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Lithium South Development Corporation - LISMF STOCK NEWS

Welcome to our dedicated page for Lithium South Development Corporation news (Ticker: LISMF), a resource for investors and traders seeking the latest updates and insights on Lithium South Development Corporation stock.

About Lithium South Development Corporation

Lithium South Development Corporation (OTCQB: LISMF) is a resource-focused company dedicated to the exploration and development of lithium brine projects. The company's flagship asset, the Hombre Muerto North Lithium Project (HMN Li Project), is strategically located in the Salta and Catamarca Provinces of Argentina, within the globally renowned "Lithium Triangle." This region accounts for a significant share of the world's lithium production, making it a hub for lithium extraction and development.

Core Business and Operations

The HMN Li Project spans five non-contiguous claim blocks covering approximately 3,287 hectares within the Salar del Hombre Muerto, an area with a history of over 25 years of lithium production. Lithium South owns 100% of the project, which boasts a National Instrument 43-101 compliant resource estimate of 1,583,200 tonnes of Lithium Carbonate Equivalent (LCE). This resource is distributed across the Alba Sabrina, Natalia Maria, and Tramo claim blocks, with the Alba Sabrina block being the largest and most critical to the company's development efforts.

The company is transitioning from being a lithium explorer to a developer, underpinned by its recent Preliminary Economic Assessment (PEA). The PEA outlines plans for a 15,600 tonnes per year lithium carbonate production facility, leveraging conventional solar evaporation techniques. This method is industry-standard, low-risk, and proven for lithium brine extraction, ensuring operational efficiency and economic feasibility.

Strategic Location and Competitive Position

The HMN Li Project is surrounded by major lithium developments, including a US$4 billion project by POSCO and the Sal de Vida Project under development by Arcadium Lithium (a result of the Alkem and Livent merger). This proximity to established and emerging lithium operations enhances the project's strategic value, providing access to infrastructure, expertise, and potential synergies.

Technological Advancements and Value-Added Products

Lithium South is actively exploring innovative lithium recovery methods to enhance efficiency and product value. Recent test work has demonstrated the potential to produce Lithium Iron Phosphate (LiFePO₄) directly from concentrated brine, bypassing the need for lithium carbonate. LiFePO₄ batteries are increasingly favored for electric vehicles and utility-scale energy storage due to their cost-effectiveness, long cycle life, and high power density. This positions the company to tap into growing markets for advanced lithium products.

Environmental and Regulatory Compliance

The company has completed Phase I of its Environmental Baseline Study, a critical step toward obtaining construction permissions. The study evaluates hydrology, soil quality, flora and fauna, and socio-cultural impacts, ensuring the project aligns with environmental and regulatory standards. Phases II and III of the Environmental Impact Assessment are underway, further solidifying the project's development framework.

Market Relevance and Future Outlook

As global demand for lithium continues to surge, driven by the transition to electric vehicles and renewable energy storage, Lithium South Development Corporation is well-positioned to play a pivotal role in the lithium supply chain. Its strong resource base, proven extraction methods, and focus on innovation provide a solid foundation for long-term growth and market relevance.

