NOA Lithium Provides Update on 2026 Exploration Drilling Program At Rio Grande Project
NOA Lithium Provides Update on 2026 Exploration
Drilling Program At Rio Grande Project
July 16, 2026, Buenos Aires, Argentina – NOA Lithium Brines Inc. (TSXV:NOAL | Frankfurt:N7N)
(“NOA” or the “Company”) is pleased to provide an update on its 2026 exploration drilling program
at its flagship Rio Grande Project (the “Project”) in Salta Province, Argentina.
The Company reports that both drilling rigs continue to operate in accordance with drilling plan. Well
RT-RG26-PW001 has reached 254 meters, and Well RT -RG26-PW002 has reached its planned
exploratory borehole at a maximum depth of 504 metres. Borehole Magnetic Resonance (B MR)
logging has been completed at Well RT-RG26-PW002 and the production well has been designed.
The Company expects to provide further updates on these wells as drilling advances and results are
compiled.
NOA’s Chief Executive Officer , Gabriel Rubacha states: “We are pleased with the progress of our
2026 drilling program at Rio Grande, with both rigs continuing to operate in accordance with our
plan. Reaching the planned depth at RT -RG26-PW002 and completing BMR logging are important
steps toward finalizing the first production well and advancing the testing phase. We look forward to
providing further updates as drilling and testing activities progress.”
This current drilling program is designed to support evaluation of deep brine -bearing aquifers and
ongoing refinement of the Project’s hydrogeological and resource models, as NOA advances the
Project toward more advanced technical and economic studies.
See the Figures below which show photos of the well sites, BMR logging activities and certain well
interval cuttings.
NEWS RELEASE
Figure 1. RT-RG26-PW001
Figure 2. RT-RG26-PW002
Figure 3. BMR Profiling in RT-RG26-PW002
Figure 4. Cuttings of 300-400 metre interval in RT-RG26-PW002
About NOA Lithium Brines Inc.
NOA is a lithium exploration and development company formed to acquire assets with significant
resource potential. All NOA’s projects are located in the heart of the prolific Lithium Triangle, in the
mining-friendly province of Salta, Argentina, near a multitude of projects and operations owned by
some of the largest players in the lithium industry. NOA has rapidly consolidated one of the largest
lithium brine claim portfolios in this region that is not owned by a producing company, with key
positions on three prospective salars, being Rio Grande, Arizaro, and Salinas Grandes, and totalling
over 140,000 hectares.
On Behalf of the Board of Directors,
Gabriel Rubacha
Chief Executive Officer and Director
For Further Information
Website: www.noalithium.com
Email: [email protected]
Telephone: +54-9-11-5060-4709
Alternative Telephone: +1-403-571-8013
Qualified Person
David O’Connor P.Geo., is the Qualified Person as defined by National Instrument 43 -101 –
Standards of Disclosure for Mineral Projects , and he has reviewed and approved the scientific and
technical information in this news release.
Cautionary Note Regarding Forward-Looking Statements
This news release contains forward-looking statements and other statements that are not historical
facts. Forward -looking statements are often identified by terms such as “will”, “may”, “should”,
“anticipate”, “expects” and similar expressions. All stateme nts other than statements of historical
fact, included in this news release are forward -looking statements that involve risks and
uncertainties. There can be no assurance that such statements will prove to be accurate and actual
results and future events could differ materially from those anticipated in such statements. Important
factors that could cause actual results to differ materially from the Company’s expectations include
the results of exploration drilling, further brine process testing and exploration and other risks detailed
from time to time in the filings made by the Company with securities regulators. The reader is
cautioned that assumptions used in the preparation of any forward-looking information may prove to
be incorrect. Events or circumstances may cause actual results to differ materially from those
predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many
of which are beyond the control of the Company. The reader is cautioned not to place undue reliance
on any forward -looking information. Such information, although considered reasonab le by
management at the time of preparation, may prove to be incorrect and actual results may differ
materially from those anticipated. Forward -looking statements contained in this news release are
expressly qualified by this cautionary statement. The forw ard-looking statements contained in this
news release are made as of the date of this news release and the Company will update or revise
publicly any of the included forward-looking statements as expressly required by applicable law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined
in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy
of this release. No securities regulatory authority has reviewed nor accepts responsibility for
the adequacy or accuracy of the content of this news release.