Lithium South Development Corporation Stock Price, News & Analysis

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.

Lithium South Development Corporation (TSX-V: LIS, OTCQB: LISMF) has outlined its accomplishments for 2022 and set goals for 2023. Highlights include the completion of the purchase agreement for the Hombre Muerto North Lithium Project, concluding an Environmental Baseline Study, and initiating a resource expansion drilling program, currently revealing lithium values exceeding 700 mg/L. For 2023, the company aims to finalize its drilling program, produce Lithium Carbonate Battery Grade, and commence a Feasibility Study. Project development continues alongside key environmental and resource assessments.

Lithium South Development Corporation (TSX-V: LIS) (OTCQB: LISMF) announced ongoing drill results from the Hombre Muerto North Lithium Project in Salta Province, Argentina. The resource expansion drill program includes seven core holes, revealing a wider salar channel than initially expected. Notable findings from Hole AS05 include a lithium brine zone of 185 meters with assays showing lithium concentrations of 434 mg/L, 725 mg/L, and 701 mg/L. The drill program aims to expand the known resource, with the company optimistic about the results impacting overall resource estimates positively.

Lithium South Development Corporation has released promising drilling results from its Hombre Muerto North Lithium Project in Argentina. Hole AS01 showed an average lithium concentration of 722 mg/L over a 240 m zone, while Hole AS03 reported an average of 751 mg/L over a 140 m zone. The ongoing drilling campaign now includes four wells, with two rigs on site. Preliminary results support the expansion of the lithium resource. The project is adjacent to a significant lithium mine being developed by POSCO, enhancing its strategic importance in the lithium industry.

Lithium South Development Corporation (LISMF) announced progress on its drilling campaign at the Hombre Muerto North Lithium Project in Argentina. Two rigs are operational, focusing on the Alba Sabrina claim block, a 2,089-hectare area. Drilling is on schedule, with three holes identified (AS01, AS02, AS03). Hole AS01 reached 270 meters, showing promising assay results. The project, adjacent to a US$840 million lithium mine, aims to expand its resource base. A Preliminary Economic Assessment was completed in April 2019. The company plans to continue drilling to basement rock.

Lithium South Development Corporation has commenced a resource expansion drill program at the Hombre Muerto North Lithium Project in Salta, Argentina. The drill program will cover 2,000 meters on the Alba Sabrina claim block, which spans 2,089 hectares, as part of a larger 5,687-hectare project. A recent TEM Study indicated a halite aquifer roughly 75 meters deep. The company's drilling aims to reach basement rock up to 700 meters deep. Lithium South is also assessing traditional evaporation and Direct Lithium Extraction methods for resource development.

Lithium South Development Corporation (TSX-V: LIS, OTCQB: LISMF) announced the finalization of the Environmental Baseline Study for the Hombre Muerto North Lithium Project in Salta, Argentina. The field survey, conducted by E&C Consultores, encompassed data collection on flora, fauna, hydrology, and climate and will support the final Environmental Report due by the end of March. This study is crucial for the future lithium production facility. Additionally, the company is planning a 2,000-meter drill program and advanced test work on lithium extraction methods.

Lithium South Development Corporation (TSX-V: LIS, OTCQB: LISMF) has announced the completion of road access and drill pads at the HMN Li Project in Salta Province, Argentina, preparing for a significant 2,000-meter drill program. Three drill holes will be executed across three pads, spaced 2.5 km apart, with the largest claim block, Alba Sabrina (2,089 hectares), remaining untested. The company is concurrently assessing lithium recovery methods, including traditional evaporation and Direct Lithium Extraction (DLE), progressing with bulk brine samples tested in California and China.