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Lithium South Expands Production Goals with Updated PEA and Strategic Team Addition
Lithium South Expands Production Goals with Updated PEA and Strategic Team Addition Can...
About this update from Lithium South Development Corporation
[{"type":"text","content":"\n \n \n \n Lithium South Expands Production Goals with Updated PEA and Strategic Team Addition\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 \n VANCOUVER, BC\n \n \n ,\n \n \n Oct. 18, 2023\n \n \n /CNW/ --\n \n Lithium South Development Corporation\n \n (the \"Company\") (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) is pleased to announce that it has selected Knight Piésold Consulting (KP) and JDS Energy & Mining (JDS) to prepare an updated National Instrument 43-101 Preliminary Economic Assessment (PEA) on its flagship Hombre Muerto North Lithium Project (HMN Li Project), located in\n \n Salta Province\n \n ,\n \n Argentina\n \n . The report will use the new HMN Li Project upgraded resource of 1.58 million tonnes Lithium Carbonate Equivalent (LCE). It will also take into consideration current market conditions and pricing for LCE. The report will use an Initial Design Capacity (IDC) of 15,000 tonnes per year LCE production. This IDC could be expanded as further project resources and pumping areas are identified.\n \n \n \n \n \n \n \n The Company has selected low risk, industry proven conventional evaporation as the means of lithium recovery. To optimize this process, the Company is pleased to announce it has retained Mr. Peter Ehren, MSc. of Raw Materials Technology as the primary engineer for Process Optimization and as a Qualified Person (QP) for the PEA and NI 43-101 Technical Report. Mr. Ehren has extensive experience with lithium projects across world, especially in\n \n Argentina\n \n and\n \n Chile\n \n . As Process Engineer, he was responsible for the design of flagship projects such as Salar de Olaroz of Sales de Jujuy (Allkem-Livent New Co), the Pastos Grandes (Millennium Lithium, now owned by Lithium Americas), and Salar de Maricunga (Lithium Power International). With the direction of Mr. Ehren, the Company is targeting lithium recovery improvements from the current 50% to approximately 70%.\n \n \n KP will provide the engineering design, cost estimation, infrastruc...