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Lithium South Development announces the commencement of development activities for pumping well PW23-AS-02, showing promising signs for brine production potential.
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Lithium South Development Corporation announces successful completion of the first pumping well at Alba Sabrina claim block in Argentina. Test results show promising porosity and yield levels, indicating potential for high brine production.
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Lithium South Development Corporation announces positive results from the independent Preliminary Economic Assessment (PEA) for its Hombre Muerto North Lithium Project, with an after-tax NPV of US$934 million and an IRR of 31.6%. The PEA is based on a 25-year mine life, producing 15,600 tonnes of lithium carbonate per year using solar evaporation technology.
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Lithium South Development Corporation provides an update on the ongoing development of the HMN Li Project in Salta Province, Argentina. The Alba Sabrina Production Well One has been drilled to 340 meters depth and is nearing the target depth of 400 meters. The Preliminary Economic Assessment (PEA) is nearing completion, with an Initial Design Capacity of 15,000 tonnes per year Lithium Carbonate Equivalent.
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Lithium South Development Corporation (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) signs a landmark agreement with POSCO Argentina SAU, a subsidiary of Pohang Iron and Steel Company, to develop the Hombre North Lithium Project in Argentina. The agreement resolves a historical provincial title issue and allows both companies to access the potential brine in the area. The project spans 3,287 hectares and includes five key claim blocks. The partnership aims to advance lithium extraction and sustainable energy solutions.
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Lithium South Development Corporation reports a 175% increase in lithium resource at its Hombre Muerto North Lithium Project. The updated mineral resource estimate shows a total of 1,583,200 tonnes of Lithium Carbonate Equivalent (LCE) with an average grade of 736 mg/L Li. The resource has a low magnesium to lithium ratio and 90% of it is classified as Measured. The company also expects to achieve a 40% increase in lithium recovery to 70% through an adjusted processing sequence.
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Lithium South Development Corporation installs first production well at HMN Li Project in Argentina. Pump test to begin soon. RFQ issued for exploration of Sophia II and Sophia III claim blocks to confirm water source for lithium production.
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Lithium South Development Corporation has selected Knight Piésold Consulting and JDS Energy & Mining to prepare an updated National Instrument 43-101 Preliminary Economic Assessment (PEA) on its Hombre Muerto North Lithium Project in Argentina. The report will consider the upgraded resource of 1.58 million tonnes Lithium Carbonate Equivalent (LCE) and current market conditions. The Company aims to optimize lithium recovery from 50% to approximately 70%.
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Lithium South Development Corporation appoints Gordon Neal as director
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Lithium South Development initiates drilling campaign at the HMN Li Project in Argentina, with promising early results of lithium concentration exceeding 1,175 mg/L. The upgraded project resource delineates a resource of 927,500 tonnes of LCE within the Alba Sabrina block. Advertising program to be developed by Batteryjuniors.com at a cost of 100,800 Euros.
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FAQ

What is the current stock price of Lithium South Development Corporation (LISMF)?

The current stock price of Lithium South Development Corporation (LISMF) is $0.07064 as of February 28, 2025.

What is the market cap of Lithium South Development Corporation (LISMF)?

The market cap of Lithium South Development Corporation (LISMF) is approximately 8.6M.

What is Lithium South Development Corporation's primary focus?

Lithium South focuses on the exploration and development of lithium brine resources, primarily through its Hombre Muerto North Lithium Project in Argentina.

Where is the Hombre Muerto North Lithium Project located?

The project is situated in the Salta and Catamarca Provinces of Argentina, within the Lithium Triangle, a region known for its high-grade lithium brine deposits.

What is the production capacity outlined in the Preliminary Economic Assessment?

The PEA outlines a production capacity of 15,600 tonnes per year of lithium carbonate using conventional solar evaporation techniques.

What makes Lithium South's project unique?

The HMN Li Project's high-grade brine chemistry, strategic location near major lithium developments, and innovative recovery methods for value-added products like Lithium Iron Phosphate (LiFePO₄) distinguish it from competitors.

What environmental measures has the company undertaken?

Lithium South has completed Phase I of its Environmental Baseline Study and is advancing with further assessments to ensure compliance with environmental and regulatory standards.

What extraction method does Lithium South use?

The company employs conventional solar evaporation, a proven, low-risk method for lithium brine extraction.

Who are Lithium South's key competitors?

Key competitors include major lithium developers in the region, such as POSCO and Arcadium Lithium, who are also active in the Salar del Hombre Muerto.

Is Lithium South involved in producing advanced lithium products?

Yes, the company is exploring the production of Lithium Iron Phosphate (LiFePO₄), a high-value product used in electric vehicle batteries and energy storage systems.
Lithium South Development Corporation

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