Lithium South POSCO Transaction Lithium South Development Corp. is pleased to announce that it has been advised by POSCO Argentina S.A.U. that the proposed acquisition of the Hombre Muerto North Lithium Project via the purchase of NRG Metals Argentina S.A. has been fully approved and the investment has been scheduled. Funds have been allocated to POSCO Argentina S.A.U. for completion of the transaction. The two companies [...]
Lithium South Development is providing an update to its news release of July 30, 2025 and August 7, 2025 regarding the sale of the Hombre Muerto North Lithium Project property package to POSCO Argentina SAU, which is the 100-per-cent owned Argentine subsidiary of POSCO Holdings, referred to as the Transaction. Due Diligence by POSCO Argentina S.A.U. has now been substantially completed with several minor items remaining [...]
Lithium South Development is providing an update to it's news release of July 30, 2025 regarding the sale of the Hombre Muerto North Lithium Project property package to POSCO Argentina SAU, which is the 100-per-cent-owned Argentine subsidiary of POSCO Holdings Inc. Management is providing an update regarding the milestones to be achieved and the timing of the proposed transaction. As per the July 30, 2025 press release [...]
Lithium South Development is announcing that on July 22, 2025, in Salta, Argentina, it entered into a Letter of Intent, for the purchase of the 100 % owned Hombre Muerto North Lithium Project, the 100% owned Sophia 1, 2 and 3 concessions and the Hydra X and Hydra XI concessions which are under a Purchase Option. The combined concession groups are collectively referred to as the "Project" and are being sold for a cash [...]
Lithium South Development is pleased to announce the appointment of Claudio C. Zalewski as Director of Development & Construction for the Hombre Muerto North Lithium Project in Argentina's Salta basin. Based in Salta, Mr. Zalewski is a bilingual civil engineer with more than forty years of project-delivery experience, including: Project Director - Pastos Grandes Lithium Project Engineering & Home-Office Construction [...]
Lithium South is pleased to announce it has received a response from the Mining Secretariat of Salta Province, Argentina, regarding the Environmental Impact Assessment for the Hombre Muerto North Lithium Project, filed in Sept 2024. The Company is now completing a response back to the Mining Secretariat to obtain final approval. The E.I.A is an important part of the further development of the HMN Li Project as it will [...]
Lithium South Development is pleased to announce the signing of a Letter of Intent for the cooperative development of the Hombre Muerto North Lithium Project. Letter of Intent The Company and a non-related party which will remain confidential until the completion of a Definitive Agreement, have entered into an LOI for the development and financing of the HMN Li Project. The Party is a private European corporation with [...]
Lithium South Development is pleased to provide an update regarding progress at the 100% owned Hombre Muerto North Lithium Project. Bulk Sample of Concentrated Lithium Brine On site, 10 pilot evaporation ponds have been concentrating since Dec 2022. The technical team are now harvesting the concentrated brine for removal to Salta. The process will involve the use of Geotanks for each sample of interest, with approximately [...]
Lithium South Development is pleased to announce the successful completion of Phase I of the Environmental Baseline Study for the Hombre Muerto North Lithium Project. The report was completed by Knight Piesold Consulting, a global engineering firm. The evaluation has taken 18 months and represents an important step for moving the project towards development. The report presents comprehensive data pertaining to hydrology [...]
Lithium South Development Corp. is pleased to provide an update regarding test work, on site development work, and business developments. Lithium Iron Phosphate Test Work The Company is pleased to report the laboratory scale production of Lithium Iron Phosphate directly from concentrated brine obtained from its Hombre Muerto North Lithium Project , located in Salta Province, Argentina. Test work was undertaken in [...]
Lithium South Development Corp. is pleased to update progress at Pumping Well PW23-AS-02 on its flagship Hombre Muerto North Lithium Project , which is the first pumping well to be located at the Alba Sabrina claim block. Spanning 2,089 hectares, Alba Sabrina is the largest claim block in the 5 claim salar located HMN Li package and a key component of the corporation's lithium development efforts. Well PW23-AS-02 is [...]
VANCOUVER, B.C. , April 30, 2024 /CNW/ -- Lithium South Development Corp. is pleased to announce it has today filed on SEDAR plus, its Preliminary Economic Assessment following the summary results previously announced March 03, 2024. The report titled, N.I. 43-101 Preliminary Economic Assessment Hombre Muerto North Lithium Project, Salta, Argentina, was completed by Knight Piesold Consulting and JDS Energy and Mining [...]