Lithium South Announces PEA Estimate US$934 Million Dollar NPV with an IRR of 31.6% and a 2.5 year Payback for HMN Lithium Project
PEA HIGHLIGHTS
VANCOUVER, BC, March 4, 2024 /PRNewswire/ — Lithium South Development Corporation (the “Company” or “Lithium South”) (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) is pleased to announce positive results from an independent Preliminary Economic Assessment (“PEA”) for its Hombre Muerto North Lithium Project (“HMN Lithium Project”) near Salta, Argentina. The PEA was prepared by Knight Piésold Consulting (“KP”) and JDS Energy and Mining (“JDS”), both of Vancouver, in accordance with the standards set out in National Instrument 43-101 Standards of disclosure for Mineral Projects (“NI 43-101”), and CIM’s Best Practice Guidelines for Mineral Processing (“BPGMP”).
Related news for (LISMF)
- LITHIUM SOUTH: TEST WORK/ DEVELOPMENT WORK /BUSINESS DEVELOPMENTS UPDATE
- Lithium South Development Corporation: Well Update – Corporate Site Visit – Private Placement to Close
- South American Lithium Projects Set to Flourish in Battery Metal’s Projected 2024 Rebound Year
- Preliminary Economic Assessment Filed on SEDAR
- Lithium South Development Corporation: Preliminary Economic Assessment Filed on SEDAR