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Atlantic Lithium Ltd (ALLIF) RSS Feed

Followers
27
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Posts (Total)
287
Created
04/07/20
Type
Free
Moderators

The Final Frontier...
A De-Risked Lithium Triangle Project

Surrounded by successful operators and multi-billion dollar lithium assets, the Tolillar Project
in Salta, Argentina may be one of the last undeveloped major land plays in the region.

Highlights

- Located within the Argentina section of world-famous “Lithium Triangle”.
 
- Surrounded by multi-billion dollar Lithium assets.

-100% ownership of the Tolillar Salar, one of the last remaining undeveloped salars in Salta Province, Argentina.

- 27,500+ hectares secured with proven existence of lithium offers drastically reduced exploration risk.

- 10 km from the largest and longest producing salar in Argentina; FMC’s (now Livent Corp) high-quality/low impurity Fenix Project.

- Up to 504 mg/L identified from limited previous testing on <10% of claim area.



Tolillar Project Details

           The project currently consists of 10 Exploitation Concessions (minas) totalling 27,500 hectares registered in the Salar de Tolillar basin in the province of Salta, Argentina.

  • The Tolillar project is located in the renowned Lithium triangle of Argentina, Bolivia, and Chile and within the Puna geological region of northwest Argentina.

    At Salar Tolillar, early stage investigations have shown Lithium concentrations up to 504 mg/L in borehole samples in 2015. As of 2019, drilling licenses are approved for immediate commencement.

    The Tolillar project area has never been extensively explored, yet is uniquely located close to a concentration of major players representing some of the largest producers of lithium who collectively service a large percentage of the growing global demand.

    Proximal to the Hombre de Muerto Salar (10km NW), the premier lithium brine basin in Argentina with high grade, low impurities, (Li: Mg <4); Livent’s El Fenix operation has been in production for over 20 years.

    Local operations include Galaxy Resources (mkt cap; A$830m), Livent Corporation (ex-FMC Corp., NYSE listed); mkt cap; ~US$2.6bn) and POSCO (mkt cap. A$27bn).

    Regional infrastructure includes local skilled workforce, high-grade roads, rail, airport, trucking infrastructure, electrical power and natural gas.



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https://www.otcmarkets.com/stock/ALLTF/disclosure

https://www.otcmarkets.com/stock/ALLTF/news

https://www.otcmarkets.com/stock/ALLTF/security

https://www.otcmarkets.com/stock/ALLTF/profile

https://www.otcmarkets.com/stock/ALLTF/quote

https://www.otcmarkets.com/stock/ALLTF/overview


     
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