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NRG Metals Inc.
750 West Pender Street, Suite 804, Vancouver, British Columbia, Canada

Memberships : NA
Industry : Base Metals
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Since Mar, 2020
About Company

NRG Metals Inc. is focused on the development of its flagship lithium brine project, Hombre Muerto Norte lithium project (HMN) in the Salta province of Argentina.

The property package of 3,287 hectares is comprised of six mining concessions. Two production wells have been completed and cased on the Tramo Concession. The project is strategically located with developed infrastructure.

The HMN project surrounded by two leading lithium brine producers, Korean giant POSCO and Galaxy Resources at the northern end of the renowned Hombre Muerto Salar.

HMN has an outlined Measured and Indicated Mineral Resources of .57M tonnes Lithium Carbonate Equivalent (LCE) NRG adds second drill at the Hombre Muerto North Lithium Projectand a projected mine life of 30 years. A recent Preliminary Economic Assessment returns a Net Present Value of US$ 217 million, CAPEX of US$ 93 million and an Internal Rate of Return of 30%. A Feasibility Study on the project is in progress which will include upgrading the current resource to a reserve status.

The Company is moving forward with the evaluation and development of alternative Lithium extraction technology.

The Company currently has approximately 7 million shares issued and outstanding, and trades on the TSX Venture Exchange under the symbol NGZ, on the OTCQB Market under the symbol, NRGMF, and on the Frankfurt Stock Exchange under the symbol, OGPN.

Company Highlights

World Class Management Team

Experience and excellent infrastructure – from first drill hole to PEA in only 11 months

PEA indicates potentially robust economics for a 5,000 tonne/year LCE operation with a CAPEX of $93.3M, OPEX of $3,112/t LCE, NPV(8) of $217M and IRR of 28.0%

Two production wells completed and cased

Sizeable property package (3,287 hectares) next to leading Lithium-brine producers

Partnered with high-purity Lithium battery producer in China – Chemphys – www.chemphys.com

NRG Metals listed as TOP 10 PERFORMER in Mining in 2018 TSX Venture 50 Ranking – www.tmxmoney.com

Company NameNRG Metals Inc.
Business CategoryBase Metals
Address750 West Pender Street, Suite 804
Vancouver
British Columbia
Canada
ZIP: V6C-2T7
PresidentAdrian F.C. Hobkirk
Year EstablishedNA
EmployeesNA
MembershipsNA
Hours of OperationMonday to Friday 9:00 am to 5:00 pm
Company Services
  • Developing Mineral Properties
  • Development Of Lithium Brine Project
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