Send PM
Followers 169
Posts 10486
Boards Moderated 6
Alias Born 09/17/2000

Re: TradingCharts post# 79

Saturday, 01/15/2022 10:32:56 AM

Saturday, January 15, 2022 10:32:56 AM

Post# of 121
To increase shareholder value, management intends to significantly expand the known resource with a drill program and further pumping wells. In addition, the Company will undertake a Feasibility Study using industry proven conventional evaporation and if warranted, Direct Lithium Extraction technology. Lithium South has approximately CDN$ 18 million in working capital and has an extensive advertising program planned to raise investor awareness by showcasing Lithium South’s exploration/development results.

Resource Expansion

The HMN Li Project is comprised of 3,287 hectares of which only the 383-hectare Tramo claim block has been drill tested. A recent TEM study has identified significant expansion potential over the balance of the claim blocks and in particular at the 2,089-hectare Alba Sabrina claim block. Drill permissions are expected in January 2022 and road as well as drill pad construction have already been initiated. A camp located near the project, has been contracted to house personnel and a drill contract is expected to be awarded this month.


My opinions are my own and and DD I post should be confirmed as unbiased