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Lithium South Development Corporation

11:17 AM EST - Lithium South Development Corporation : Provided an update on the continued evaluation of Direct Lithium Extraction (DLE) technology for its Hombre Muerto North Lithium Project (HMN Li Project), located in Salta Province , Argentina. LIS is working with Eon Minerals Inc. (EMI), a Miami, Florida based technology company. EMI is headed by Mr. Fernando Villarroel , Vice-President and a director of the Company. The EMI process is an innovative absorbent consisting of specific nanoparticles and is currently patent pending at the United States Patent Office. A 2,000-liter brine sample has been received at the EMI laboratory in Salta, and test work is anticipated to begin this week. Lithium South Development Corporation shares V.LIS are trading off cents at $0.50.