American Salars expands Argentinean feast with acquisition of Cauchari lithium brine project

A group of scientists from the Instituto Milenio Ckelar Volcanoes found evidence of a possible saline aquifer under the volcano maar Cerro Overo, located in the Antofagasta Region, opening up a new scientific possibility on the origin of lithium in the highland brine. The highland area of Chile, Argentina and Bolivia, houses more than 50% of the world’s lithium reserves, a chemical element that is now desired in the electromobility industry.

American Salars expands Argentinean feast with acquisition of Cauchari lithium brine project

American Salars acquiring the Cauchari Ines 01 lithium brine project in Argentina Sampling at the project has returned up to 383ppm lithium below the salt crust Project is close to existing plays such as Rio Tinto’s Rincon salar   Special Report: Canadian-listed American Salars is moving to expand its Argentinean portfolio with the signing of a letter of intent to acquire the Cauchari Ines 01 lithium brine project. The Cauchari project covers ab…