OTCQB:LISMF

Lithium South Announces PEA Estimate US$934 Million Dollar NPV with an IRR of 31.6% and a 2.5 year Payback for HMN Lithium Project

Retrieved on: 
Montag, März 4, 2024

VANCOUVER, BC, March 4, 2024 /PRNewswire/ -- Lithium South Development Corporation (the "Company" or "Lithium South") (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) is pleased to announce positive results from an independent Preliminary Economic Assessment ("PEA") for its Hombre Muerto North Lithium Project ("HMN Lithium Project") near Salta, Argentina. The PEA was prepared by Knight Piésold Consulting ("KP") and JDS Energy and Mining ("JDS"), both of Vancouver, in accordance with the standards set out in National Instrument 43-101 Standards of disclosure for Mineral Projects ("NI 43-101"), and CIM's Best Practice Guidelines for Mineral Processing ("BPGMP").

Key Points: 
  • Company President and CEO, Adrian F. C. Hobkirk is quoted, "We are very pleased that Lithium South has advanced the HMN Lithium Project to a PEA based on 15,600 tonnes per year lithium carbonate technical grade production.
  • The PEA results highlight attractive economics associated with the project, including a short payback and exceptional Internal Rate of Return.
  • We look forward to taking the HMN Lithium Project to the next stage of development as quickly as possible."
  • The report has an updated lithium recovery process for the HMN Lithium Project brine, which uses industry proven evaporation.

Lithium South Pumping/Production Well Drilling Update

Retrieved on: 
Donnerstag, Januar 18, 2024

VANCOUVER, B.C., Jan. 18, 2024 /PRNewswire/ -- Lithium South Development Corporation (the "Company") (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) 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.

Key Points: 
  • VANCOUVER, B.C., Jan. 18, 2024 /PRNewswire/ -- Lithium South Development Corporation (the "Company") (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) 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.
  • Alba Sabrina Production Well One (ASPW1) has been drilled to 340 meters depth and is nearing the target depth of 400 meters.
  • A technical review is underway to determine the optimal location for further pumping wells on the Alba Sabrina claim block.
  • The PEA will have an Initial Design Capacity of 15,000 tonnes per year Lithium Carbonate Equivalent.

Lithium South Pumping/Production Well Drilling Update

Retrieved on: 
Donnerstag, Januar 18, 2024

VANCOUVER, B.C., Jan. 18, 2024 /PRNewswire/ -- Lithium South Development Corporation (the "Company") (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) 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.

Key Points: 
  • VANCOUVER, B.C., Jan. 18, 2024 /PRNewswire/ -- Lithium South Development Corporation (the "Company") (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) 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.
  • Alba Sabrina Production Well One (ASPW1) has been drilled to 340 meters depth and is nearing the target depth of 400 meters.
  • A technical review is underway to determine the optimal location for further pumping wells on the Alba Sabrina claim block.
  • The PEA will have an Initial Design Capacity of 15,000 tonnes per year Lithium Carbonate Equivalent.

Surging Lithium Demand and Production Set to Boost Argentina Ahead of Chile and Australia by 2027

Retrieved on: 
Mittwoch, Januar 17, 2024

VANCOUVER, BC, Jan. 17, 2024 /PRNewswire/ -- USA News Group - Argentina's lithium industry is kicking off 2024 with a bang, as a new report from the Rosario Stock Exchange (RSE) 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 in Argentina aims to be 50%". The report points to Argentina's boom of important projects underway in the medium-term, compared to Australia and Chile's "smaller and more uncertain number of projects". Among the lithium miners garnering the most attention in Argentina at the moment includes Lithium South Development Corporation (TSXV:LIS) (OTCQB:LISMF), POSCO Holdings Inc. (NYSE:PKX), Lithium Americas (Argentina) Corp. (NYSE:LAAC) (TSX:LAAC), Arcadium Lithium plc (NYSE:LTHM), and Rio Tinto Group (NYSE:RIO).

Key Points: 
  • 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 in Argentina aims to be 50%".
  • Among the lithium miners garnering the most attention in Argentina at the moment includes Lithium South Development Corporation (TSXV:LIS) (OTCQB:LISMF), POSCO Holdings Inc. (NYSE:PKX), Lithium Americas (Argentina) Corp. (NYSE:LAAC) (TSX:LAAC), Arcadium Lithium plc (NYSE:LTHM), and Rio Tinto Group (NYSE:RIO).
  • "We are immensely pleased to join forces with POSCO, a leader in lithium and steel production," said Adrian F.C.
  • The HMN Li Project is moving ahead quickly for Lithium South and the company is transitioning from a lithium explorer into a lithium developer.

Surging Lithium Demand and Production Set to Boost Argentina Ahead of Chile and Australia by 2027

Retrieved on: 
Mittwoch, Januar 17, 2024

VANCOUVER, BC, Jan. 17, 2024 /PRNewswire/ -- USA News Group - Argentina's lithium industry is kicking off 2024 with a bang, as a new report from the Rosario Stock Exchange (RSE) 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 in Argentina aims to be 50%". The report points to Argentina's boom of important projects underway in the medium-term, compared to Australia and Chile's "smaller and more uncertain number of projects". Among the lithium miners garnering the most attention in Argentina at the moment includes Lithium South Development Corporation (TSXV:LIS) (OTCQB:LISMF), POSCO Holdings Inc. (NYSE:PKX), Lithium Americas (Argentina) Corp. (NYSE:LAAC) (TSX:LAAC), Arcadium Lithium plc (NYSE:LTHM), and Rio Tinto Group (NYSE:RIO).

