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Neo Lithium Updates 3Q Project with 125% Increase of Measured and Indicated Resources in the High-Grade Zone

Significant increase in northern high-grade mineral resource estimate at 800 mgl lithium cut-off: Measured and indicated resource estimate of 1,682,000 tonnes of lithium carbonate equivalent at an average grade of 926 mgl Lithium Significant increase of central and southern medium-grade resource estimate at 400 mgl Lithium cut-off: Measured and indicated resource estimate 5,304,000 tonnes of lithium carbonate . ....

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Neo Lithium Discovers New Deep Brine Aquifer in the High-Grade Zone of the 3Q Project


Neo Lithium Discovers New Deep Brine Aquifer in the High-Grade Zone of the 3Q Project
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Every new drill hole intercepted high-grade brine at depth of up to 362m and outside of the previous resource estimate in 2018
Previous resource estimate in the northern high-grade zone only went to 100m and drill hole PP1-R-26 250m off-strike
The Company expects to deliver a positive new resource update including all the new deeper and off-strike drill holes in Q2 2021
TORONTO, May 27, 2021 /CNW/ - Neo Lithium Corp. (
Neo Lithium or the
Company ) (TSXV: NLC) (OTCQX: NTTHF) (FSE: NE2) is pleased to announce that as a result of the current drilling program it has successfully intercepted a new deep brine aquifer, located outside the area which resulted in the Company s Updated Mineral Resource Estimate Technical Report on the 3Q Lithium Project, Catamarca Province, Argentina prepared by Groundwater Insight Inc. with an effective date o ....

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Neo Lithium engages Worley to complete feasibility study of 3Q project


Neo Lithium engages Worley to complete feasibility study of 3Q project
Neo Lithium has engaged Worley to complete a comprehensive DFS on its flagship, high-grade lithium brine project, 3Q, in Catamarca, Argentina. The development strategy focuses on production of 20,000 tonnes per year of lithium carbonate with the flexibility to expand production to 40,000 tonnes per year after phase one is completed and operational. The DFS is scheduled for completion in Q3 2021.
On the back of CATL’s investment and involvement, we are very pleased to have engaged and be working with Worley who bring a wealth of lithium knowledge and experience to our 3Q Project. Worley is a leading global engineering firm and has been involved in all aspects of lithium brine operations which will be invaluable in executing our DFS. ....

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