Galiano Gold Inc. press release

Argentina Lithium announces drilling has started at Rincon West project

2023-10-20

TSX - Toronto Stock Exchange · Gold · Silver · Canada · Drill Results

(NewsDirect)

Argentina Lithium & Energy Vice President of Exploration Miles Rideout joined Steve Darling from Proactive to share more details on the company's activities at the Rincon West lithium project in Argentina. The company has successfully resumed drilling operations, signifying its commitment to advancing its exploration activities.

One of the noteworthy achievements is the acquisition of an essential environmental permit. This permit allows the company to expand its exploration efforts into the Rinconcita II concession, which is situated to the east of the current project area.

To enhance its understanding of the geological characteristics and subsurface structures of the property, Argentina Lithium has conducted ground geophysical surveys. The company has mobilized a diamond drill rig to the site, which is now actively involved in drilling operations. Currently, the drill is in the midst of executing the second hole of a planned six-hole exploration program. This program aims to assess the lithium potential in the area comprehensively. Argentina Lithium has outlined its plans to complete five diamond drill holes as part of this campaign. Following this, there will be one rotary drill well designed for pump testing.

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