Lithium Energy Receives Second Argentine EIA Approval
THE BOURSE WHISPERER: Lithium Energy (ASX: LEL) has gained a second Environmental Impact Assessment (EIA) approval from the local Jujuy Provincial Government Mining Authority to undertake exploration works at the company’s Solaroz lithium brine project in Argentina.
The second approval will allow Lithium Energy to commence exploration works on the Mario Angel tenement, which is located at the western side of the Salar de Olaroz basin.
Mario Angel is approx. six kilometres west from the Allkem’s lithium brine production bore fields used for extraction of lithium brine from the Olaroz Salar for subsequent processing at Allkem’s Olaroz Lithium Processing Facility.
Mario Angel is the second of eight mineral tenements located in the Olaroz Salar held by Lithium Energy.
The company anticipates this second EIA approval will result in approvals for the remaining six tenements to be received shortly.
“The receipt of the second of the Government approvals to start exploration at Solaroz is another important milestone for Lithium Energy and a further positive endorsement by the Argentinian Government Authorities of the Solaroz lithium project,” Lithium Energy executive chairman William Johnson said in the company’s ASX announcement.
TO READ THE FULL ANNOUNCEMENT: CLICK HERE
Email: info@lithiumenergy.com.au