Candela II Project Drilling On Incahuasi Salar

VANCOUVER - Spey Resources Corp. reported that Amaru Drilling is onsite at Incahuasi Salar, Argentina and will commence its 5 hole, 710m program. Brine samples from the drill holes will be collected using a double packer system and core samples will be sent to Core Laboratories, Texas USA for porosity and transmissivity testing. This data will be incorporated in the NI 43-101 report that will be completed after the drilling results are collated. Our TEM geophysics report has identified three extensive sandy units bound by clay units that have very low resistivity values and appear to host the main aquifers. The aquifer closest to the surface is more than 1km in length and is about 75m below the surface. The sampling has shown higher concentrations at the surface on the western end of the concession.

Nader Vatanchi, CEO, said, “I’m delighted with the progress our team has made and look forward to the brine analysis results from the deep drilling at Candela II.”