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 Inc., both industry leading independent [...]
USA News Group Commentary USA News Group - Giants of the auto industry have notably began sending senior executives to mingle with mining experts at events such as the BMO Global Metals & Mining Conference signalling an increasing importance to secure materials to make their cars. The reality is that there's a critical battery metals shortage looming, causing executives from car producers such as Tesla Inc. and Ford Motor [...]
Lithium South Development Corp. is pleased to announce significant progress at 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 HMN Li Project package and a key component of the corporation's lithium development efforts. Recent efforts at Well [...]
Lithium South Development Corp. is pleased to announce the successful completion of a series of advanced test work aimed at exploring alternative lithium production methods, to potentially enhance the value of its Hombre Muerto Norte project in Argentina. Approximately 20,000 liters of representative brine samples from the Tramo well underwent evaporation and liming testwork at the Hombre Muerto North site. Further [...]
Lithium South Development Corp. , Lithium South is pleased to announce the commencement of development activities for pumping well PW23-AS-02, located within the Alba Sabrina tenement. The Alba Sabrina claim is the largest of the five, salar located claim blocks which total 3,287-hectares of the 5,687-hectare Hombre Muerto North Lithium Project package. Pumping well PW23-AS-02 has been completed to 400 meters of depth and [...]
Lithium South Development Corp. Lithium South Development is pleased to announce the completion of the first pumping well at the 2,089-hectare Alba Sabrina claim block located in Salta Province, Argentina. The Alba Sabrina claim is the largest of the five, salar located claim blocks which total 3,287-hectares of the 5,687-hectare Hombre Muerto North Lithium Project package. Pumping well PW23-AS-02 has been completed to [...]
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 [...]