NOA Lithium Brines Inc. announced that its drilling contractor has mobilized it’s drilling rig for the Company’s upcoming 2025 water exploration campaign at its flagship Rio Grande Project in Salta Province.
By Panorama Minero
Drilling operations are scheduled to commence within the next 20 days. As part of this program, NOA is pleased to report that site preparation activities are already underway to ensure the contractor can begin drilling on schedule.
NOA’s Chief Executive Officer Gabriel Rubacha states: “Geophysical surveys across our Rio Grande properties have already identified zones with high potential for water resources. Launching this campaign marks a major milestone for the Company, as it will provide essential data to support the Preliminary Economic Assessment, which we expect to award in the near term. This work will be key in advancing an objective valuation of Rio Grande’s development potential.”
The Rio Grande Project is NOA's flagship asset, with a resource of approximately 4.7 million tons of lithium carbonate equivalent at an average lithium concentration of 525 milligrams per litre. In December 2024, NOA completed final property payments on its Rio Grande Project, securing 100% ownership of all claims within this project. The current water exploration initiative represents an important step in the development sequence of the Rio Grande Project, building upon previous drilling and technical work.
