InvestmentPitch Media Video Discusses Argentina Lithium & Energy's Significant Expansion of its Lithium Portfolio of Properties at the Pocitos Salar in Argentina - Video Available on Investmentpitch.com

Argentina Lithium and Energy Corp. ( TSXV: LIT ) (FSE: OAY3) (OTCQB: PNXLF) has significantly expanded its lithium portfolio of properties at the Pocitos Salar in Argentina. The company and its Argentinian subsidiary have entered into three new option agreements with local vendors to acquire a 100% interest in 10,364 hectares of new properties in the heart of Argentina's world-renowned Lithium Triangle.

For more information, please view the InvestmentPitch Media " video " which provides additional information on the company and this news. If this link is not enabled, please visit www.InvestmentPitch.com and enter "Argentina Lithium" in the search box.

These new properties grow the company's Pocitos holdings by 65%, with the company already holding options on 15,857 hectares of properties located on the west side of the Pocitos Salar.

The Pocitos Salar is located approximately 100 kilometres west of the town of San Antonio de los Cobres, the largest town in Argentina's high plain, and approximately 250 kilometres west of the provincial capital city of Salta. The Provincial Route 17 and the natural gas pipeline-fed industrial park at the settlement of Pocitos are located 17 km to the east. The rail line that crosses the middle of the Pocitos West property joins Salta with the port of Antofagasta on the Chilean Pacific coast.

The present surface expression of the Pocitos Salar is approximately 57 kilometres north-south, and approximately 10 kilometres east-west. The salt pan is almost completely flat with portions of the older salar surface covered by talus and alluvial fan.

To acquire its 100% in these properties, the company must pay a total of US$2,755,000 in scheduled payments along with 193,000 shares upon signing, and future shares worth $721,000. The El Pidio and Aquamarga properties are subject to TSX Venture Exchange approval.

Nikolaos Cacos, President and CEO, stated: ¨ Pocitos, one of the largest salars within Argentina's Lithium Triangle, remains a key under-explored salar in Salta. With these new acquisitions, we are now the largest holder of claims in this very prospective basin ."

Over the coming weeks, the company will be planning its exploration approach to the Pocitos properties which management believes have had little prior exploration and no drilling. The company is focused on advancing its lithium properties towards production in order to meet the growing global demand from the battery sector.

Argentina Lithium & Energy is a member of the Grosso Group, a resource management group that has pioneered exploration in Argentina since 1993.

The shares are trading at $0.36. For more information, please visit the company's website, www.ArgentinaLithium.com , contact Corporate Communications at 604-687-1828 or by email at info@ArgentinaLithium.com ..

About InvestmentPitch Media

Investmentpitch Media leverages the power of video, which together with its extensive distribution, positions a company's story ahead of the 1,000's of companies seeking awareness and funding from the financial community. The company specializes in producing short videos based on significant news releases, research reports and other content of interest to investors.

CONTACT:
InvestmentPitch Media
Barry Morgan, CFO
bmorgan@investmentpitch.com

Corporate Logo

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/109648

News Provided by Newsfile via QuoteMedia

Argentina Lithium and Energy TSXV:LIT Lithium Investing

LIT:CA

The Stellantis Era Begins: Argentina Lithium to drill up to 30 holes at Antofalla North Project

(TheNewswire)

November 27, 2023 - TheNewswire - Global Stocks News - On November 20, 2023 Argentina Lithium ( TSXV:LIT ) (FSE:OAY3) (OTC:PNXLF) announced accelerated exploration plans for 2024 , following a $90 million (in ARS equivalent) financing agreement with Peugeot Citroen Argentina S.A., a subsidiary of Stellantis N.V.

LIT is exploring a number of highly prospective lithium projects in Argentina with a goal of advancing them toward production in order to meet the growing global demand from the battery sector.

"The revised program includes a plan to complete up to 30 drill holes at the Company's large and highly prospective Antofalla North project , with a goal of assessing its lithium resource potential shortly on the heels of the Company's flagship Rincon West project, where the 11th of 20 planned exploration drill holes is underway," stated LIT in the November 20, 2023 PR.

Click Image To View Full Size

The Stellantis deal gives Argentina Lithium the financial resources to accelerate the development of its lithium assets, while providing Stellantis with up to 15,000 tonnes of lithium per annum, for a 7-year period if LIT becomes a lithium producer.

Stellantis has a track record of making savvy upstream investments.

On August 17, 2023 Stellantis announced a $100 million investment in CTR to advance the development of a geothermal lithium project in California.

Click Image To View Full Size

Argentina Lithium's VP of Exploration, Miles Rideout , has lived in Mendoza, Argentina for more than 20 years. Fluent in English and Spanish, he has a track record in mine permitting, financing, construction, and operations, participating in the discovery of multiple world-class deposits.

