PEA HIGHLIGHTS After tax NPV of US$934 million with an IRR of 31.6% PEA based on a mine life of 25 years with a 2.5 year payback PEA based on a production rate of 15,600 tonnes of lithium carbonate technical grade per year Processing based on simple and proven solar evaporation technology Lithium South Development Corp. is pleased to announce positive results from an independent Preliminary Economic Assessment for its [...]
Lithium South Development Corp. is pleased to provide an update regarding the ongoing development of the HMN Li Project, located on the Hombre Muerto salar, in Salta Province, Argentina. Spanning 3,287 salar located hectares, the HMN Li Project is comprised of five key claim blocks: Alba Sabrina , Norma Edit , Viamonte/Natalia Maria , Gaston Enrique , and Tramo . Alba Sabrina Production Well One has been drilled to 340 [...]
FN Media Group Presents USA News Group News Commentary USA News Group - Argentina's lithium industry is kicking off 2024 with a bang, as a new report from the Rosario Stock Exchange projects the country's production to surpass both Chile and Australia by 2027. According to the report: "In a context where lithium production is expected to grow 8% annually in Chile and 16% in Australia by 2027, the average annual increase [...]
Lithium South Development Corp. is pleased to announce a landmark agreement with POSCO Argentina SAU, a wholly owned subsidiary of South Korean industry giant, Pohang Iron and Steel Company . The newly signed Cooperative Development Agreement marks a significant milestone in the Company's progression towards lithium production, setting the stage for an innovative collaboration in the development of the Hombre North [...]
Highlights 175% Increase in Lithium Resource 1,583,200 Tonnes Lithium Carbonate Equivalent at 736 mg/L Li 40% Projected Increase in Lithium Recovery to 70% Lithium South Development Corp. is pleased to report it has issued and filed November 6, 2023, a technical report titled, Updated Mineral Resource Estimate - Hombre Muerto North Project, NI 43-101 Technical Report Catamarca and Salta, Argentina, Mark King, PhD, PGeo [...]
Lithium South Development Corp. is pleased to report that the first production well at the HMN Li Project, located in Salta Province, Argentina, has been installed. The well has been drilled to a depth of 60 meters and is now being cased and screened. A pump test will begin immediately upon hole development. Hole depth was determined by lithological history and at site drilling observations. The Company is issuing a [...]
Lithium South Development Corp. is pleased to announce that it has selected Knight Piésold Consulting and JDS Energy & Mining to prepare an updated National Instrument 43-101 Preliminary Economic Assessment on its flagship Hombre Muerto North Lithium Project , located in Salta Province, Argentina. The report will use the new HMN Li Project upgraded resource of 1.58 million tonnes Lithium Carbonate Equivalent . It will [...]
Lithium South Development Corp. is pleased to announce the appointment of Gordon Neal as a director of the Company, effective October 6, 2023. Gordon Neal obtained his Bachelor of Science from Dalhousie University in 1978. Since December 2021, he has served as the CEO and a director of Tincorp Metals Inc. where he oversees the company's exploration and development programs, capital markets, environmental and social [...]
VANCOUVER, BC , Sept. 14, 2023 /CNW/ -- Lithium South Development Corp. is pleased to announce the initiation of a pumping/production well drilling campaign at the 5-claim block Hombre Muerto North Lithium Project Salta, Argentina. This Phase One program will include the drilling of three wells: two at Alba Sabrina and one at Natalia Maria . Notably, each well will be fitted with screen filters and blind casing. Upon [...]
Highlights 1,583,100 tonnes Lithium Carbonate Equivalent 90% of Resource in Measured Category Average Grade 736 mg/L Li Low Magnesium to Lithium Ratio of 3.27 Lithium South Development Corp. reports: With the completion of a 10-hole resource expansion drill program, and evaluation of the results by Groundwater Insight Inc. of Halifax, Nova Scotia, Canada, the Company is pleased to announce a 175% increase in the total [...]
Lithium South Development Corp. , is pleased to announce it has formalized a contract with Well Drilling of Salta, Argentina, for the provision of a two-phase program of up to six production/pumping wells for the Hombre Muerto North Lithium Project , located in Salta Province, Argentina. Phase One will locate Wells P1 and P2 on the Alba Sabrina claim block, and well P3 on the Natalia Maria claim block. Phase Two will site [...]
Lithium South Development Corp. , is pleased to announce it has contracted Well Drilling of Salta, Argentina, for the provision of three pumping wells for the HMN LI Project. The program is expected to be undertaken in the immediate future with rig availability in August. After recent completion of the highly successful resource expansion program at the project, management are fast tracking the development path. Two [...]
+4500,00 %
-94,74 %
