Hombre Muerto North Project

NRG Metals Inc. Projects

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:

  • Project has been significantly de-risked.
  • Exceptional Li Samples;  300 - 400 meter average 918 mg/l Li with a low Mg to Li ratio.
  • Excellent Pump Test Results - produced 26 liters per second of lithium brine in 72-hours.
  • 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 sold in May 2018 to Posco for $280 Million.
  • Drilling on a second core hole located 2.1 kilometers to the west of the first hole is advancing.
  • Highly qualified, Argentina-based team of professionals experienced with lithium exploration, development, through to lithium production.

Quotes taken from previous New Releases...

August 9th - José de Castro, Chief Operating Officer of NRG Metals Inc., commented,

“we are very pleased with the results of the pumping test at Hombre Muerto North. These results have removed a significant part of the risk associated with developing a lithium operation. We are seeing exceptionally high grades in clastic host rocks with good permeability, and the brine chemistry is very favorable. The Hombre Muerto North brine is unsaturated and has low sulfate and magnesium ratios. Brine with these characteristics has the potential to evaporate more quickly while using less pond area than would be the case for a typical saturated brine and will require lower consumption of chemical reagents potentially resulting in diminished capital and operating costs.”

July 10th - Adrian Hobkirk, CEO of NRG Metals Inc., commented,

“We are encouraged to find high lithium grades in the first part of the second hole, and these results demonstrate the presence of lithium bearing brine across our Tramo property. We will have a more complete picture once this hole is completed and when we have the results of the pumping test from the large diameter hole completed adjacent to the first core hole.”

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.”

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