Lithium Americas Confirms Positive COVID-19 Cases at Caucharí-Olaroz and Temporarily Suspends Construction
July 06 2020 - 8:00AM
Lithium Americas Corp. (TSX: LAC) (NYSE:
LAC) ("Lithium Americas" or the "Company") announces that
workers at the Caucharí-Olaroz lithium project
(“
Caucharí-Olaroz” or the
“
Project”) in Jujuy, Argentina tested positive for
COVID-19. As a result, the COVID-19 protocol (the “
COVID-19
Health and Safety Protocol”) for Caucharí-Olaroz has been
activated with construction activities temporarily suspended while
additional testing is undertaken.
On the afternoon of July 3rd, two workers tested
positive for COVID-19. These workers are asymptomatic, in good
health and have been provided with safe and preventative
quarantine. In response, disinfection activities, quarantine and
testing of first and second contact workers on site was implemented
using polymerase chain reaction (“PCR”) tests as
well as all other required actions in accordance with the COVID-19
Health and Safety Protocol.
Consequently, non-essential activities at site
have been temporally suspended to focus on the health and safety of
the Caucharí-Olaroz workforce, while enhanced health and safety and
PCR testing is being carried out. The Project team continues to
engage with the Jujuy Province, local communities and stakeholders
to protect the safety and health of all workers and nearby
communities and will continue monitoring the situation closely as
additional PCR tests results are received.
About Lithium
Americas:
Lithium Americas is developing Caucharí-Olaroz
in Jujuy, Argentina with 50/50 joint venture partner, Ganfeng
Lithium. In addition, the Company is developing the 100%-owned
Thacker Pass lithium project in Nevada, USA. The Company trades on
both the Toronto Stock Exchange and on the New York Stock Exchange,
under the ticker symbol “LAC”.
For further information contact:Lithium Americas
Corp.Investor RelationsSuite 300 – 900 West Hastings
StreetVancouver, BC, V6C 1E5Telephone:
778-656-5820Email: ir@lithiumamericas.comWebsite:
www.lithiumamericas.com
Forward-Looking
Statements:
This news release contains “forward-looking
information” and “forward-looking statements” (which we refer to
collectively as forward-looking information) under the provisions
of applicable securities legislation. All statements, other than
statements of historical fact, are forward-looking information.
Examples of forward-looking information in this news release
include, among other things, the Company’s response to the COVID-19
outbreak and the expected duration of the suspension of
construction activities for the Project.
Forward-looking information is based upon a
number of factors and assumptions that, if untrue, could cause the
actual results, performances or achievements of the Company to be
materially different from future results, performances or
achievements expressed or implied by such information. Such
information reflects the Company’s current views with respect to
future events and is necessarily based upon a number of assumptions
that, while considered reasonable by the Company today, are
inherently subject to significant uncertainties and contingencies.
These assumptions include, among others, the impacts of COVID-19
globally and in Jujuy Province, the reaction of local communities
and governments to the COVID-19 outbreak, and the ability to
successfully contain the outbreak on site.
Forward-looking information also involves known
and unknown risks that may cause actual results to differ
materially, these risks include, among others, inherent risks in
development of capital intensive mineral projects (including as
co-owners), governmental or community policy, political risk
associated with foreign operations, permitting risk, including
receipt of new permits and maintenance of existing permits, title
and access risk, health and safety risks, and general market and
industry conditions. Additional risks, assumptions and other
factors are set out in the Company’s management discussion analysis
and most recent annual information form, copies of which are
available on SEDAR at www.sedar.com.
Although the Company has attempted to identify
important risks and assumptions, given the inherent uncertainties
in such forward-looking information, there may be other factors
that cause results to differ materially. Forward-looking
information is made as of the date hereof and the Company does not
intend, and expressly disclaims any obligation to update or revise
the forward-looking information contained in this news release,
except as required by law. Accordingly, readers are cautioned not
to place undue reliance on forward-looking information.
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