Argentina Lithium & Energy reports positive results from the fourteenth exploration well at its Rincon West Project in Salta Province, Argentina. Sixteen representative 2.5 or 3 m brine samples collected over a 225-metre interval of RW-DDH-14 ranged from 277 to 379 mg/l lithium. "The fourteen exploration wells drilled at Rincon West have validated our belief that the property has competitive grade potential. All drill [...]
Argentina Lithium & Energy announces it is amending the terms of the Company's previously announced non-brokered private placement for the sale of: a minimum of 8,000,000 units of the Company at a price of $0.15 per Unit for aggregate gross proceeds of $1,200,000; and a maximum of 23,333,334 Units at the Offering Price for aggregate gross proceeds of $3,500,000.10. Red Cloud Securities Inc. will be acting as a finder in [...]
Argentina Lithium & Energy announces that the Company has made an application to the TSX Venture Exchange to extend the term of the outstanding warrants as follows: 35,767,948 warrants that are set to expire on November 21, 2024 to be extended to Nov 21, 2027. 36,340,948 warrants were originally issued on Nov 21, 2022 as part of the units issued under a private placement completed by the Company in Nov 2022. Subsequent to [...]
Argentina Lithium & Energy announces that it has received the exploration permit for the Paso de Sico mining concession, part of the Rincon West Project located adjacent to Rio Tinto's Rincon Project. The two-year permit is issued by the provincial Secretariat of Mines and Energy for exploration work including diamond and rotary drilling. The Company intends to mobilize a diamond drill shortly to begin a six-hole [...]
Argentina Lithium & Energy announces a non-brokered private placement for the sale of: a minimum of 13,333,334 units of the Company at a price of $0.15 per Unit for aggregate gross proceeds of $2,000,000.10; and a maximum of 23,333,334 Units at the Offering Price for aggregate gross proceeds of $3,500,000.10. Red Cloud Securities Inc. will be acting as a finder in connection with the Offering. Each Unit will consist of [...]
Argentina Lithium & Energy reports positive results from the thirteenth exploration well at its Rincon West Project in Salta Province, Argentina. A total of 24 representative 3 m brine samples collected over a 327-metre interval of RW-DDH-13 ranged from 269 to 340 mg/l lithium. "Our most recent drilling is located to test the highly prospective formations of sandy layers interspaced with crystalline halite, located along [...]
Argentina Lithium & Energy announces that over the past ten months it has fully exercised three option agreements for 100% interest in, subject to production royalties, 22 optioned properties totalling 25,391 hectares at the Company's Rincon West, Pocitos and Antofalla North Projects. ¨Following the receipt of the investment from Stellantis, we deployed the funds to secure a large portion of our most prospective optioned [...]
Argentina Lithium & Energy announces the completion of geophysical surveys at its Don Fermin property, part of the Company's Rincon West lithium project in Salta Province, Argentina. The results of these deep-seeking geophysical studies expand the potential extent of conductive brine aquifers at the project by nearly 600 hectares and have provided targets for a new 6-hole drill program at the project, for which permitting [...]
Argentina Lithium & Energy is pleased to announce the appointment of Mr. Pompeyo Gallardo as Vice President Corporate Development of the Company. Mr. Gallardo has 29 years experience in corporate finance. He is highly skilled in project structuring and project financing, with emphasis in joint venture transactions, metal streams, royalties, off-takes, metal pre-paids, and other forms of unconventional debt. Mr. Gallardo [...]
Argentina Lithium & Energy announces that the Company has made an application to the TSX Venture Exchange to extend the term of the outstanding warrants as follows: 16,630,000 warrants that are set to expire on August 11 and August 25, 2024 to be extended to August 11 and August 25, 2027 respectively. These warrants were originally issued under a private placement completed by the Company in 2 Tranches in August 2022. The [...]
Argentina Lithium Vice President of Exploration Miles Rideout joined Steve Darling from Proactive to share positive results from the 12th exploration hole at the Rincon West Project in Salta Province, Argentina. Brine samples collected over a 165-meter interval of RW-DDH-012 ranged from 322 to 371 mg/l lithium. The Rincon West Project covers 5,198.8 hectares of the salar basin, consisting of three property blocks adjacent [...]
Argentina Lithium & Energy reports positive results from the twelfth exploration hole at its Rincon West Project. Brine samples collected over a 165 metre interval of RW-DDH-012 ranged from 322 to 371 mg/l lithium. "Our ongoing drilling continues to evaluate the Rinconcita II concession that extends from our original claims, eastwards over the salt flat towards the neighboring Rio Tinto concessions. Our twelfth hole [...]