on NOA Lithium Brines Inc. (isin : CA6293521051)
NOA Lithium Brines Inc. Discovers Fresh Water at Rio Grande Project
NOA Lithium Brines Inc. has announced the discovery of a fresh water source at its Rio Grande Project in Argentina. This marks a significant step in the company's 2025 water drilling exploration program. The fresh water was located in the northern section of the project site, drilled to a depth of 190 meters. NOA plans further testing and development of this water resource.
This discovery is strategically important as the water source is close to areas with high lithium concentration. This proximity offers advantages for potential production facilities or evaporation ponds. CEO Gabriel Rubacha emphasized the importance of this milestone for the project's development potential.
The company has identified two additional fresh water targets at the site. NOA is also progressing with its Preliminary Economic Assessment, expected for completion in Q3 2025.
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