Argentina: American Salars - Argentina Lithium Expansion in the Lithium Triangle
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Argentina: American Salars - Argentina Lithium Expansion in the Lithium Triangle
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American Salars is set to expand its lithium operations in Argentina's 'lithium triangle' by acquiring a 75% interest in the Salar De Pocitos Project. This acquisition, comprising 10 tenements, will significantly increase the company's footprint in the region by 1,635%. The company intends to integrate historical data and existing drillholes to update resource estimates, aiming for commercial production. According to CEO Nick Horsley, the expansion of the Pocitos Salar constitutes a 'game changer' for the company, especially after consultation with leading lithium mining companies. The company plans to progress with scoping and feasibility studies. American Salars will also be present at the Prospectors & Developers Association of Canada (PDAC) Convention to discuss these developments.
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