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Lithium South Development Corp

09:32 AM EST - Lithium South Development Corp : Reports that with the completion of a 10-hole resource expansion drill program, and evaluation of the results by Groundwater Insight Inc of Halifax, Nova Scotia, Canada, the Company is pleased to announce a 175% increase in the total lithium brine resources at the Hombre Muerto North Lithium Project (HMN Li Project), located in Salta Province, Argentina. The resource is a combination of the in situ contained lithium at the Alba Sabrina, Natalia Maria, and Tramo claim blocks. The total resource has increased from 571,000 tonnes to 1,583,100 tonnes LCE at an average grade of 736 mg/L lithium with a low average magnesium (a brine contaminant) to lithium ratio of 3.27. Lithium South Development Corp shares V.LIS are trading up $0.02 at $0.45.

Full Press Release: https://www.baystreet.ca/quotedata/quote.aspx?ticker=LIS%3ACA&qmodStoryID=7676523346768138