About the Project
The Antofalla North project covers over +13,000 hectares including wholly owned & optioned claims. [For details of the option agreements please refer to the most recent Company Management Discussion and Analysis.]
The Project is located approximately 25 km west of Argentina's largest lithium producing operation at Salar de Hombre Muerto.
The southern boundary of the Antofalla North project is situated approximately 500 metres north of properties controlled by global lithium producer Albemarle Inc. [Investors are cautioned that proximity to a discovery, mine, or mineral resource, does not indicate that mineralization will occur at the Company’s Project, and if mineralization does occur, that it will occur in sufficient quantity or grade that would result in an economic extraction scenario.]
Location & Infrastructure
The Salar de Antofalla is approximately 150 kilometres long and 5-7 kilometres wide, and is situated at 3,900 metres elevation. The salar is accessed by Provincial highway 43 and unpaved roads, with the small town of Antofalla approximately 50 kilometres to the south and the city of Salta approximately 500 kilometres away.
Exploration Program
The Company has completed a geophysical survey and identified high-conductivity targets for drilling at the Project. Permitting is underway for the first drill program. For details and results, please refer to our News Releases and the most recent MDA.
1 https://www.albemarle.com/news/albemarle-signs-agreement-for-exclusive-exploration-and-acquisition-rights-to-lithium-resource-in-argentina Accessed 04/22