Lithium South Development Corporation

Lithium South Development Corporation is a lithium exploration and development company focused on advancing its 100% owned Hombre Muerto North Lithium Project (HMN Li Project) in Salta Province, Argentina.

The HMN Li Project is located on the Hombre Muerto salar, a proven lithium brine salar that currently hosts active production operations. Lithium South has delineated a lithium and potassium brine resource at the project estimated to contain 1.58 million tonnes of lithium carbonate equivalent, positioning it as a potential development project. 

The company plans to install production wells and a pilot evaporation plant at the HMN Li Project. The pilot plant will allow the company to test brine evaporation processes as a method for lithium recovery. Lithium South aims to ultimately develop a commercial-scale lithium operation at Hombre Muerto.

Lithium South is working to expand the resource further through ongoing exploration drilling and analysis. The company is well funded following financings in 2021 and 2022, holding approximately CAD$4.6 million in cash as of June 2023.