NEW HIGH‐GRADE LITHIUM DISCOVERY
CANDELAS LITHIUM BRINE PROJECT, HOMBRE MUERTO, ARGENTINA
Initial assays confirm thick, high‐grade lithium bearing brines at Candelas
* Partial intercept received; 65 metres at an average of 862 mg/l Li from 235m to 300m
* 119 metres of brine encountered from 235 to 354 metres (current depth)
* Low impurity levels with an Mg/Li ratio <3 ‐ comparable with high quality
brines currently being mined at Salar del Hombre Muerto
“Preliminary field measurements and laboratory analyses on brine suggests that the Candelas Project has the potential to become a world‐class soluble lithium deposit hosted in a unique geological setting.” (SRK Consulting)
POSCO paid 385UUD for GXYs holding on the SAME salar.
GLN just as big, current MC...a tiny 40M
It don't get much easier then this.
5++ bags easy in 6-12 months IMO
