LSC Lithium Acquires Additional Tenements in Salinas Grandes and Commences Confirmatory Exploration Work on Salinas Grandes

LSC Lithium Corporation (“LSC” or together with its subsidiaries, the “Company”) (TSXV:LSC) is pleased to announce its wholly owned subsidiary has entered into a purchase agreement with Bolera Minera S.A. (“Bolera”) to purchase tenements covering approximately 583 hectares in Salinas Grandes, Salta Province (the “Bolera Tenements”). The acquisition will increase LSC’s land package with LSC owning over 90% of the Salta tenements in Salinas Grandes following the acquisition.

As quoted in the press release:

The Bolera Tenements are strategically located immediately adjacent to LSC’s tenements Negrita I, Prode IV, Martana I and Romina I (see Map 1). LSC will acquire the Bolera Tenements and corresponding technical data for cash consideration totalling US$900,000 payable in three installments. Closing of the acquisition is expected to take place on or about February 6, 2018. Following closing, LSC will commence exploration on the Bolera Tenements to verify prior data from the previous operator. LSC understands that a previous operator completed geophysics and sampling on the properties.

Click here for the full text release

Free 2017 Lithium Investment Report

Your free report includes:

  • Expert commentary
  • Stocks to buy
  • Market forecasts
Give me my free report!  

Get the Latest Lithium Investing Stock Information

Get the latest information about companies associated with Lithium Investing delivered directly to your inbox.

Lithium

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

Free 2017 Lithium Investment Report

Your free report includes:

  • Expert commentary
  • Stocks to buy
  • Market forecasts
Give me my free report!  
Comments

Leave a Reply