NRG Metals Inc. reported a maiden lithium (Li) and potassium (K) resource statement for its Hombre Muerto North lithium brine project in the Salta province. The NI 43-101 resource statement includes 509,000 tonnes (metric tons) of lithium carbonate (Li2CO3) equivalent (LCE) and 1,609,000 tonnes of potash (KCl) equivalent in the Measured and Indicated Resource categories, with an additional 62,000 tonnes of LCE and 231,000 tonnes KCl in the Indicated Resource category.
Adrian Hobkirk, President and CEO of NRG, commented, “we are very excited to see a robust and high-grade 43-101 resource estimate from our hydrogeological consultants. The Company now has a high-quality defined resource estimate with positive chemical characteristics that will hopefully allow us to advance the project through feasibility studies to production should the economic viability and technical feasibility of the project be established.”
