Argentina Lithium & Energy Corp (TSX-V:LIT, OTCQX:LILIF) CEO Niko Cacos spoke with Proactive about the company’s newly announced mineral resource estimate at its Rincon West property in northwestern Argentina.
Cacos described Rincon West as Argentina Lithium’s flagship asset, located in the heart of the Lithium Triangle—an area known for its large and cost-efficient brine lithium deposits.
He said the latest estimate was significantly better than expected, noting, “the resource that we put out today is... about 50% better than what we were expecting.”
According to Cacos, the combined Measured and Indicated resource totals 238,000 tonnes of lithium carbonate equivalent (LCE), with an additional 64,000 tonnes in the Inferred category.
The company believes there is strong potential to expand this resource further, both at depth and across three nearby projects that have yet to be drill-tested.
He also highlighted that one of Argentina Lithium’s major shareholders is automotive giant Stellantis, which holds a 90.9% stake in the company.
Looking ahead, Argentina Lithium plans to pursue both deeper exploration at Rincon West and assessments of neighbouring tenements.
The company is preparing to move forward with a preliminary economic assessment as the next step toward feasibility.