" Our 2023 field work focused on drilling Rincon West and was extremely successful in identifying lithium-rich brines and advancing the project," stated Rideout. "At the same time, we assembled the large Antofalla North property package adjacent and to the north of Albemarle Corp's lithium project and now that we are funded [by the Stellantis deal] we will be as aggressive as possible to advance the project alongside Rincon West."

Antofalla North is undrilled, though it has been explored with geophysical techniques to 500 meters depth. LIT "hopes to delineate another major source of lithium in brines at Antofalla."

Click Image To View Full Size

Argentina Lithium plans to complete 110 line-km of TEM geophysics at the Antofalla North Project covering approximately 16,620 hectares . The objective is to identify targets for drilling of "an initial 6 broadly spaced reconnaissance holes" totaling approximately 2,400 metres to test for lithium brines.

With positive results, LIT plans to follow this work with as many as 24 infill holes or approximately 7,200 m of drilling to fully test the property holdings.

Miles Rideout recently spoke with Red Cloud TV's Mark Bunting about the Argentina program, including the Antofalla North project.

"Ricon West is the area we've been drilling for about 18 months," Rideout told Bunting. "Next year, we'll complete another 12 exploration holes, and likely between four and six pump tests as well assessing the quality of the aquifer. With that work done, we'll move forward with completing an initial mineral resource estimate."

"Our second lead project is Antofalla North," continued Rideout. "Our properties there are adjacent to Albemarle Corporation - the world's second largest lithium producer. We will be drilling beside the Albemarle properties, in the same basin. It's a large project."

On November 20, 2023, Argentina voted to elect a new President, Javier Milei.

"The wider energy complex appears to be turning in Milei's favor," reported Forbes . "Argentina has the world's second-largest lithium reserves estimated to be in the region of 20 million tons, according to the U.S. Geological Survey ."

"Domestic production of the metal that's desperately needed for the world's energy transition is ramping up, and might rise to as high as 120,000 t/year in 2024 (from a current level of around 60,000 t/year)".

LIT is part of the Grosso Group, which has a vast network of local and regional contacts in Argentina. The Grosso Group has formed strategic alliances and negotiated with mining majors such as Barrick, Teck, Newmont, Viceroy and Vale.

Argentina Lithium is currently awaiting the issuance of environmental permits at Antofalla which will allow work to begin. LIT "does not foresee any issues with its applications."

"We have cleared the biggest hurdle for any junior today , which is having financing secured for all the planned exploration activity , to the tune of up to fifteen million dollars (US) next year alone if we complete all of our plans," stated Nikolaos Cacos, CEO of Argentina Lithium.

"In fact, the Stellantis funding is expected to carry us through exploration drilling to potential resource definition and initial engineering study stages at Rincon West and Antofalla North ," continued Cacos, "allowing us to build value with minimal dilution for our investors."

Contact: guy.bennett@globalstocksnews.com

Full Disclaimer

News Provided by TheNewsWire via QuoteMedia

Keep reading... Show less

Argentina Lithium Announces Accelerated Exploration Plan

Argentina Lithium & Energy Corp. ( TSXV: LIT ) (FSE: OAY3) (OTC: PNXLF) ("Argentina Lithium" or the "Company") is pleased to announce its accelerated exploration plans for 2024, following the major financing agreement with Peugeot Citroen Argentina S.A., a subsidiary of Stellantis N.V., (" Stellantis ") as reported on September 27 th 2023 . The revised program includes a plan to complete up to 30 drill holes at the Company's large and highly prospective Antofalla North project, with a goal of bringing it to a resource delineation stage shortly on the heels of the Company's flagship Rincon West project, where the 11 th of 20 planned exploration drill holes is underway.

News Provided by Canada Newswire via QuoteMedia

Keep reading... Show less

Argentina Lithium Further Expands Rincon West and Antofalla North Projects

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") is pleased to announce that it has entered into option agreements with local vendors to earn a 100% interest in two new mining concessions on salars in northwestern Argentina . The Don Fermin property option (" Don Fermin ") adds 1456 hectares to the Company's holdings at Salar de Rincon, bringing the total Rincon West Project area to 5198.8 hectares. The Lexi-30 property option (" Lexi ") adds 789 hectares to the Company's Antofalla North Project, increasing the holdings controlled by the Company to 16,619.5 hectares.

News Provided by Canada Newswire via QuoteMedia

Keep reading... Show less

Argentina Lithium Engages Investing News Network for Marketing Contract

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") is pleased to announce that it has entered into an advertising and investor awareness campaign with Dig Media Inc. dba Investing News Network (" INN "). INN is a private company headquartered in Vancouver, Canada dedicated to providing independent news and education to investors since 2007 at www.investingnews.com . For the 12-month term of the agreement, INN will provide advertising to increase awareness of the issuer. INN does not provide Investor Relations or Market Making services. The cost of the campaign is $58,000 payable in two payments of $29,000 each plus GST. The INN agreement is subject to TSX Venture Exchange approval.

