09:32 AM EST - Lithium South Development Corp : Provides an update regarding the ongoing development of the HMN Li Project, located on the Hombre Muerto salar, in Salta Province, Argentina. Company President and CEO, Adrian F. C. Hobkirk is quoted, "We are excited to be nearing the completion of our first deep pumping well at the Alba Sabrina claim block. We look forward to pumping test results." The Preliminary Economic Assessment announced October 18, 2023, is nearing completion. Knight Piesold Consulting and JDS Energy and Mining are now completing the financial model. Full results are expected shortly. The PEA will have an Initial Design Capacity of 15,000 tonnes per year Lithium Carbonate Equivalent. Lithium South Development Corp
shares V.LIS are trading unchanged at $0.45.
Full Press Release: https://www.baystreet.ca/quotedata/quote.aspx?ticker=LIS%3ACC&qmodStoryID=5309387291072451
