Argentina Lithium Announces Commencement of Geophysics Program at Rincon West Project

Argentina Lithium Announces Commencement of Geophysics Program at Rincon West Project

TSX Venture Exchange (TSX-V): LIT
Frankfurt Stock Exchange (FSE): OAY3
OTCQB Venture Market (OTC): PNXLF

Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTC: PNXLF), (" Argentina Lithium " or the " Company ") announces the commencement of advanced geophysical imaging surveys at its Rincon West Lithium Project, located at the Salar de Rincon in Salta Province Argentina.  The deep-seeing Transient Electromagnetic Sounding survey will image the sub-surface of the basin, and facilitate target definition for the follow-up drilling program planned for the second quarter of 2022.

Argentina Lithium & Energy Logo (CNW Group/Argentina Lithium & Energy Corp.)

Argentina Lithium's Rincon West Project covers 2470 hectares of the western flank of the Rincon Salar basin, adjacent to the Rincon Mining PTY Ltd. (" Rincon Mining ") project acquired by Rio Tinto in December of 2021; the Company has an agreement to acquire a 100% interest in Rincon West ( September 28 and October 14, 2021 and March 16, 2022 News Releases). Rincon West has not previously been drilled, but covers a continuation of the Rincon basin where Rincon Mining and Argosy Minerals Limited have identified significant lithium resources.

" Prior work at the Rincon Salar indicates the basin is very prospective for high-value lithium brines. Acquiring advanced sub-surface resistivity data at the Rincon West Project will provide vital information on the lithium potential and extent of brine within the property. With these data in hand, we expect to quickly move to drill testing the project to validate the targets, and to assess grade and estimates of brine content of the host formations ", stated Nikolaos Cacos , President and C.E.O.

Transient Electromagnetic (" TEM ") Sounding surveys will be executed by Toronto -based Quantec Geoscience Ltd., through their Argentinean subsidiary. Quantec is a leading provider of electromagnetic imaging techniques, as applied to mineral exploration. The survey plan for the Rincon West project is to comprehensively cover the project with continuous TEM transects, with sounding sites spaced at 200 metre intervals along 39 line-kilometres of survey lines. The depth of the TEM data will vary depending on ground conditions, but the Company expects that images can be obtained from shallow levels to in-excess of 500 m depth.

Qualified Person

The contents of this news release have been reviewed and approved by David Terry , Ph.D., P.Geo., a Qualified Person as defined in National Instrument 43-101.

About Argentina Lithium

Argentina Lithium & Energy Corp is focused on acquiring high quality lithium projects in Argentina , and advancing them towards production in order to meet the growing global demand from the battery sector. The management group has a long history of success in the resource sector of Argentina , and has assembled a first rate team of experts to acquire and advance the best lithium properties in the world renowned "Lithium Triangle". The Company is a member of the Grosso Group, a resource management group that has pioneered exploration in Argentina since 1993.

ON BEHALF OF THE BOARD

"Nikolaos Cacos"

_______________________________

Nikolaos Cacos , President, CEO and Director

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain forward-looking statements.  Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. All statements, other than statements of historical fact, that address activities, events or developments the Company believes, expects or anticipates will or may occur in the future, including, without limitation, the Company's plans for its mineral properties; the Company's business strategy, plans and outlooks; the future financial or operating performance of the Company; and future exploration and operating plans are forward-looking statements.

Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements and, even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things: the impact of COVID-19; risks and uncertainties related to the ability to obtain, amend, or maintain licenses, permits, or surface rights; risks associated with technical difficulties in connection with mining activities; and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations. Actual results may differ materially from those currently anticipated in such statements. Readers are encouraged to refer to the Company's public disclosure documents for a more detailed discussion of factors that may impact expected future results. The Company undertakes no obligation to publicly update or revise any forward-looking statements, unless required pursuant to applicable laws. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties.

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/argentina-lithium-announces-commencement-of-geophysics-program-at-rincon-west-project-301506172.html

SOURCE Argentina Lithium & Energy Corp.

Cision View original content to download multimedia: https://www.newswire.ca/en/releases/archive/March2022/21/c8899.html

News Provided by Canada Newswire via QuoteMedia

LIT:CA
Argentina Lithium & Energy

Argentina Lithium & Energy Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

The Conversation (0)
Argentina Lithium & Energy (TSXV:LIT)

Argentina Lithium & Energy


Keep reading...Show less
Argentina Lithium and Energy: Invitation to Red Cloud's Pre-PDAC 2024 Mining Showcase

Argentina Lithium and Energy: Invitation to Red Cloud's Pre-PDAC 2024 Mining Showcase

Argentina Lithium and Energy (TSXV: LIT) (OTCQX: LILIF) is pleased to announce that the company will be presenting at Red Cloud's Pre-PDAC 2024 Mining Showcase. We invite our shareholders and all interested parties to join us.

