VANCOUVER, BC, May 27, 2021 /CNW/ -- Lithium South
Development Corporation (the "Company") (TSX-V: LIS)
(OTCQB: LISMF) (Frankfurt OGPQ) is pleased to announce the
appointment of Marcela Casini as
Senior Consulting Geologist, and Qualified Person. Ms. Casini has a
distinguished career in the lithium exploration and development
industry in Argentina.
Upon graduating from Cordoba
University in Argentina, she
worked for Rio Tino as a field
geologist exploring salars in the Puna region of Northwest Argentina. From 2009 to
present Ms. Casini has worked for the Cauchari Olaroz lithium brine
project, a joint venture with Lithium Americas Corp. and Ganfeng
Lithium Co, where she is responsible for the well field of a
projected 40,000 tonne per year lithium operation. In
addition to that, since 2016 she has consulted to PepinNini
Minerals regarding the exploration and development of lithium
resources at the Rincon and Pular salars.
Adrian F.C. Hobkirk, CEO and
President of Lithium South, said: "We are very fortunate to have
Ms. Casini assist and guide us in the further development of the
HMN Lithium Project, including the potential expansion of the
current resource. Over the past five years, she has been
acting as an independent consultant for several companies, advising
for new exploration targets and helping them to estimate the
Lithium potential and resource /reserve estimation in salt lakes
and surrounding areas. We look forward to her future
contributions and the start of our drill program."
About Lithium South
Lithium South is focused on developing the Hombre Muerto North
Lithium Project (HMN Li Project), located on the Hombre Muerto
Salar, a major lithium-producing salar in Argentina. The property is adjacent to
land under development by the Korean multinational corporation
POSCO, which acquired the ground from Galaxy Resources Ltd. for US
$280 million. The Company
completed a Preliminary Economic Assessment of the HMN Li Project
in 2019, utilizing conventional evaporation extraction. The
Company is focused on evaluating alternative extraction methods for
the HMN Li Project and plans to become a leader in the application
of Direct Lithium Extraction technology at the project level.
The technical and scientific information contained in this news
release was reviewed by Mr. William
Feyerabend, a Consulting Geologist and Qualified Person
under NI 43-101. Mr. Feyerabend participated in the production of
this news release.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release. The TSX Venture Exchange has not reviewed the content
of this news release and therefore does not accept responsibility
or liability for the adequacy or accuracy of the contents of this
news release.
This news release contains certain "forward-looking statements"
within the meaning of Section 21E of the United States Securities
and Exchange Act of 1934, as amended. Except for statements of
historical fact relating to the Company, certain information
contained herein constitutes forward-looking statements.
Forward-looking statements are based upon opinions and estimates of
management at the date the statements are made and are subject to a
variety of risks and uncertainties and other factors which could
cause actual results to differ materially from those projected in
the forward-looking statements. The reader is cautioned not
to place undue reliance on forward- looking statements. There can
be no guarantee that the transaction being contemplated, the sale
of the HMN Lithium Project, will complete as announced or at all.
We seek safe harbor.
On behalf of the Board of Directors
Adrian F. C. Hobkirk
President and Chief Executive Officer
Investors / Shareholders call 855-415-8100 / website:
www.lithiumsouth.com
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SOURCE Lithium South Development Corporation