Thursday, April 8, 2021
9:26 AM EST – Lithium South Development Corporation : Reported the initiation of a bulk brine sample program at the Hombre Muerto North Lithium Project (HMN Li Project), located in Salta Province , Argentina . The sample program will be completed under the supervision of William Feyerabend , a Consulting Geologist and Qualified Person to the Company. A 6,000-liter sample will be obtained for shipment to China , and North America for Direct Lithium Extraction test work. The project has two pumping wells currently installed on the Tramo Claim, which contains a NI 43-101 lithium carbonate equivalent resource as defined in a Preliminary Economic Assessment filed August 2019 , and available at the Company website. The brine will be accessed through well number one, and after a 12-hour pump out, the sample will be taken. A 2,000-liter bulk brine sample will be received in Chengdu China , by Chemphys for further testing of their XFP DLE process. The remainder of the sample will be used for test work in Salta, Argentina and North America , further details to be provided. Lithium South Development Corporation (V.LIS) shares were unchanged at 1.03.
Stocks in Play: Lithium South Development Corporation, Thu, 08 Apr 2021 09:30:02 EST