Site Survey Confirms Sodium Carbonate Potential at Laguna Santa Maria

Sample LMS 05 returned 15,981 mg/L CaCO3, 7,980 mg/L CO3, 3,270 mg/L HCO3 and 15.844 mg/L Na with total dissolved solids at 39,727 mg/L.   

All test work was completed under the supervision of Mr. William Feyerabend, a director and Qualified Person under National Instrument 43-101. All samples were analyzed by Alex Stewart Laboratories, an ISO certified laboratory located in Mendoza, Argentina. Quality Assurance and Best Practices were employed in the sample program including blank insertion prior to assy.

This small sample set would indicate that a soda ash product may possibly be produced by the evaporation of liquid contained within the target zone. The next phase of work will include an onsite bulk sample of brine for evaporative testing.

Company President Adrian F.C. Hobkirk is quoted, "We are pleased with the initial results from the first phase of evaluation of the Laguna Santa Maria soda ash deposit.  The close proximity of the Mining Licenses to significant lithium production and development represents a unique strategic business opportunity for the Company.

Company Director Mr. Willaim Feyerabend, a Consulting Geologist and Qualified Person under N.I. 43101 participated in the production of this press release and approves of the scientific and technical content contained herein.

About Critical Reagent Processing Corp.

Critical Reagent Processing Corp. (CRPC) has completed its purchase option agreement to acquire up to a 100% interest in the Mina Laguna Santa Maria project, which consists of two mining concessions licensed for the production of sodium carbonate, "Soda Ash". Pursuant to the option agreement, the Company is now the holder of 100% of N^o 17.643 Ignacio VI and 86% of N^o 1.255 Santa Maria and has filed documentation to obtain the remaining 14% of N^o 1.255 Santa Maria, located in Salta Province, Argentina. The 260 hectare property hosts a natural deposit of sodium carbonate, or soda ash. Soda ash is a necessary reagent for the production of lithium carbonate. The U.S. Geological Survey reported in 2022, 165,000 tonnes of soda ash were exported from the United States to Argentina, with a value of $US 48 million. CRPC believes the Laguna Santa Maria Project holds a competitive advantage over soda ash importation into Argentina as it is located in country, and in an area of significant lithium carbonate production and project development. Management is continuing to evaluate the property and market for soda ash in Argentina. Results of a bulk sample chemical evaluation are expected shortly.

ON BEHALF OF THE BOARD

Adrian Hobkirk President and CEO

T:  954-684-8040
E:  info@crpc-corp.com
W:   www.crpc-corp.com

The CSE has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

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SOURCE Critical Reagent Processing Corp.