Business
Argentina Lithium Significantly Expands Lithium Portfolio; Options Additional Properties on Pocitos Salar in Salta Province
Argentina Lithium Significantly Expands Lithium Portfolio; Options Additional Properties ...
About this update from Argentina Lithium & Energy Corp.
[{"type":"text","content":"\n \n \n \n Argentina Lithium Significantly Expands Lithium Portfolio; Options Additional Properties on Pocitos Salar in Salta Province\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n Jan. 10, 2022\n \n /CNW/ -\n \n Argentina Lithium & Energy Corp.\n \n (TSX-V: LIT) (FSE: OAY3) (OTC: PNXLF)\n \n (\"Argentina Lithium\" or the \"Company\")\n \n is pleased to announce that it is expanding its lithium exploration project holdings at the Pocitos Salar in\n \n Salta Province\n \n , at the heart of\n \n Argentina's\n \n world-renowned Lithium Triangle. The Company's holdings in this salar now total over 26,000 hectares (see Figure 1:\n \n https://bit.ly/3HNEurI\n \n ). The Company and its Argentinian subsidiary, Argentina Litio y Energía S.A. have entered into three new option agreements with local vendors to acquire a 100% interest in 10,364 hectares of new properties. The Company already holds an option for 15,857 hectares of properties located on the west side of the Pocitos Salar (see\n \n \n October 14, 2021\n \n News Release\n \n ).\n \n \n \n \n \n \n \n \n \n \n ¨Pocitos, one of the largest salars within\n \n Argentina's\n \n Lithium Triangle, remains a key under-explored salar in Salta. With these new acquisitions, we are now the largest holder of claims in this very prospective basin,\"\n \n stated\n \n Nikolaos Cacos\n \n , President and C.E.O.\n \n \n The Pocitos Salar is located approximately 100 kilometres west of the town of\n \n San Antonio\n \n de los Cobres, the largest town in\n \n Argentina's\n \n high plain, and approximately 250 kilometres west of the provincial capital city of Salta.  The Provincial Route 17 and the natural gas pipeline-fed industrial park at the settlement of Pocitos are located 17 km to the east. The rail line that crosses the middle of the Pocitos West property joins Salta with the port of\n \n Antofagasta\n \n on the Chilean Pacific coast.  The present surface expression of the Pocitos Salar is approximately 57 kilometres north-south, and ap...