Energy From Experience
Stock Code:
TSXV: LIT | OTC: PNXLF
Company Exposure:
Lithium | Battery Metals
Project Locations:
Argentina
The global demand for a cleaner, greener future is a goal which Argentina Lithium & Energy Corp. (TSXV: LIT, OTC:PNXLF, FSE:OAY2) believes it can support through exploration for alternative fuel materials. Lithium batteries have become the front-running rechargeable energy storage medium, particularly for the rapidly growing electric vehicle industry, creating a strong demand forecast for lithium.
Argentina comprises a significant portion of the Lithium Triangle, which is home to more than half of the world’s resources of lithium. Argentina Lithium & Energy Corp. is a member of the Grosso Group, a resource management team that pioneered the mineral exploration industry in Argentina and has operated there since 1993. The group has made four exceptional metal deposit discoveries, and it broadened its focus to include alternative fuels in the mid 2000’s. The Grosso Group has been following the lithium battery sector and believes this is the time to expand its efforts in lithium resource development in the highly prospective Argentinean portion of the Lithium Triangle. The Grosso Group leverages its vast network of local, regional and international industry contacts to support the exploration team in their search for quality resource opportunities.
Investment Highlights
- Argentina Lithium & Energy believes that a combination of high geologic potential and a promising demand climate have set the conditions for delineating and advancing new lithium resources in Argentina.
- Exploring the Prolific Lithium Triangle
- Over 57,000 hectares of claims on four salars in pro-mining provinces
- Year-round access available to all properties on existing road network
- Lithium Triangle produces ~1/2 of the world’s lithium
- Argentina produces ~10% of the world’s lithium and is a top-5 global producer (2020)
- Argentine government is encouraging foreign investment and renewable energy initiatives