The annual conference will take place in-person at the Sheraton Centre Toronto Hotel February 29-March 1, 2024.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Argentina Lithium Drilling Continues to Produce Strong Lithium Results at the Rincon West Project

Argentina Lithium Drilling Continues to Produce Strong Lithium Results at the Rincon West Project

TSX Venture Exchange (TSX-V): LIT
Frankfurt Stock Exchange (FSE): OAY3
OTCQX Venture Market: LILIF

Argentina Lithium & Energy Corp. (TSX-V: LIT) (FSE: OAY3) (OTCQX: LILIF) ("Argentina Lithium" or the "Company") reports positive results from the tenth and eleventh exploration holes at its Rincon West Project in Salta Province Argentina . Samples collected over a 295.5 m section of RW-DDH-010 ranged from 245 to 366 mgl lithium. Samples collected over a 321 m section of RW-DDH-011 ranged from 246 to 344 mgl lithium.

News Provided by PR Newswire via QuoteMedia

Keep reading...Show less
Argentina Lithium Announces Commencement of Trading on OTCQX Market and New Symbol

Argentina Lithium Announces Commencement of Trading on OTCQX Market and New Symbol

TSX Venture Exchange (TSX-V): LIT
Frankfurt Stock Exchange (FSE): OAY3
OTCQX Market (OTCQX): LILIF

Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTCQX: LILIF), ("Argentina Lithium" or the "Company") is pleased to announce that its common shares are now trading on the OTCQX Best Market under the ticker symbol of LILIF . The OTCQX Best Market is the highest market tier of OTC Markets on which 12,000 U.S. and global securities trade. Trading on OTCQX will enhance the visibility and accessibility of the Company to U.S. investors. Argentina Lithium's common shares will continue to trade on the TSX Venture Exchange under the symbol LIT, and on the Frankfurt Stock Exchange under the symbol OAY3.

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
OTC Markets Group Welcomes Argentina Lithium & Energy Corp to OTCQX

OTC Markets Group Welcomes Argentina Lithium & Energy Corp to OTCQX

OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Argentina Lithium & Energy Corp (TSX-V: LIT; OTCQX: LILIF), an alternative fuel material company, has qualified to trade on the OTCQX® Best Market. Argentina Lithium & Energy Corp upgraded to OTCQX from the OTCQB® Venture Market.

Argentina Lithium & Energy Corp begins trading today on OTCQX under the symbol "LILIF." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com .

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Clean Energy and Precious Metals Virtual Investor Conference: Presentations Now Available for Online Viewing

Clean Energy and Precious Metals Virtual Investor Conference: Presentations Now Available for Online Viewing

Virtual Investor Conferences, the leading proprietary investor conference series, today announced the presentations from the Clean Energy and Precious Metals Virtual Investor Conference, held December 4 th 5 th and 6 th are now available for online viewing.

REGISTER NOW AT : https://bit.ly/46QuklX

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Pursuit Minerals

Pilot Plant Commences First Phase of Operations

Pursuit Minerals Ltd (ASX: PUR) (“PUR”, “Pursuit” or the “Company”) is pleased to provide the following update on key developments for its Lithium Carbonate Pilot Plant which has commenced the first phase of operations to produce Lithium Carbonate.

Keep reading...Show less
Comment on Chilean Government's Announcement

Comment on Chilean Government's Announcement

CleanTech Lithium PLC (AIM:CTL, Frankfurt: T2N, OTCQX: CTLHF), an exploration and development company advancing lithium projects in Chile, today commented on the announcement by the Government of Chile regarding the designation of strategic salars and the creation of a Protected Salars Network under the current administration's National Lithium Strategy.

Keep reading...Show less
Nevada Sunrise Metals President and CEO Warren Stanyer.

Nevada Sunrise Metals CEO Shares 2024 Plans to Advance Gemini Lithium Project

Nevada Sunrise Metals (TSXV:NEV) President and CEO Warren Stanyer said the company's next steps at its Gemini lithium project in Nevada are to undertake further drilling, bring it to the preliminary economic assessment( PEA) stage and find the right partners to move it forward.

“We drilled five holes right into the spring of 2023. That led to the production of a NI 43-101 compliant resource of 7.1 million metric tons of lithium carbonate equivalent, which is beyond our expectations. We really didn't know what we were going to get,” he said. “The deposit is open in basically all directions. So really it's drilling more, getting to the PEA stage (and) attracting a big industry partner. Those are our goals for the project.”

Gemini has emerged as one of the world's largest lithium resources, and the fourth largest in the US, according to Stanyer. And with more drilling planned for the project, the company is preparing to finance the next steps for Gemini.

Keep reading...Show less
Galan Lithium

Galan Investor Presentation Singapore March 2024

Galan Lithium Limited (ASX:GLN) (Galan or the Company) is pleased to present its investor presentation.

Click here for the full ASX Release

Keep reading...Show less
Lithium Universe

Extension To Share Purchase Plan

Lithium Universe Limited (referred to as "Lithium Universe" or the "Company," ASX: "LU7") provides the following update regarding its $3.0 million Share Purchase Plan (SPP), as announced on 13 March 2024 (ASX release: LU7 Launches Share Purchase Plan).

Keep reading...Show less
Argentina Lithium & Energy

Argentina Lithium & Energy Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Latest Press Releases

Related News

×