VANCOUVER, BC, Might 17, 2021 /PRNewswire/ — Lithium South Growth Company (the “Firm”) (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) is happy to offer an replace on the continued analysis of Direct Lithium Extraction (DLE) expertise for its Hombre Muerto North Lithium Venture (HMN Li Venture), situated in Salta Province, Argentina.
LIS is working with Eon Minerals Inc. (EMI), a Miami, Florida based mostly expertise firm. EMI is headed by Mr. Fernando Villarroel, Vice-President and a director of the Firm. The EMI course of is an progressive absorbent consisting of particular nanoparticles and is at present patent pending at the US Patent Workplace. A 2,000-liter brine pattern has been obtained on the EMI laboratory in Salta, and take a look at work is anticipated to start this week.
A primary section in analysis of the method shall be to investigate a computational chemistry brine with the absorbent to find out the reliability and period of the absorbent. The second section will contain take a look at work using a pure brine pattern taken from the two,000-liter reserve. The testing shall be performed underneath the supervision of a Certified Individual together with third social gathering ISO Licensed laboratory verification.
LIS is now using 4 choices to find out the optimum plan for the event of the undertaking. Three DLE processes at the moment are underneath analysis, and the Firm is continuous to maneuver ahead with take a look at work using typical evaporation.
About Lithium South
Lithium South is concentrated on creating the HMN Li Venture, situated on the Hombre Muerto Salar, a serious lithium-producing salar in Argentina. The property is adjoining to land underneath growth by the Korean multinational company POSCO, which acquired the bottom from Galaxy Sources Ltd. for US $280 million. The Firm accomplished a Preliminary Financial Evaluation of the HMN Li Venture in 2019, using typical evaporation extraction. The Firm is concentrated on evaluating various extraction strategies for the HMN Li Venture and plans to develop into a frontrunner within the utility of Direct Lithium Extraction expertise on the undertaking stage.
The technical and scientific data contained on this information launch was reviewed by Mr. William Feyerabend, a Consulting Geologist and Certified Individual underneath NI 43-101. Mr. Feyerabend participated within the manufacturing of this information launch.
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The securities referred to on this information launch haven’t been, nor will they be, registered underneath the US Securities Act of 1933, as amended, and might not be supplied or offered inside the US or to, or for the account or good thing about, U.S. individuals absent U.S. registration or an relevant exemption from the U.S. registration necessities.
This information launch doesn’t represent a suggestion on the market of securities on the market, nor a solicitation for provides to purchase any securities. Any public providing of securities in the US have to be made via a prospectus containing detailed details about the corporate and administration, in addition to monetary statements.
On behalf of the Board of Administrators
Adrian F. C. Hobkirk
President and Chief Government Officer
Buyers / Shareholders name 855-415-8100 / web site: www.lithiumsouth.com
SOURCE Lithium South Growth Company