VANCOUVER, British Columbia,
Jan. 31, 2019 /CNW/ -- NRG Metals
Inc. ("NRG" or the "Company") (TSX-V: NGZ)
(OTCQB: NRGMF) (Frankfurt: OGPN) is pleased to announce it is
working with Eastern Shore Microbes (E.S.M.) of Virginia, USA, to evaluate the potential for
enhancing evaporation characteristics if lithium brine at the
Hombre Muerto North Lithium Project (H.M.N.) located in Salta and
Catamarca Provinces, Argentina.
E.S.M. is developing Halophillic Evaporative Applications
Technology (H.E.A.T.) The process has been utilized to evaporate
and clean brines from curing cattle hides and E.S.M. is currently
using their collection of over 1300 microbes to adapt the
technology to potentially enhance and shorten the production cycle
of lithium from brines. Testing will be conducted over the
coming months on brine samples from the HMN project at the E.S.M.
laboratory in Belle Haven,
Virginia.
E.S.M. is headed by Dr. Russell
Vreeland. Dr. Vreeland is an expert in the microbial eco
logy of saline environments. He is the co-discoverer of the
world's oldest known bacteria, the 250 million year old
Virgibacillus strains, extracted from ancient salt crystals found
deep in a salt mine outside Carlsbad NM. He has also isolated
living microbes from salt cores in Brazil and the oldest know DNA from 412
million year old salt from a Detroit Mine.
The Company is also in discussions with two developers of
alternative extraction technologies. NRG is committed to evaluating
all aspects of potential lithium production including those that
may allow for a shortened production cycle.
NRG recently filed a report titled "Initial Measured Lithium
and Potassium Resource Estimate Hombre Muerto North Project, Salta
and Catamarca Provinces, Argentina." The report was completed
in accordance with National Instrument 43-101 Standards of
Disclosure for Mineral Projects, on behalf of the Company by
independent consultants Montgomery
and Associates, of Santiago Chile. The report identifies
571,000 tonnes of Lithium Carbonate Equivalent at a grade of 756
parts per million lithium in the combined Measured and Indicated
categories, with a low magnesium to lithium ratio of 2.6 to 1.0
(October 3, 2108 press release) that
will be used in the completion of the PEA.
The HMN Project is strategically located in the Hombre Muerto
Salar, an area of active lithium production by FMC at the Fenix
lithium mine, some 12 kilometers south of the project area. The
project is surrounded by ground now owned by POSCO, a Korean based
lithium producer, as a result of its US$ 280
million purchase of the area from Galaxy Resources Ltd, an
Australian based producer. Galaxy is also moving their
portion of the Hombre Muerto Salar, the Sal de Vida Project, to
lithium production.
On behalf of the board of directors of NRG Metals
Inc.:
Adrian F. C.
Hobkirk,
President and C.E.O.
T: Investors / Shareholders Call 855-415-8100 / Direct to
Adrian Hobkirk 714.316.3272
E: ahobkirk@nrgmetalsinc.com
W: www.nrgmetalsinc.com
The TSX Venture Exchange has not reviewed the content of this
news release and therefore does not accept responsibility or
liability for the adequacy or accuracy of the contents of this news
release.
This news release contains certain "forward-looking statements"
within the meaning of Section 21E of the United States Securities
and Exchange Act of 1934, as amended. Except for statements of
historical fact relating to the Company, certain information
contained herein constitutes forward-looking statements.
Forward-looking statements are based upon opinions and estimates of
management at the date the statements are made and are subject to a
variety of risks and uncertainties and other factors which could
cause actual results to differ materially from those projected in
the forward looking statements. The reader is cautioned not to
place undue reliance on forward-looking statements. We seek safe
harbor.
On behalf of the board of directors of NRG Metals
Inc.:
Adrian F. C.
Hobkirk,
President and C.E.O.
T: Investors / Shareholders Call 855-415-8100 / Direct to
Adrian Hobkirk 714.316.3272
E: ahobkirk@nrgmetalsinc.com
W: www.nrgmetalsinc.com
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content:http://www.prnewswire.com/news-releases/eastern-shore-microbes-working-with-nrg-to-potentially-enhance-evaporation-at-hmn-project-300787164.html
SOURCE NRG Metals Inc.
