#Argentina #Stellantis #Argentina Lithium #Rincon West #Salta

Argentina Lithium & Energy Corp. Announces Initial Mineral Resource Estimate

Argentina Lithium & Energy Corp. (TSX-V: LIT, FSE: OAY3, OTCQX: LILIF) has recently unveiled the initial Mineral Resource Estimate (MRE) for its Rincon West lithium brine project located in Salta Province, Argentina. This announcement is pivotal, as it positions the company in a strategically significant lithium district, especially in light of its neighbor, Rio Tinto’s world-class Rincon Project.

MRE Highlights

The Mineral Resource Estimate has revealed:

• - Measured and Indicated Resources: 0.15 km³ of brine with an average lithium grade of 296 mg/l, translating to approximately 238,000 tonnes of Lithium Carbonate Equivalent (LCE).
• - Inferred Resource: 0.08 km³ of brine at an average grade of 216 mg/l, which corresponds to around 64,000 tonnes of LCE.

Nikolaos Cacos, CEO of Argentina Lithium, highlighted that this initial resource marks a significant achievement and reaffirms the company's position at the forefront of the lithium industry. He emphasized the strategic advantages of its proximity to the Rincon Project and the offtake partnership established with Stellantis, underscoring Argentina Lithium's readiness to advance the Rincon West project efficiently and responsibly.

Strategic Partnerships and Future Plans

The company is clearly focused on building a lithium operation that is sustainable and beneficial for stakeholders. The initial resource serves as a solid basis for further exploration and development, as the exploration team is set to assess drilling potential beyond the current mineral resources, which are open at depth. Argentina Lithium also possesses several other promising projects in the region, including Pocitos, Antofalla, and Incahuasi, enhancing its growth trajectory within the lucrative lithium sector, especially as the demand for lithium continues to surge due to the global electric vehicle (EV) market.

Methodology Behind the Resource Estimate

The Mineral Resource estimate was derived from extensive drilling campaigns conducted between 2022 and 2024, involving 14 diamond drill exploration holes totaling 4823.2 meters of drilling. The operation was managed by Salta-based AGV Falcon Drilling SRL, implementing meticulous methodologies to ensure reliable data collection.

The assessment involved the use of specific scientific techniques to analyze the brine's properties, which included the establishment of aquifer geometry and drainable porosity, thus providing accurate data for resource estimation. Notably, the resource estimation focused on the Villanoveño II and Rinconcita II mining concessions, conducting continual evaluation and analysis of extracted brine samples.

Cautionary Statements

While the resources reported comply with the standards set forth by National Instrument 43-101, it is essential to understand that these estimates do not equate to proven reserves. The reported Inferred Mineral Resources, while promising, carry inherent uncertainties and necessitate further drilling and exploration to confirm their viability for commercial production.

The Road Ahead

The outlook for Argentina Lithium appears robust. With Stellantis's investment and offtake agreement, which allows for the purchase of 15,000 tonnes of lithium carbonate annually once production commences, the company is poised for substantial growth. As lithium continues to play a critical role in battery production and electric vehicle applications, Argentina Lithium's strategic positioning affirms its capability to meet escalating global demand.

As Argentina Lithium continues to forge ahead, careful evaluation of drilling potential and updating resource estimates remain at the forefront of their operational strategy, paving the way for future advancements within the burgeoning lithium landscape.

Conclusion

Argentina Lithium & Energy Corp.'s initial mineral resource estimate for the Rincon West Lithium Project represents a significant milestone, not only for the company but also for the resource sector amid growing global demands for lithium. With high-quality projects and strategic partnerships, Argentina Lithium is well-equipped to capitalize on future opportunities in the energy transition market.

For more information, visit Argentina Lithium.