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Overview
Argentina Lithium & Energy Corp (LILIF) is a focused mineral exploration company dedicated to acquiring and advancing high-quality lithium projects in Argentina. Operating primarily in the world renowned Lithium Triangle, the company leverages advanced exploration methodologies and established industry expertise to tap into the growing demand for lithium, a key component in battery technology and energy storage systems.
Core Business & Operations
The company strategically acquires expansive land packages that host prospective lithium brine deposits, particularly in Salta Province. Its exploration programs include diamond drilling, rotary drilling, and systematic brine sampling, using methods such as single and double packer systems. These techniques allow the extraction of detailed geochemical data across key formations, ensuring an accurate interpretation of lithium concentrations within porous host lithologies. By continuously validating exploration models through rigorous sampling and advanced laboratory analyses, Argentina Lithium & Energy Corp remains committed to maintaining a high standard of operational excellence and data transparency.
Exploration Strategy & Differentiators
Argentina Lithium employs a multi-phased exploration strategy focused on both expanding its claim portfolio and validating resource models through successive drilling campaigns. The Company has secured significant exploratory permits and executed multiple drilling programs across its Rincon West and other key projects. Its technical findings, such as demonstrating extensive aquifers of concentrated lithium-rich brines, underscore the potential for scalable resource development. With a strategic investment from an established automotive subsidiary, the firm stands out by integrating financial stability with deep technical and geophysical insights, ensuring a robust approach to advancing its projects toward production.
Market Position & Industry Relevance
Positioned in the competitive landscape of junior resource stocks, Argentina Lithium & Energy Corp is distinguished by its dedicated focus on lithium—a critical commodity for the burgeoning battery sector. Its operations integrate cutting-edge drilling techniques with comprehensive geophysical and geochemical analyses, aligning the company with industry best practices. The company not only benefits from academic and technical expertise but also from longstanding relationships in the Argentine mining sector, built over decades of exploration and project development excellence. This blend of technical rigor and operational expertise makes the company a noteworthy entity within the resource exploration space.
Technical & Operational Excellence
Every exploration phase is characterized by rigorous adherence to quality control standards. The Company collaborates with independent laboratories certified under international standards (ISO 9001:2017 and ISO 17025:2017) to analyze brine samples using advanced techniques like Inductively Coupled Plasma Optical Emission Spectrometry (ICP-OES). Such methodological precision ensures that the data driving exploration decisions is of the highest quality. Detailed analyses of drill core, brine intervals, and supportive geophysical data weave together a comprehensive picture that supports robust resource modeling and subsequent development planning.
Corporate Heritage & Industry Expertise
As a member of the Grosso Group—a resource management collective with a pioneering role in Argentina's mining landscape since the early 1990s—Argentina Lithium benefits from decades of cumulative experience in the mining sector. The management team’s extensive track record in navigating regulatory environments and fostering community as well as government relations further reinforces the company's operational integrity and credibility in the resource industry.
Conclusion
Through its advanced exploration techniques, strategic acquisitions, and a deeply experienced management team, Argentina Lithium & Energy Corp is well positioned to continually uncover and develop lithium resources that are essential to global battery and energy markets. Its methodical approach to exploration combined with industry-specific expertise underpins a commitment to operational excellence and data transparency, ensuring that the company remains a vital player in the evolving landscape of lithium exploration.
Argentina Lithium and Energy (TSXV: LIT) (OTCQB: LILIF) has announced its participation in the upcoming Prospectors & Developers Association of Canada's (PDAC) Convention. The company will be exhibiting at Booth #2924 at the Metro Toronto Convention Centre from March 2-5, 2025.
Argentina Lithium & Energy Corp. (LILIF) has reported positive results from its fourteenth exploration well (RW-DDH-14) at the Rincon West Project in Salta Province, Argentina. The well produced lithium concentrations ranging from 277 to 379 mg/l across a 225-metre interval, collected through 16 brine samples.
The company is currently working on a resource model for the initial exploration area, which is adjacent to Rio Tinto's Rincon Project. The project covers 5198.8 hectares of the salar basin. Additional rotary wells are planned, pending permit approval, and the provincial ministry is reviewing drill permit applications for the eastern Don Fermin block.
The drilling program has consistently demonstrated mid-grade brines across all fourteen wells, validating the company's interpretation of conductive formations identified during geophysical targeting. A long-duration pump test is currently being completed at the sixth hole (RW-RT-01).