News Provided by Canada Newswire via QuoteMedia

Keep reading... Show less

Argentina Lithium Engages Market One Media Group for Marketing Contract

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") is pleased to announce that it has entered into a media services agreement (the " Agreement ") with Market One Media Group (" Market One "). Market One, with offices in Vancouver and Toronto is a multi-platform media solution for the capital markets operating in editorial, video and digital media. The media message is distributed via broadcast, digital, and social media channels including media platforms such as BNN Bloomberg.

Market One's engagement is for a term of six months. Market One will provide services including investor lead generation buildout, a social media campaign, banner ads and articles. The company will pay Market One a fee of $160,000 plus GST for the services provided. The Market One agreement is subject to TSX Venture Exchange approval.

There are no performance factors contained in the Agreement and Market One will not receive common shares or options as compensation. Further, Market One and the Company are unrelated and unaffiliated entities and, at the time of the Agreement, neither Market One nor any of its principals have an interest, directly or indirectly, in the securities of the Corporation.

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 Company's recent strategic investment by Peugeot Citroen Argentina S.A., a subsidiary of Stellantis N.V., one of the world's leading automakers, places Argentina Lithium in a unique position to explore, develop and advance its four key projects. Management has a long history of success in the resource sector of Argentina and has assembled some of the most prospective 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, statements about 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.

View original content to download multimedia: https://www.prnewswire.com/news-releases/argentina-lithium-engages-market-one-media-group-for-marketing-contract-301970640.html

SOURCE Argentina Lithium & Energy Corp.

News Provided by PR Newswire via QuoteMedia

Keep reading... Show less

Century Lithium Grants Incentive Stock Options

Century Lithium Corp. (TSXV: LCE) (OTCQX: CYDVF) (Frankfurt: C1Z) ("Century Lithium" or "the Company") has granted an aggregate 845,000 incentive stock options (the "Options") to members of the Board of the Company. The Options are exercisable at $0.60 per share, being the five-day volume weighted average price from the date of grant, and are valid for a five-year period.

The Options have been granted under and are governed by the terms of the Company's long-term incentive plan and are subject to the policies of the TSX Venture Exchange.

Keep reading... Show less

InvestmentPitch Media Video Discusses Argentina Lithium & Energy's Significant Expansion of its Lithium Portfolio of Properties at the Pocitos Salar in Argentina - Video Available on Investmentpitch.com

Argentina Lithium & Energy Investor Kit

GET YOUR FREE INVESTOR KIT

Overview

Company Highlights

Key Projects

Rincon West

Antofalla North

Pocitos

Incahuasi

Management Team

Nikolaos Cacos - President, CEO and Director

Miles Rideout - Vice-president of Exploration

Darren Urquhart - CFO

Joseph Grosso - Chairman of the Board and Director

John Gammon - Director

Martin Burian - Director

In Summary:

Company Highlights

Overview

Company Highlights

Key Projects

Black Mountain Project, Wyoming

Resurgent Project, Nevada and Oregon

Exploration Pipeline Projects

Divestment Projects

Management Team

Murray Bleach – Non-executive Chairman

Shanthar Pathmanathan – Managing Director

Frederick Forni – Executive Director

Neil Stuart – Non-executive Director

Dr. Edward Max Baker – Geological Consultant

Ramesh Chakrapani – Chief Strategy Officer

Overview

Company Highlights

Key Projects

Baavhai-Uul Project, Mongolia

Exploration work

Drilling Results

Urgakh Naran: Rising Sun Project

Urgakh Naran Project license map

Bliss Lake Lithium Project

Little Nahanni Claims

Management Team

Ali Haji - CEO and Director

Matthew Wood - Chairman of the Board

Bataa Tumur-Ochir - Director

Aneel Waraich - Director

Joseph Gallucci – Director

Enkhtuvshin Khishigsuren - Director

Robert Payment - Chief Financial Officer

Wendy Li - Director, Asia

Overview

Company Highlights

Key Project

RecycLiCo™ Patented Process

Project Highlights:

Management Team

Zarko Meseldzija - Chief Executive Officer and Director

Andris Kikauka - Director

Rod Langtry - Director

Richard Sadowsky - Directors

Paul Hildebrand - Chairman of the Board

Shaheem Ali BBA - Chief Financial Officer and Director

Teresa Piorun - Senior Corporate Officer

Jochen Rudat - Advisor

Shailesh Upreti - Advisor

Kurt Lageschulte - Advisor

Dr. Yi Hyon Paik - Advisor

Argentina Lithium & Energy Investor Kit

GET YOUR FREE INVESTOR KIT

Latest Press Releases

Related News

TOP STOCKS