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Lithium South Development Corporation - LISMF STOCK NEWS

Welcome to our dedicated news page for Lithium South Development Corporation (Ticker: LISMF), a resource for investors and traders seeking the latest updates and insights on Lithium South Development Corporation.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Lithium South Development Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Lithium South Development Corporation's position in the market.

Rhea-AI Summary
Lithium South Development announces significant progress at Well PW23-AS-02 on its Hombre Muerto North Lithium Project. The company successfully cleared the well of sediment, leading to the flow of clear brine with strong artesian characteristics, indicating potential for enhanced brine extraction rates. An 80-kilowatt pump has been contracted to maximize these benefits.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.17%
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Rhea-AI Summary
Lithium South Development announces successful completion of advanced lithium production test work in Argentina, showcasing potential for high-value products.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.5%
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Rhea-AI Summary
Lithium South Development announces the commencement of development activities for pumping well PW23-AS-02, showing promising signs for brine production potential.
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Rhea-AI Sentiment
End-of-Day
-1.98%
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Rhea-AI Summary
Lithium South Development Corporation announces successful completion of the first pumping well at Alba Sabrina claim block in Argentina. Test results show promising porosity and yield levels, indicating potential for high brine production.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.38%
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Rhea-AI Summary
Lithium South Development Corporation announces positive results from the independent Preliminary Economic Assessment (PEA) for its Hombre Muerto North Lithium Project, with an after-tax NPV of US$934 million and an IRR of 31.6%. The PEA is based on a 25-year mine life, producing 15,600 tonnes of lithium carbonate per year using solar evaporation technology.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.27%
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Rhea-AI Summary
Lithium South Development Corporation provides an update on the ongoing development of the HMN Li Project in Salta Province, Argentina. The Alba Sabrina Production Well One has been drilled to 340 meters depth and is nearing the target depth of 400 meters. The Preliminary Economic Assessment (PEA) is nearing completion, with an Initial Design Capacity of 15,000 tonnes per year Lithium Carbonate Equivalent.
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Rhea-AI Sentiment
End-of-Day
-7.34%
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Rhea-AI Summary
Lithium South Development Corporation (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) signs a landmark agreement with POSCO Argentina SAU, a subsidiary of Pohang Iron and Steel Company, to develop the Hombre North Lithium Project in Argentina. The agreement resolves a historical provincial title issue and allows both companies to access the potential brine in the area. The project spans 3,287 hectares and includes five key claim blocks. The partnership aims to advance lithium extraction and sustainable energy solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.14%
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Rhea-AI Summary
Lithium South Development Corporation reports a 175% increase in lithium resource at its Hombre Muerto North Lithium Project. The updated mineral resource estimate shows a total of 1,583,200 tonnes of Lithium Carbonate Equivalent (LCE) with an average grade of 736 mg/L Li. The resource has a low magnesium to lithium ratio and 90% of it is classified as Measured. The company also expects to achieve a 40% increase in lithium recovery to 70% through an adjusted processing sequence.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
16.29%
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Rhea-AI Summary
Lithium South Development Corporation installs first production well at HMN Li Project in Argentina. Pump test to begin soon. RFQ issued for exploration of Sophia II and Sophia III claim blocks to confirm water source for lithium production.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.6%
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Rhea-AI Summary
Lithium South Development Corporation has selected Knight Piésold Consulting and JDS Energy & Mining to prepare an updated National Instrument 43-101 Preliminary Economic Assessment (PEA) on its Hombre Muerto North Lithium Project in Argentina. The report will consider the upgraded resource of 1.58 million tonnes Lithium Carbonate Equivalent (LCE) and current market conditions. The Company aims to optimize lithium recovery from 50% to approximately 70%.
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Rhea-AI Sentiment
End-of-Day
1.12%
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Lithium South Development Corporation

OTC:LISMF

LISMF Rankings

LISMF Stock Data

36.14M
88.39M
8.81%
0%
Dimension Stone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
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Canada
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