Argentina Lithium & Energy Corp

XTSX:LIT

Argentina Lithium & Energy Corp. operates as a junior mineral exploration company, engaging in the acquisition, exploration, and evaluation of natural resource properties in the Americas and Argentina. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2003-12-02. The firm comprises a portion of the Lithium Triangle. The Lithium Triangle hosts approximately 60% of the known lithium reserves. Incahuasi Lithium project has approximately 25,000 hectares of the Incahuasi Salar and basin in Catamarca province. The Incahuasi salar is located in the province of Catamarca in the high plateau region of northwestern Argentina, at an altitude of approximately 3300 meters above sea level. The salar is located in a hyper-arid region, receiving on average less than 30 millimeters of rain per year. The Antofalla project has approximately 9,000 hectares of mining claims, plus an additional 5380.5 hectares under option, in the north end of the Salar de Antofalla. The project is approximately 150 kilometers long and 5-7 kilometers wide and is situated at 3,900 meters elevation.