Fast Facts

  • 26,865 hectares – 100% interest
  • 6 production wells on site (150m3/hr) (currently closed, under rehabilitation)
  • Local infrastructure is good
  • Brine tested to 50m depth of the total >200m Salar depth
  • Potential for gypsum and sodium sulphate by-product credits

LSC holds ~27,000 hectares with tenements covering approximately 90% of the Salar nucleus.

Overview

Located in the southwestern province of Salta, Argentina in an area known as the Puna region, Salar de Rio Grande lies at an elevation of 3,630 metres above sea level and has a surface area of approximately 180 square kilometres.

Rio Grande is approximately 500 km from the city of Salta and close to key infrastructure such as roads and rail lines.

LSC has a 100% interest in 26,865 hectares of tenements and applications for tenements in Salar de Rio Grande, which cover approximately 90% of the Salar nucleus.

History of the Salar

Approximately 21,000 hectares of the Rio Grande property were previously owned by Enirgi Group and operated by ADY Resources Limited (a wholly-owned subsidiary of Enirgi Group). These tenements were previously utilized to produce sodium sulphate, which was used as a reagent to produce lithium carbonate. The salar has 6 production wells and an established camp on site.  LSC acquired the tenements from ADY Resources in 2016.

In 2017, LSC acquired approximately 6,000 hectares when it acquired LitheA Inc.

Prior exploration and development work on Salar de Rio Grande by previous owners/operators has included surface sampling, geological mapping, diamond drill holes to 1,653 metres, pumping wells, and a 2015 Environmental Impact Statement report.

Exploration Program

The exploration program at Salar de Rio Grande includes CS-AMT geophysical exploration, twin drilling and pumping tests. The purpose of the program is to better define the basin structure and aquifer system and to confirm historic drilling, assay and pumping data for the Rio Grande property. LSC intends to twin selected drill holes to conform the historical assay and porosity data and to rehabilitate one of the existing pumping wells and run pumping tests to confirm the historic data. Once the historic data is confirmed, LSC anticipates releasing an initial NI 43-101 lithium resource report on the Salar de Rio Grande property.