The Rincon Lithium Project currently comprises up to ~2,572 hectares of Mining Titles within the Salar del Rincon in Salta Province, Argentina.
The Mining Titles are 100% owned by Puna Mining and/or Argosy has legal, secure, binding and exclusive option rights to complete 100% acquisition of the properties
The Project is located in the elevated and arid Puna region of Argentina and forms part of a number of highly mineralised salars in production and development.
Geological studies within the Salar del Rincon show historical sample values that are promising for further studies to determine a potential development perspective. Historical data and records within the Rincon Project have been investigated by Mr Alurralde and will be used to assist with the Company’s works programs, however no feasibility studies have been completed within the Project area. The Project area is serviced by high quality infrastructure including access via all-seasons roads, electrical power, a terminus for a natural gas pipeline and road and railway to Antofagasta port facilities in Chile.
The Rincon Lithium Project located in the world-class “Lithium Triangle” – the world’s dominant source of lithium production:
Stage 1 plant operational & targeting initial production of battery grade LCE product
Stage 2 works progressing ahead of schedule
For Stage 3, pending successful development and production from Stage 2, the Company will consider the best development pathway to ultimately target commercial production from the Project and then earn its ultimate 90% interest in the JV Entity.
NEAR TERM KEY MILESTONES