Argentina Lithium & Energy (TSXV: LIT) has applied to the TSX Venture Exchange to extend the term of 35,767,948 outstanding warrants from November 21, 2024 to November 21, 2027. These warrants were initially issued on November 21, 2022, as part of a private placement, with 573,000 warrants already exercised. The warrants' exercise price will remain at $0.40, with each warrant convertible into one common share. Of the remaining warrants, 30,305,000 are held by company insiders, constituting a related party transaction under MI 61-101.
Argentina Lithium & Energy has received a two-year exploration permit for the Paso de Sico mining concession at its Rincon West Project in Salta Province, Argentina. The company plans to initiate a six-hole diamond drilling program to evaluate lithium brine potential. The Paso de Sico property, consisting of 791.3 hectares, is strategically located adjacent to major highways and a 345 kW power corridor, making it suitable for potential future processing facilities. The company plans approximately 8000 metres of drilling throughout Rincon West over 18 months, funded by a prepaid drilling contract established in 2023.
Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTCQX: LILIF) reports positive results from the 13th exploration well at its Rincon West Project in Salta Province, Argentina. The well, RW-DDH-13, yielded lithium concentrations ranging from 269 to 340 mg/l over a 327-metre interval. The company is currently completing the 14th diamond drill hole and drilling a rotary well for pump tests.
The Rincon West Project covers 5198.8 hectares adjacent to Rio Tinto's Rincon Project. RW-DDH-13 is the fourth of a planned 6-hole program on the Rinconcita II property. The drilling intersected various formations, including mixed sediments, ignimbrite, sand, clay, and crystalline halite, with sandy units expected to be the most productive for lithium brine extraction.
Brine samples were analyzed by Alex Stewart International Argentina S.A., an ISO 9001:2017 certified laboratory. Quality control measures included blank, duplicate, and reference standard samples.
Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTCQX: LILIF) has fully exercised three option agreements for 100% interest in 22 optioned properties totaling 25,391 hectares at its Rincon West, Pocitos, and Antofalla North Projects. The company completed payments totaling US$6,650,000 to secure these highly prospective lithium properties in Argentina's Salta Province.
Key acquisitions include:
- 5,380.5 hectares at Antofalla Salar for US$4,000,000
- 18,248.5 hectares at Pocitos and Rincon Salars for US$4,200,000 and CA$700,000 in shares
- 1,762 hectares at Pocitos Salar for US$700,000
These acquisitions follow the investment from Stellantis and validate the company's initial exploration hypotheses. Production royalties remain on some properties.
Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTCQX: LILIF) has completed geophysical surveys at its Don Fermin property, part of the Rincon West lithium project in Salta Province, Argentina. The surveys have expanded the potential extent of conductive brine aquifers by nearly 600 hectares.
Key points:
- 24.2 line-kilometers of Transient Electromagnetic (TEM) sounding surveys were conducted
- Results provide targets for a new 6-hole drill program, currently in the permitting stage
- The property covers 1,456 hectares on the eastern flank of the Salar de Rincon
- TEM surveys identified highly conductive subsurface strata covering approximately 596 hectares
- The company plans to move towards drilling at Don Fermin to potentially define a second area for lithium resource delineation
Argentina Lithium & Energy Corp. (TSXV: LIT, FSE: OAY3, OTCQX: LILIF) has appointed Pompeyo Gallardo as Vice President Corporate Development. With 29 years of experience in corporate finance, Mr. Gallardo brings expertise in project structuring, financing, and various financial instruments. His background includes roles as a Financial Analyst at CIBC, Senior Credit Risk Management at Scotiabank, and CFO and Corporate Finance consultant at Red Cloud Securities. The company's CEO, Nikolaos Cacos, expressed enthusiasm about the appointment, highlighting Gallardo's extensive capital markets and finance experience as valuable for Argentina Lithium's growth plans.
Argentina Lithium & Energy Corp. (TSXV: LIT, FSE: OAY3, OTCQX: LILIF) has applied to the TSX Venture Exchange to extend the term of 16,630,000 outstanding warrants. These warrants, originally issued in a private placement in August 2022, are set to expire on August 11 and August 25, 2024. The company seeks to extend them to August 11 and August 25, 2027, respectively. The exercise price will remain at $0.38, with each warrant exchangeable for one common share of the company.
Notably, 9,100,000 of these warrants are held by company insiders, constituting a "related party transaction". The company has relied on exemptions from valuation and minority shareholder approval requirements, as the fair market value of insider-held warrants does not exceed 25% of the company's market capitalization. The amendment is subject to TSXV approval.
CEO.CA Technologies provides exclusive updates with CEOs of junior mining explorers, highlighting the ongoing precious metal and lithium exploration plans of Dolly Varden Silver and Argentina Lithium & Energy. The platform aims to connect investors globally, offering industry-leading audience engagement and mobile functionality.
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