PepinNini SA (ASX:PNN) advises that it has signed an agreement in Argentina with Litio Minera SA a subsidiary of Ganfeng Lithium, for a pipeline to carry lithium brine from Ganfeng’s Mariana Project in Salta Province.
The pipeline is proposed to run from Ganfeng’s Mariana Project south west of the Santa Ines Project owned by PNN SA to the north east passing through the Santa Ines Project en-route.
The agreement provides for PepinNini and Ganfeng to jointly carry out an Induced Polarisation(IP) geophysical survey on 11 km of the pipeline trace proposed within PNN SA’s Santa Ines Project.
Both parties will contribute to the survey cost, which highlights the working relationships between lithium brine companies in Argentina.
The 12 day survey will commence in October and provide a useful interpretive tool for both parties. For PepinNini it will be an exploration tool for copper-gold mineralisation targets for drill testing while it will give Ganfeng reassurance that the pipeline trace will not require relocation in the event of a mineral discovery.
PepinNini said the pipeline is a more environmentally-friendly option than road for brine transport.
The company also plans to conduct a two-borehole drilling programme at two priority copper-gold targets on the Santa Ines Project.
For further information please visit: https://www.pepinnini.com.au/