Lithium South Development Corp (LISMF)

[TradingCharts]

175% Increase in Lithium Resource
Highlights
• 1,583,100 tonnes Lithium Carbonate Equivalent (LCE)
• 90% of Resource in Measured Category
• Average Grade 736 mg/L Li
• Low Magnesium to Lithium Ratio of 3.27
September 12, 2023 / Vancouver, BC / Lithium South Development Corporation (the “Company”) (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt OGPQ) reports:

With the completion of a 10-hole resource expansion drill program, and evaluation of the results by Groundwater Insight Inc. (GWI) of Halifax, Nova Scotia, Canada, the Company is pleased to announce a 175% increase in the total lithium brine resources at the Hombre Muerto North Lithium Project (HMN Li Project), located in Salta Province, Argentina.

The resource is a combination of the in situ contained lithium at the Alba Sabrina, Natalia Maria, and Tramo claim blocks. The total resource has increased from 571,000 tonnes to 1,583,100 tonnes LCE at an average grade of 736 mg/L lithium with a low average magnesium (a brine contaminant) to lithium ratio of 3.27. The updated lithium resource estimate is summarized by each claim block in the following table, relative to a 500 mg/L cut-off:
https://www.lithiumsouth.com/posts/175-increase-in-lithium-resource/