American Salars Lithium Inc. has expanded its Pocitos Project by 1,635%, now covering 13,880 hectares, making it the second largest property holder in Argentina’s Lithium Triangle. The company aims to acquire up to 100% of the project and enhance its production potential through further exploration and studies.
American Salars Lithium Inc. has dramatically expanded its Pocitos Project in Argentina’s Lithium Triangle by 1,635%, now encompassing 13,880 hectares. This expansion positions the company as the second largest holder in the Salar de Pocitos area, significantly enhancing its lithium production potential. The expansion is accompanied by a Letter of Intent Agreement, aiming for a complete acquisition of the Salar De Pocitos Project, which has undergone extensive historical exploration.
The expansion of the Pocitos Project by American Salars Lithium Inc. represents a substantial growth opportunity within the lithium sector. By strategically increasing its landholdings and pursuing further studies towards production, the company is poised to capitalize on the burgeoning demand for lithium, benefiting its stakeholders while reinforcing its competitive position.
Original Source: www.tipranks.com
