Lithium South Development Corporation (TSE:LIS) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Lithium South Development Corporation has announced the completion of a significant 400-meter-deep pumping well at the Alba Sabrina claim in Argentina, which is part of their extensive Hombre Muerto North Lithium Project. Advanced geophysical testing by Zelandez has revealed promising porosity and specific yield rates, indicating the potential for high production capacity. The installation of a high-capacity pump, capable of extracting 40-50 liters of lithium brine per second, positions the company to leverage the well’s substantial resource potential.
For further insights into TSE:LIS stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue