TSX-V: LIS | OTCQB: LISMF | Frankfurt: OGPQ

Slide

New Lithium Extraction Technology

Modernizes Lithium Recovery

Lithium south development corporation

Fueling the power revolution

Slide

New Lithium Extraction Technology

Modernizes Lithium Recovery

Lithium south development corporation

Fueling the power revolution

Fueling the power revolution

The global shift to renewable energy has created increased demand for battery grade lithium.  Lithium South is developing its Hombre Muerto North Lithium Project to supply future demand. The Company objective is to move the project to production in the near future, utilizing Direct Lithium Extraction Technology. This new extraction method requires a much smaller environmental footprint, with significantly higher lithium recovery rates.

Lithium South Begins Drilling at Alba Sabrina Claim Block HMN Li Project, Argentina

June 21, 2022 / Vancouver, BC / Lithium South Development Corporation (the “Company”) (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) is pleased to...

Lithium South Retains Groundwater Insight for Resource Calculation

May 11, 2022 / Vancouver, BC / Lithium South Development Corporation (the “Company”) (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) is pleased to...

Lithium South Drill Program to Begin at Alba Sabrina Claim Block

April 26, 2022 / Vancouver, BC / Lithium South Development Corporation (the “Company”) (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) is pleased to...

Lithium South Completes Environmental Baseline Study

March 17, 2022 / Vancouver, BC / Lithium South Development Corporation (the “Company”) (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) is pleased to...

Lithium South Announces Final Property Payment on 3287 Hectare Hombre Muerto North Lithium Project

March 3, 2022 / Vancouver, BC / Lithium South Development Corporation (the “Company”) (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ). Lithium South...

Our Flagship Lithium Project

Hombre Muerto North

GRADE – One of the highest lithium concentrations of any salar in Argentina

IMPURITES – Low Magnesium to Lithium Ratio

PROJECT – Located within the lithium triangle known for lithium production

INNOVATION – Establishing direct lithium extraction and avoiding the use of large evaporation ponds.

Project Highlights

Mining Friendly Salta Province, Argentina

  • History of lithium production
  • Mining friendly jurisdiction
  • Prime location in
    Hombre Muerto Salar
  • Excellent access with current infrastructure
  • Project claim surrounded by Korean giant POSCO

High Quality Brine Resource

  • High grade lithium brine – 756 mg/L
  • Low Mg/Li ratio – 2.6:1
  • M&I Resource of .57 Mt LCE
  • Projected mine life of 30 years
  • Reduced environmental footprint
  • Quality brine equates to lower Capital Expenditure

Solid 2019 PEA Results

  • Preliminary Economic Assessment indicates robust economics
  • NPV (8% Discount) – US $217 million
  • CAP EXPENDITURE – US  $98 million
  • IRR (post-tax) – 28%
  • PAY BACK (from production) – 2 years, 5 months
  • Pre-feasibility underway
  • Current LCE market price considerably higher than 2019

Qualified Proven Team

  •  Very strong technical lithium experience
  • Office and laboratory located in Salta, Argentina
  • World renowned, Vijay Mehda, technical consultant and qualified person
  • Marcela Casini, senior geologist / hydrologist

Technology Innovation

  • Direct Lithium Extraction (DLE), potential industry game changer
  • DLE allows recovery without large evaporation ponds
  • Potentially, double lithium recovery
  • Recovery takes hours, not years
  • Reduce production lead time with smaller environmental footprint
  • Company evaluating three unique DLE technologies

Staged & Work Completed

  • Two production wells drilled and cased
  • Environmental Impact Report underway
  • TEM survey results confirmed resource expansion potential
  • 2022 drill program – road and pad construction underway
  • Acquired, Sophia claim block nearby for potential water source and location of future plant and processing facilities

Adoption of NEW Technology in Lithium Brine Extraction

Lithium South is staged to use Direct Lithium Extraction (DLE) technology to remove lithium compounds from brine. 

– faster
– less cost
– less water
– less ecological impact

Comparison diagram of Conventional versus Direct Lithium Extraction technology

LITHIUM SOUTH – thinking beyond the pond

Lithium South developing its flagship HMN Li Project at record speed

ACQUISITION

November 3, 2018

Lithium South (formerly NRG Metals) completes acquisition of Hombre Muerto North Lithium Project (HMN Li Project) and issues options.

HIGH GRADE LITHIUM CONFIRMED

June 29, 2018

Brine sample results of first drill hole confirm high grade lithium – 918 mg/L lithium – at Tramo claim block.

LCE MEASURED & INDICATED MAIDEN RESOURCE

October 3, 2018

The NI 43-101 resource statement shows an average Lithium Carbonate Equivalent (LCE) of 756 mg/liter lithium, with a low lithium to magnesium ratio of 2.6 to one.

POSITIVE PEA RESULTS

April 29, 2019

Preliminary Economic Assessment (PEA) completed with positive results for the production of lithium carbonate at the HMN Li Project. Results based on $12,000 tonne LCE.

DIRECT LITHIUM EXTRACTION

September 29, 2020

Direct Lithium Extraction (DLE) test work initiated. The process under development would potentially shorten lithium recovery time and provide higher recovery of lithium.

99% LITHIUM RECOVERY WITH ION EXCHANGE PROCESS

April 13, 2021

Lilac Solutions of Oakland California, a lithium extraction company providing technology and services to lithium brine developers, achieves 99% lithium recovery with Liliac’s Ion Exchange Process using Lithium South HMN lithium brine.

BATTERY GRADE Li2CO3 TEST WORK

October 19, 2021

Lithium Carbonate Equivalent (LCE) battery grade test work initiated with Eon Minerals, Inc. of Salta, Argentina, using Direct Lithium Extraction (DLE) technology with Lithium South HMN brine.

ENVIRONMENTAL STUDY BASELINE SUBMISSION

July 22, 2021

Company Vice President, Fernando Villarroel is quoted: “We are very pleased with the progress made to date for environmental permitting. Conclusion of the baseline study will provide a key element of the planned Feasibility Study.”

TEM RESULTS CONFIRM RESOURCE EXPANSION

October 4, 2021

Time Domain Electromagnetic (TEM) study identifies additional lithium resource potential at Alba Sabrina claim block. The Alba Sabrina claim block is the largest block in the package.

LITHIUM RESOURCE EXPANSION DRILL PROGRAM

December 9, 2021

Based on the recent TEM results, three core wells are planned for the Alba Sabrina claim block. The Alba Sabrina claim block, 2,089 hectares and the largest block of the HMN Li Project, has never been drill tested. Road and pad construction will provide access to the three well locations.

ENVIRONMENTAL BASELINE STUDY COMPLETE

March 17, 2022

Completion of the Environmental Baseline Study is an important milestone for the development of the HMN Lithium Project and a key component toward the completion of a Feasibility Study.

The Coming Lithium Revolution

“We’re talking terawatt scale. The goal is complete transformation of the entire energy infrastructure of the world.”

Elon Musk, Bloomberg