The global demand for
a cleaner, greener future is a goal which Argentina Lithium & Energy Corp.
(TSX-V: LIT , OTC:PNXLF, FSE:OAY2) believes it can support through exploration
for alternative fuel materials. Lithium
batteries have become the front-running rechargeable energy storage medium,
particularly for the rapidly growing electric vehicle industry, creating a
strong demand forecast for lithium.
Argentina comprises a significant portion of the Lithium
Triangle, which is home to more than half of the world’s resources of
lithium. Argentina Lithium & Energy
Corp. is a member of the Grosso Group, a resource management team that
pioneered the mineral exploration industry in Argentina and has operated there
since 1993. The group has made three
exceptional metal deposit discoveries, and it broadened its focus to include
alternative fuels in the mid 2000’s. The Grosso Group has been following the
lithium battery sector and believes this is the time to expand its efforts in
lithium resource development in the highly prospective Argentinean portion of
the Lithium Triangle. The Grosso Group
leverages its vast network of local, regional and international industry
contacts to support the exploration team in their search for quality resource
The Company believes it can build value for its shareholders by capitalizing on its team’s experience and success to acquire the best under-explored and undeveloped lithium projects, starting with the Arizaro Project in the province of Salta.