Argentina Lithium has recently announced that it has successfully completed the early exercise of its property option agreements at its Rincon West and Antofalla North projects, located in Salta Province of Argentina.
The company has obtained 100% interest on its exploration properties, including all permit applications, which provides the opportunity for a seamless transition to a production or commercial operation.
The company plans to use the two projects in its major expansion plans as the battery market is increasing rapidly, driven largely by the demands for electric vehicles, green energy storage, and digital communications. There is also a significant amount of exploration left to be done on the two sites before any such expansion can take place.
The Rincon West project is located approximately 300 km north of the Argentine capital, Buenos Aires. It is in an area that has experienced active exploration for well over a decade, with the highest grade of lithium minerals being found near the project.
Antofalla North also has high-grade lithium potential. It is located in the Antofalla Region and is about 500 km north of Buenos Aires. Exploration work has revealed active lithium bearing targets in the region.
The exercise of these property option agreements is a major step forward for Argentina Lithium. The company has already completed a Preliminary Economic Assessment (PEA) on the two projects and has started the exploration stage. The development of the two projects could bring significant job growth to the region.
Argentina Lithium is a mineral exploration and development company focused on the exploration and development of lithium projects in Argentina. The company has a portfolio of five lithium resources in the Salar de Hombre Muerto and Salar De Rincon, two lithium rich salt flats located in the Central Andes Mountains of northwestern Argentina. The company is committed to sustainable practices, community investment and responsible land use and is excited to continue to grow in this rapidly expanding industry.
Argentina Lithium has recently announced that it has successfully completed the early exercise of its property option agreements at its Rincon West and Antofalla North projects, located in Salta Province of Argentina.
The company has obtained 100% interest on its exploration properties, including all permit applications, which provides the opportunity for a seamless transition to a production or commercial operation.
The company plans to use the two projects in its major expansion plans as the battery market is increasing rapidly, driven largely by the demands for electric vehicles, green energy storage, and digital communications. There is also a significant amount of exploration left to be done on the two sites before any such expansion can take place.
The Rincon West project is located approximately 300 km north of the Argentine capital, Buenos Aires. It is in an area that has experienced active exploration for well over a decade, with the highest grade of lithium minerals being found near the project.
Antofalla North also has high-grade lithium potential. It is located in the Antofalla Region and is about 500 km north of Buenos Aires. Exploration work has revealed active lithium bearing targets in the region.
The exercise of these property option agreements is a major step forward for Argentina Lithium. The company has already completed a Preliminary Economic Assessment (PEA) on the two projects and has started the exploration stage. The development of the two projects could bring significant job growth to the region.
Argentina Lithium is a mineral exploration and development company focused on the exploration and development of lithium projects in Argentina. The company has a portfolio of five lithium resources in the Salar de Hombre Muerto and Salar De Rincon, two lithium rich salt flats located in the Central Andes Mountains of northwestern Argentina. The company is committed to sustainable practices, community investment and responsible land use and is excited to continue to grow in this rapidly expanding industry.
