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Lithium South Progresses Towards Formal Agreement for Hombre Muerto North Project

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Lithium South Progresses Towards Formal Agreement for Hombre Muerto North Project

The latest announcement is out from Lithium South Development ( (TSE:LIS) ).

Lithium South Development Corporation is advancing towards a formal agreement with a Party of Interest for the cooperative development of its Hombre Muerto North Lithium Project in Argentina. The company reports substantial progress in due diligence and has extended the exclusivity period of their Letter of Intent to May 3, 2025, indicating a significant step forward in their project development plans.

More about Lithium South Development

Lithium South Development Corporation is a company focused on the lithium industry, owning 100% of the Hombre Muerto North Lithium Project located in Salta and Catamarca Provinces, Argentina. This project is situated in the lithium triangle, an area known for its significant lithium production history. The company has delineated a substantial lithium carbonate equivalent resource and aims to develop a large-scale lithium carbonate project.

YTD Price Performance: -5.00%

Average Trading Volume: 142,280

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$10.47M

Find detailed analytics on LIS stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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