 lithium brine discovery aquifer, has flowed for a 2-week period and assayed at an average of 161 PPM lithium showing consistent flow and grade of lithium content from the target aquifers at 343 and 363m. These additional assays over a two-week period from the 2022 well again exceeded that of the measured [...]
Recharge Resources Ltd. announced that Paradigm drillers arrived on site today for the Company's fully-funded winter drill program at Recharge's 100% owned Brussels Creek Gold-Copper-Palladium Project in Kamloops, BC, Canada. Paradigm Drilling delivered the skid mount, Boyles 25 model drill rig to the staging area near the Brussels Creek Property with drilling about to commence to complete 900 meters of NQ size core [...]
Recharge Resources Ltd. is pleased to announce the completion of DDH1 that intercepted the targeted brine aquifers and sampled 169 ppm lithium and flow rates similar to what was previously observed under its own pressure, constrained by a valve to preserve the well. The brines flowed for 10 days. The drill hole also intercepted gas in a porous lithological unit that accelerated the brine flow. Fig 1. Dec, 2022 Drilling at [...]
Recharge Resources Ltd. is pleased to announce that Prospectair Geosurveys has finalized processing the high-resolution heliborne magnetic survey data collected from the company's 100% owned Georgia Lake North and West Lithium Properties. The Property is immediately contiguous to Rock Tech Lithium Inc's Georgia Lake Lithium Property and located approximately 160 km northeast of Thunder Bay, Ontario, within the Thunder Bay [...]