Key Points: 
  • 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 in Argentina aims to be 50%".
  • Among the lithium miners garnering the most attention in Argentina at the moment includes Lithium South Development Corporation (TSXV:LIS) (OTCQB:LISMF), POSCO Holdings Inc. (NYSE:PKX), Lithium Americas (Argentina) Corp. (NYSE:LAAC) (TSX:LAAC), Arcadium Lithium plc (NYSE:LTHM), and Rio Tinto Group (NYSE:RIO).
  • "We are immensely pleased to join forces with POSCO, a leader in lithium and steel production," said Adrian F.C.
  • The HMN Li Project is moving ahead quickly for Lithium South and the company is transitioning from a lithium explorer into a lithium developer.

Lithium South Announces Cooperative Development Agreement with POSCO Argentina SAU on HMN Li Project

Retrieved on: 
Donnerstag, Januar 11, 2024

VANCOUVER, B.C., Jan. 11, 2024 /PRNewswire/ -- Lithium South Development Corporation (the "Company") (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) 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 (POSCO).

Key Points: 
  • VANCOUVER, B.C., Jan. 11, 2024 /PRNewswire/ -- Lithium South Development Corporation (the "Company") (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) 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 (POSCO).
  • 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 Lithium Project (HMN Li Project), located in Salta Province, Argentina.
  • Preliminary data suggest that the Norma Edith and Viamonte area holds significant potential to bolster the scope of the HMN Li Project.
  • Together, we're paving the way for rapid advancement in lithium extraction and sustainable energy solutions."

Lithium South Announces Cooperative Development Agreement with POSCO Argentina SAU on HMN Li Project

Retrieved on: 
Donnerstag, Januar 11, 2024

VANCOUVER, B.C., Jan. 11, 2024 /PRNewswire/ -- Lithium South Development Corporation (the "Company") (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) 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 (POSCO).

Key Points: 
  • VANCOUVER, B.C., Jan. 11, 2024 /PRNewswire/ -- Lithium South Development Corporation (the "Company") (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) 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 (POSCO).
  • 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 Lithium Project (HMN Li Project), located in Salta Province, Argentina.
  • Preliminary data suggest that the Norma Edith and Viamonte area holds significant potential to bolster the scope of the HMN Li Project.
  • Together, we're paving the way for rapid advancement in lithium extraction and sustainable energy solutions."

Lithium South Files LCE Resource NI 43-101 Technical Report

Retrieved on: 
Montag, November 6, 2023

VANCOUVER, BC, Nov. 6, 2023 /PRNewswire/ -- Lithium South Development Corporation (the "Company") (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) 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, Peter Ehren, M.Sc, MAusIMM, September 5th, 2023. The report was prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects, on behalf of the Company by independent consultants Groundwater Insight of Halifax, Nova Scotia, Canada. The report details the recently upgraded lithium resource located at the Company's flagship project, the Hombre Muerto North Lithium Project (HMN Li Project).  The LCE Resource NI 43-101 Technical Report is available on the Company website at www.lithiumsouth.com/wp-content/uploads/2023-technical-report-NI43-101.pdf.

Key Points: 
  • VANCOUVER, BC, Nov. 6, 2023 /PRNewswire/ -- Lithium South Development Corporation (the "Company") (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) 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, Peter Ehren, M.Sc, MAusIMM, September 5th, 2023.
  • The report details the recently upgraded lithium resource located at the Company's flagship project, the Hombre Muerto North Lithium Project (HMN Li Project).
  • The LCE Resource NI 43-101 Technical Report is available on the Company website at www.lithiumsouth.com/wp-content/uploads/2023-technical-report-NI43-101.pdf .
  • The Resource has a low magnesium (contaminant) to lithium ratio of 3.27; and 90% of the Resource in the Measured category (highest resource classification).

Lithium South Files LCE Resource NI 43-101 Technical Report

Retrieved on: 
Montag, November 6, 2023

VANCOUVER, BC, Nov. 6, 2023 /PRNewswire/ -- Lithium South Development Corporation (the "Company") (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) 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, Peter Ehren, M.Sc, MAusIMM, September 5th, 2023. The report was prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects, on behalf of the Company by independent consultants Groundwater Insight of Halifax, Nova Scotia, Canada. The report details the recently upgraded lithium resource located at the Company's flagship project, the Hombre Muerto North Lithium Project (HMN Li Project).  The LCE Resource NI 43-101 Technical Report is available on the Company website at www.lithiumsouth.com/wp-content/uploads/2023-technical-report-NI43-101.pdf.

Key Points: 
  • VANCOUVER, BC, Nov. 6, 2023 /PRNewswire/ -- Lithium South Development Corporation (the "Company") (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) 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, Peter Ehren, M.Sc, MAusIMM, September 5th, 2023.
  • The report details the recently upgraded lithium resource located at the Company's flagship project, the Hombre Muerto North Lithium Project (HMN Li Project).
  • The LCE Resource NI 43-101 Technical Report is available on the Company website at www.lithiumsouth.com/wp-content/uploads/2023-technical-report-NI43-101.pdf .
  • The Resource has a low magnesium (contaminant) to lithium ratio of 3.27; and 90% of the Resource in the Measured category (highest resource classification).

First Production Well Installed at HMN Li Project

Retrieved on: 
Mittwoch, Oktober 25, 2023

VANCOUVER, BC, Oct. 25, 2023 /PRNewswire/ -- Lithium South Development Corporation (the "Company") (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) is pleased to report that the first production well at the HMN Li Project, located in Salta Province, Argentina, has been installed.

Key Points: 
  • VANCOUVER, BC, Oct. 25, 2023 /PRNewswire/ -- Lithium South Development Corporation (the "Company") (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) 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.
  • The Company is issuing a Request for Quotation (RFQ) for the exploration of the Sophia II and Sophia III claim blocks.
  • Located approximately 10 kilometers north of the HMN Li Project area, the claim group is in close proximity to any future lithium production development.