NOA Lithium Brines Inc ( (TSE:NOAL) ) has issued an update.
NOA Lithium Brines Inc. has appointed Hatch Limited to conduct a Preliminary Economic Assessment (PEA) for its Rio Grande Project in Salta, Argentina. The PEA will evaluate the project’s economic parameters and development potential for an initial production capacity of 20,000 metric tonnes per year of lithium carbonate equivalent, with scalability options. Completion is expected in four months, providing critical insights into the project’s viability and advancing it towards production, thereby unlocking further value for shareholders.
More about NOA Lithium Brines Inc
NOA Lithium Brines Inc. is a lithium exploration and development company focused on acquiring assets with significant resource potential. It operates in the Lithium Triangle in Salta, Argentina, and has consolidated one of the largest lithium brine claim portfolios in the region. Its flagship asset, the Rio Grande Project, boasts a resource estimate of approximately 4.7 million tons of lithium carbonate equivalent.
YTD Price Performance: 36.54%
Average Trading Volume: 219,038
Technical Sentiment Signal: Sell
Current Market Cap: C$45.69M
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