Stocks in play: Lithium South Development Corp
Announces the completion of NM01, the final hole of the current resource expansion program at the Hombre Muerto North Lithium Project, Salta Province, Argentina. The hole is located on the Natalia Maria Claim Block, a 115 hectare area strategically located on the salar. Drilling at NM01 has intersected brine-bearing interbedded sediments and fractured halite from surface to a depth of approximately 200 meters. Below that, to the final borehole depth of 375 meters, the halite has lower permeability. Nine packer samples have been collected between 24 and 189 meters, with a density range of 1.215 to 1.218 g/mL and a conductivity range of 196.3 to 209.5 mS/cm. Samples will be sent to Alex Stewart Laboratories (ISO Certified Mendoza, Argentina) for analysis. Lithium South Development Corp shares V.LIS are trading unchanged at $0.61.
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