Argentina Lithium & Energy
Primary ticker: OTC:PNXLF, FSE:QAY, TSXV:LIT
Stage of development: Exploration
Primary minerals: Lithium
Project to promote: Rincon West, Antofalla North, Pocitos, Incahuasi
Project location: Argentina
Website: www.argentinalithium.com
Argentina comprises a significant portion of the Lithium Triangle, which is home to more than half of the world’s resources of lithium. Argentina Lithium & Energy Corp. is a member of the Grosso Group, a resource management team that pioneered the mineral exploration industry in Argentina and has operated there since 1993. The group has made four exceptional metal deposit discoveries, and it broadened its focus to include alternative fuels in the mid 2000’s. The Grosso Group has been following the lithium battery sector and believes this is the time to expand its efforts in lithium resource development in the highly prospective Argentinean portion of the Lithium Triangle. The Grosso Group leverages its vast network of local, regional and international industry contacts to support the exploration team in their search for quality resource opportunities.
Cash: CAD$4,000,000
Debt: NIL
Financials
Management Profile
Miles Rideout – VICE PRESIDENT EXPLORATION
Mr. Rideout has 34 years of experience in advanced exploration practice, responsible business management, scientific team building, and mining integration with local communities and indigenous peoples.
In recent positions, Mr. Rideout has directly managed the acquisition and exploration of dozens of lithium properties in northern Argentina. Previously he served 5 years as CEO of Latin American Minerals, Inc. (TSX VENTURE:LAT), advancing gold and diamond projects in Paraguay, and 23 years with Quantec Geoscience, Inc., where he initiated operations in South America and managed subsidiaries in several countries. He has experience in mine permitting, financing, construction, and operations (implemented the first operating mine in Paraguay). In addition, Mr. Rideout has deep expertise with all major geophysical technologies applied within the mining industry, and decades of experience working with many of the most successful exploration teams in South America. He participated in the discovery of several world-class deposits including the Collahuasi and Ujina copper-porphyry deposits, Veladero epithermal gold deposit, and Navidad VMS/epithermal silver deposit. Mr. Rideout holds a B.Sc. with Honors Certificate in Geophysics, from the University of Western Ontario (1987). Fluent in English and Spanish, he has lived in Mendoza, Argentina for more than 20 years.
What is your rationale for taking part in 121 Mining Investment?
We would like to meet investors as we will be undertaking a financing by way of a Non-broker Private Placement
What recent news would you like to highlight to investors attending?
August 25, 2022
Argentina Lithium Closes Non-Brokered Private Placement and Acquisition of Rinconcita II at Salar de Rincon
July 21, 2022
Argentina Lithium Expands Salt Flat Holdings at Salar de Rincon
July 13, 2022
Argentina Lithium Discovers Positive Lithium Results in Initial Drilling at Rincon West
https://argentinalithium.com/news/
What are your key goals in 3 months, 6 months, 12 months?
3 Months:
Continue Drilling
6 Months:
Work toward a Preliminary Economic Assessment
12 Months:
Work toward a Pre Feasibly Study
What do you think makes your company such a compelling investment?
We are expert exploration people with a proven track record of discovery and in the Lithium space.
What are the top 3 key investor takeaways?
Proven Management
Lithium Space
Good results coming in