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Argentina Lithium & Energy Corp V.LIT

Alternate Symbol(s):  LILIF

Argentina Lithium & Energy Corp. is a Canada-based natural resource company. The Company is focused on acquiring lithium projects in Argentina. The Company explores, develops and advances its four key projects covering over 67,000 hectares (ha) in the Lithium Triangle of Argentina. The Company’s projects include Incahuasi Lithium Project, Antofalla North Lithium Project, Rincon West Project and Pocitos Project. The Incahuasi Project includes a 100% interest in over 25,000 ha of granted mineral rights properties in the Incahuasi Salar and basin in Catamarca Province, Argentina. The Antofalla North Project covers about 10,839 ha, including wholly owned and optioned claims. The Rincon West Project includes mining concessions covering over 5000 ha at the Rincon Salar. The Pocitos Salar Project includes over 26,000 ha of properties subject to four option agreements. The Pocitos Salar is located approximately 100 kilometers west of the town of San Antonio de los Cobres.


TSXV:LIT - Post by User

Post by SelfMadeon Oct 27, 2017 1:35am
136 Views
Post# 26866575

To help put things into perspective

To help put things into perspective Conhidro has concluded that the VES results, as well as the geologic and geomorphologic setting, climatic conditions, and hydrogeological environment at Arizaro, when compared with other well-studied salars, including Hombre Muerto, Rincon, Antofalla, Llullaillaco and Rio Grande, indicate that there is a high probability of finding brines at depth with high densities of 1,210 grams per litre to 1,225 grams per litre and conductivities higher than 200 microsiemens per centimetre. The VES results successfully identified clear targets for an initial drill campaign. Three to four holes up to 400 metres in depth are planned to test these targets. To date, the geophysical results have not defined the basement of the salar.
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