About the Project
Argentina Lithium holds a 100% interest in 460.5 hectares and has an option to earn a 100% interest in a further 3,282 hectares of claims located at the Rincon Salar in Salta Province, Argentina. It is approximately 38km from the Company’s Pocitos Project.
The project has had no significant historic exploration, and as such it presents a new opportunity to identify lithium at a salar that is known to host lithium-bearing brines with production potential.
Location & Infrastructure
Located at approximately 3,760 metres above sea level, the geological environment at the Rincon Salar is similar to other salars in the Puna region where lithium and potash are found.
The Rincon West Project is situated close to the railway, and just 17 kilometres south of Provincial Route 51, the international road that connects to Chile’s coastal ports. It is approximately 150 kilometres from the town of San Antonio de los Cobres. The InterAndes power corridor runs within one kilometre of the salar.
There are two significant lithium resource development projects on the salar, owned by Rincon Ltd. (www.rinconmining.com) and Argosy Minerals (www.argosyminerals.com.au) both of which have executed demonstration-scale production of lithium carbonate. [Argentina Lithium cautions that proximity to a discovery, mineral resource, or mining operation does not indicate that mineralization will occur on the Company’s property, and if mineralization does occur, that it will occur in sufficient quantity or grade that would result in an economic extraction scenario.] The Rincon West project is adjacent to claims belonging to Rincon Ltd on the west side of the salar.
Exploration Program
There has been no previous detailed exploration work completed on these claims, although Vertical Electrical Soundings (VES) have identified a conductive unit which may be related to brines at less than 100m depth under the majority of the property surface.
Argentina Lithium is undertaking additional detailed work to detect and delineate brine concentrations. For details of the latest work program and results please refer to the News Releases and Presentations.