HMN Li Project (LISMF) has announced the successful installation of its first production well. Located in Salta Province, Argentina, the well has reached a depth of 60 meters and is now undergoing casing and screening. A pump test will commence immediately after hole development. The depth of the hole was determined by lithological history and on-site drilling observations.
Request for Quotation Issued
The Company has issued a Request for Quotation (RFQ) for the exploration of Sophia II and Sophia III claim blocks. The RFQ aims to drill one or two test wells to confirm a sustainable water source, a critical reagent for lithium carbonate production. The claim group, located approximately 10 kilometers north of the HMN Li Project area, is conveniently close to future lithium production development.
About Lithium South
Lithium South (LIS) owns the HMN Li Project, located in the heart of the lithium triangle in Argentina. The project is surrounded by a US$4 billion lithium development under construction by POSCO (Korea) and the Sal de Vida Project under development by Livent/Allkem. As of September 12, 2023, LIS has delineated a NI 43-101 compliant 1,583,100 tonne Lithium Carbonate Equivalent (LCE) resource on three of five non-contiguous blocks that make up the HMN Li Project. A National Instrument 43-10Technical Report is under preparation and is expected to be filed by October 31, 2023. LIS is transitioning from a lithium explorer to a lithium developer.
Company Website: https://www.lithiumsouth.com
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