Recharge Resources Ltd. announced that it has received very favourable porosity and permeability results from the core analysis conducted by Core Laboratories in Australia from its Lithium Brine Project, Pocitos One in Salta, Argentina. The results will be input into the resource estimate calculations currently being prepared by WSP Australia as announced on July 24, 2023. In addition the core from 2018 holes PO1 and PO2 are being relogged by the company?s geologists.

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, the company 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 the company look forward to more positive results.