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In addition the core from 2018 holes PO1 and PO2 are being relogged by our geologists.
Results
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Table 1. Core laboratories final results from 7 cores tested
The value of effective porosity over 5% is acceptable and higher than 10% is exceptional at these depths and shows the sediments are not compacted at depth possibly containing a significant amount of brine (defined as porosity). Based on the porosity characteristics by depth, due to the presence of secondary pores, stratigraphic static pressure, and other factors, porosity shows fluctuations with increasing depth.
Generally speaking we will observe higher rates in bore holes than the laboratory. Additional work will be done using data and applying Darcy’s Law to determine the flow rate (also known as permeability) through the uncompacted sediments containing halite and fractures.The primary goal in pore assessment is to quantify these pores, not just in terms of shape and size, but how they contribute to the overall fabric of the wet clays and its ability to transmit lithium bearing brines, and the bulk physical properties of the clay/halite sediments. Given the results and extreme flow rates from drill holes 1,2 and 3 at Pocitos we look forward to more positive results.
Porosity Work has been done on similar clay siltstone and sand sediments and the graph Figure 1 shows the transmission and grain size relativity.
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Figure1The Pocitos clays are between 10-100µm showing excellent transmission properties. From - Zhang, Zhichao, Pan, Zhenhui, Ping, 2022/07/01, Microstructural and mechanical effect of salt crystallization on remolded loess, 81, 10.1007/s12665-022-10476-9, Environmental Earth Sciences. µm is a micrometer or micron and 1 µm =0.001 millimeters.
About
The Pocitos 1 Project is located approximately 10km from the township of Pocitos where there is gas, electricity, and accommodation. Pocitos 1 is approximately 800 hectares and is accessible by road. Collective exploration totals over
Lithium values of 169 ppm from drill hole 3 packer test assayed from laboratory analysis conducted by
Recharge is awaiting the completion of the process engineering work to be completed by
WSP Australia is waiting on the relogging of the cores to be completed before it delivers the Company’s maiden resource estimate at Pocitos 1 that will result in an update of the NI 43-101 report completed by QP Phillip Thomas in
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Figure 2. Pocitos Lithium Claim Map
Qualified Person
Phillip Thomas, BSc Geol, MBusM, FAusIMM, MAIG, MAIMVA, (CMV), a Qualified Person as defined under NI 43-101 regulations, has reviewed the technical information that forms the basis for portions of this news release, and has approved the disclosure herein.
About
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On Behalf of the Board of Directors
“David Greenway”
For further information, please contact:
Phone: 778-588-5473
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Disclaimer for Forward-Looking Information
Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding Recharge’s intention to continue to identify potential transactions and make certain corporate changes and applications. Forward looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance, or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefitsRecharge will obtain from them. These forward-looking statements reflect managements’ current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause actual results to differ materially from those expressed or implied by the forward-looking statements, including Recharge’s results of exploration or review of properties that Recharge does acquire. These forward-looking statements are made as of the date of this news release and Recharge assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements, except in accordance with applicable securities laws.
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