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XTC Lithium sets focus on Carachi project in South America’s renowned Lithium Triangle

Last updated: 02:25 02 Oct 2023 BST, First published: 04:00 19 Sep 2023 BST

Snapshot

  • Xantippe Resources reaches agreement with vendor to extend Luz Maria payment
  • Exploring the heart of the Lithium Triangle: Xantippe Resources
  • Xantippe Resources "moving forward" with Argentina lithium project
lithium battery

About the company

XTC Lithium Ltd aims to be a provider of sustainable, high purity battery grade lithium, utilising new technologies and leveraging strong local partnerships to develop its Carachi lithium brine project in Argentina.​

How it is doing

02 Oct 2023

Xantippe Resources Ltd (ASX:XTC, OTC:XTCPF) has reached an agreement with Crydon, a company associated with XTC director Juan Santos and his family, to extend the final payment terms on the Luz Maria tenement in Catamarca, Argentina to February 23, 2024.

XTC acquired the rights to Luz Maria, Rita, Rita I and La Sofia when it exercised its option to acquire Carolina Lithium in 2022, whose subsidiary Arlupo held the rights to the tenements which constitute the Carachi Pampa Lithium Project.

The Luz Maria tenement spans more than 3,383 hectares on the Carachi Pampa salt flats and is prospective for lithium brine deposits.

Near Lake Resources’ flagship Kachi project, the property is central to XTC’s exploration focus in Catamarca, Argentina commencing in the fourth quarter.

31 Aug 2023

Xantippe Resources Ltd (ASX:XTC, OTC:XTCPF) has mobilised a dedicated team in Argentina to undertake preliminary studies and assess processing options for the Carachi Lithium Project in the lithium-rich Catamarca Province.

The studies will focus on conventional processing technologies including traditional pre-evaporation pond systems, different concentration technologies and associated lithium carbonate plant.

16 Aug 2023

Xantippe Resources Ltd (ASX:XTC, OTC:XTCPF) has shuffled its executive team as it doubles down on current and potential projects in Latin America. 

John Featherby will serve as non-executive chairman after stepping down from his executive role and will continue to assist Xantippe with its Australian investments via 100%-owned subsidiary XTC Investments Australia Pty Ltd, role.

Insight: Exploring the heart of the Lithium Triangle: Xantippe Resources

12 Jan 2023

When you think of famous triangles, a few examples spring to mind.

There’s the Bermuda Triangle, a deadly urban legend rumoured to terrorise ships navigating the North Atlantic, or the Great Pyramid of Giza, an emblem of early human engineering and an ancient wonder.

What management says

09 Nov 2022

Christopher Ecclestone, Hallgarten & Company mining strategist, speaks to Proactive about Xantippe Resources Ltd (ASX:XTC, OTC:XTCPF), a company active in South America's "lithium triangle." 

Xantippe's focus is currently on exploring its Catamarca project in northern Argentina.

Ecclestone describes Argentina as "virtually the Saudi Arabia of lithium" and "wide open for business," while the "exceedingly high lithium price" is currently supporting strong production margins for the mineral. #proactiveinvestors #xantippe #lithium

Xantippe Resources "moving forward" with Argentina lithium project

Christopher Ecclestone, Hallgarten & Company mining strategist, speaks to Proactive about Xantippe Resources Ltd (ASX:XTC, OTC:XTCPF), a company active in South America's "lithium triangle."  Xantippe's focus is currently on exploring its Catamarca project in northern...

on 9/11/22