Hombre Muerto North Project in Argentina
Located in Salta and Catamarca Provinces, Argentina. The property package of 3,287 hectares is comprised of the Alba Sabrina, Tramo, Natalia Maria, Gaston Enrique, Viamonte and Norma Edit concessions, all located in the Salar del Hombre Muerto in northwestern Argentina.
Highlights of the Hombre Muerto North Lithium Project Include:
- 20 surface samples collected in 2016-2017 range from 48 to 1,064 mg/L Li, averaging 587 mg/L Li , with seven samples over 800 mg/Li.
- Magnesium to lithium ratios range from 1.1:1 to 10.2:1, averaging 4.6:1 , which are low by industry standards.
- Geophysical data indicates zones of low resistivity, interpreted to be potential lithium-bearing zones that are open at depth.
- Adjacent to Galaxy Resources’ Sal de Vida lithium development project and FMC Corp’s long-time producing Fenix lithium brine operations.
The location of the project and the concessions is shown on the map below. The western part of the Salar del Hombre Muerto is host to FMC’s Fenix Mine (~20 km south of the Hombre Muerto North property), which has been producing lithium for over twenty years, and Galaxy Resources is developing its Sal de Vida lithium project in the eastern part of the salar.
Adrian Hobkirk, CEO of NRG Metals, commented:
“We are very excited to be able to lock-up this project in the preeminent lithium brine production and development area in Argentina. NRG has a highly qualified, Argentina-based team of professionals experienced with lithium exploration, development, through to lithium production.”
May 14, 2018 - NRG adds second drill onsite
May 2018 - Drill rig operational and drilling is progressing as planned
The first diamond core hole has been advanced to a depth of 105 meters with a target depth of up to 350 meters. The geological profile observed so far in the core is that of sand, gravel, and clay, with a small halite zone, consistent with the expected geology. Brine was encountered from the top of the hole, and samples have been taken every ten meters from the current depth back to surface using a double packer unit.
March 2018 - Installation of housing and buildings
Feb 2018 - Hombre Muerto CEO visit
The NRG management team recently completed a site visit to the Hombre Muerto North Lithium Project in Argentina. This exciting project is located in one of the highest grade salars in Argentina where FMC has conducted lithium extraction operations for many years. Our technical team, including the President of Chemphys, Dr. Yi Hua Dai, inspected the site. Road access is excellent and we should be able to kick off our drill program in a timely manner.