Welcome to our dedicated page for Lithium South Development Corporation news (Ticker: LISMF), a resource for investors and traders seeking the latest updates and insights on Lithium South Development Corporation stock.
Lithium South Development Corporation (LISMF) generates news primarily through developments at its 100% owned Hombre Muerto North Lithium Project (HMN Li Project) in Argentina and through corporate transactions involving that asset. Company updates describe exploration and project development activities on the Salar del Hombre Muerto in the Salta and Catamarca Provinces, including resource work, technical studies, and environmental permitting steps.
News coverage includes announcements on NI 43-101 compliant resource estimates, the publication of a Preliminary Economic Assessment, and the advancement of the HMN Li Project toward a Feasibility Study. Lithium South has reported operating pilot evaporation ponds, harvesting bulk brine samples for process validation, and progressing its Environmental Impact Assessment with the Mining Secretariat of Salta Province. These items appear in news releases that detail technical work programs and regulatory interactions.
A significant portion of recent news focuses on strategic funding and transaction initiatives. Lithium South has announced a Letter of Intent with a private European party for potential development funding and project-level participation. More recently, the company has reported a non-binding Letter of Intent, due diligence milestones, and a Share Purchase Agreement with POSCO Argentina S.A.U. for the sale of NRG Metals Argentina S.A., the subsidiary that holds the HMN Li Project and related claims, for an agreed cash price of US$65 million before taxes and closing costs.
Investors following LISMF news can expect updates on the status of the proposed transaction with POSCO Argentina S.A.U., including shareholder meeting details, court and exchange approvals, and timing of closing. Additional news items may address share redemption plans, warrant and option considerations tied to the transaction, and any remaining project-level technical or regulatory milestones. This page provides a centralized view of such disclosures for those tracking Lithium South’s corporate and project evolution.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Lithium South Development Corporation (LISMF) has reported significant lithium findings at the Natalia Maria claim block within the Hombre Muerto North Lithium Project, Argentina. Exploration corehole NM01 yielded an average lithium grade of 1176 mg/L with a low magnesium to lithium ratio of 2.66. Results from seven holes across the Alba Sabrina and Natalia Maria blocks indicate strong potential for enhancing the existing lithium resource. The company is conducting hydraulic testing to evaluate area permeability and future well flow. Groundwater Insight will guide the resource estimation process, as Lithium South moves towards becoming a lithium developer. The Hombre Muerto region has over 25 years of lithium production history, underscoring the project's strategic position.
Lithium South Development Corporation (TSX-V: LIS, OTCQB: LISMF) announced significant progress in lithium exploration with the completion of drilling at the Alba Sabrina claim block. The seventh exploration hole, AS07, confirmed brine presence at a depth of 152 meters. Ongoing drilling at the Natalia Maria block has reached 375 meters depth, intersecting brine-bearing sediments. The drilling program delineated a brine sub-basin measuring 1.2 km by 7.6 km, enhancing resource estimates. Alex Stewart Laboratories will analyze samples. The company aims to enhance shareholder value through continued exploration and resource estimation.
Lithium South Development Corporation announced significant drill results from its HMN Li Project in Salta, Argentina. The latest updates include:
- Hole AS03: 663 mg/L Li average, 320 to 752 mg/L Li range.
- Hole AS05: 705 mg/L Li average, 434 to 792 mg/L Li range.
- Hole AS06: 644 mg/L Li average, 525 to 710 mg/L Li range.
The drilling has defined a sub-basin approximately 1.2 km wide by 7.6 km long, with notable brine thicknesses. An updated resource estimate will follow the completion of drilling at the Natalia Maria claim. Company President Adrian Hobkirk expressed satisfaction with the exploration results, anticipating an upgraded lithium resource.
Lithium South Development Corporation announced high-grade lithium results from its drilling campaign at the Hombre Muerto North Lithium Project in Argentina. Hole AS02, drilled to 410 meters, shows lithium concentrations from six samples, with the first four returning values of 569 mg/L to 708 mg/L. The drilling established a deeper portion of the brine basin, confirming the presence of brine from 0 to 405 meters. The project is progressing towards resource expansion, with pending results from additional holes. The Company's President emphasized the potential for significant resource expansion and the positive assay results.
Lithium South Development Corporation (TSX-V: LIS, OTCQB: LISMF) announced results from its drill campaign at the Hombre Muerto North Lithium Project in Salta Province, Argentina. The final core well, AS02, reached a depth of 410 meters, uncovering significant brine resources deeper than previous findings. Samples were taken from six depths and sent for analysis to Mendoza, Argentina. The drill program aims to expand existing lithium resources, supported by preliminary results. The HMN Li Project is strategically located near major lithium operations, enhancing its potential value.