American Salars Lithium Inc. is focused on expanding its highly prospective portfolio of lithium projects in Argentina and the United States. The Company’s primary focus is the expansion and development of its Argentina-based 3,000 Hectare Candela II Lithium Brine Project which hosts an inferred NI-43 101 457,000 tonne lithium carbonate equivalent (LCE) resource open for expansion. The 100% owned Pocitos 1 Lithium Salar Project is the Company’s second Argentina asset covering 800 hectares near the town of Salta. Pocitos 1 shares a NI 43-101 Resource Estimate consisting of an inferred 760,000 tonne lithium carbonate equivalent (LCE) across Pocitos 1 and its neighboring Pocitos 2 blocks. The Company’s lithium portfolio also includes the Blackrock South Lithium Brine Project located 72 Miles North of the Tesla Gigafactory in the state of Nevada.
Global Supply
Global Demand (2035)
Countries phasing out fossil fuel cars in the next 10-30 years
Pocitos I - Salta, Argentina Pocitos I is a 100% owned 800-hectare lithium brine project located in the Salar de Pocitos, in the lithium-rich Puna region of northwestern Argentina. The basins in this area produce over 52% of the lithium brine resources in the World. Project Summary WSP Australia completed a
Candella II Lithium Project - Incahusai Salar, Argentina The Inchuasi Salar and basin in the Salta province of northwestern Argentina supports conditions for quality lithium mines at depth. This basin is impacted by the Cerro Aracar and Pular volcanos, contributing lithium to the salt through aquifers. Easily accessible by road,
Black Rock South- Nevada Black Rock Desert basin is about 110 km long and up to 25 km wide at the widest point. The central playa measures about 50 km northeast - southwest and 10 km southeast - northwest. The western arm of the Black Rock Desert covers an area
Quebec Portfolio The Gaspe Region’s Lithium properties are road accessible. A couple of large areas with historic grab samples ranging from 255 ppm to 30 ppm Lithium. The areas with the historic results is an approximate target size of 300m by 400m. The grab samples were mentioned to be serpentinite
Other Properties The Isla Property is located approximately 16 km to 22 km southwest of the town of Campbell River, British Columbia, Canada (Figure 1). Isla Property consists of six contiguous Mineral Claims covering approximately 4,295.1 hectares. The Mineral Claims are registered in the Nanaimo Mining Division of British Columbia