Lithium Exploration Buys Option on Five Mining Concessions in Argentina
Lithium Exploration has purchased 60% possession of the five mining areas in the Salta province, northwest Argentina.
The five areas (cateos), 104,765 acres in total, are situated on the western border of the two salt lakes (salars) in the area, Salar de Rio Grande and Salar de Arizaro. So far, the properties are not explored to their full potential, but it has identified the presence of computable levels of both lithium and potassium in the surface water.
The locations of all the five properties are in the Puna plateau, which is a lithium-rich, high-altitude basin on the eastern slopes of the Andes that spans the Argentina-Chile boundary. The region is around 75km south of the Salar de Atacama and 100km northwest of the Salar de Hombre Muerto. These two salt lake regions vigorously yield lithium resources.
The company is thrilled about the opportunity given to explore these five cateos that possess chief deposits of lithium in the globe. It has previously finished the NI 43-101 complaint technical report, which incorporates surface water tests and a lay out for assets exploration.
Written by
Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.
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