Grosso Group

Argentina Lithium Raises C$4,99M In First Two Tranches Of Non-Brokered Private Placement, Expects To Raise C$6.75M In Total

Salar de Rincon; Salta province, Argentina

Argentina Lithium & Energy Corp. (TSX-V: LIT, FSE: OAY1, OTC: PNXLF) seems to be capitalizing nicely on the unstoppable all time high lithium prices, as it is raising significant amounts of cash at the moment, currently standing at C$4.99M and not done yet. The proceeds will be used for new exploration programs on their various LatAm lithium projects. The company already owns several early stage lithium projects in Argentina, and recently signed an option agreement to acquire two more projects in the same country, the Rincon West and Pocitos properties in the Salta Province.

All pictures are company material, unless stated otherwise.

All currencies are in US Dollars, unless stated otherwise.

Argentina Lithium Enters Option Agreement To Acquire More Lithium Exploration Assets; Lithium Product Prices Closing In At All Time Highs

Salar de Incahuasi; Catamarca province, Argentina

There seems to be no end in sight for current battery metals sentiment, and lithium product prices are the largest beneficiaries in this regard, which is obviously of interest for Argentina Lithium & Energy Corp. (TSX-V: LIT, FSE: OAY1, OTC: PNXLF). The company already owns several early stage lithium projects in Argentina, and recently signed an option agreement to acquire two more projects, which will be discussed later in this article.

All pictures are company material, unless stated otherwise.

All currencies are in US Dollars, unless stated otherwise. 

Golden Arrow Resources Out Exploring Again After COVID-19; Hits High Grade Gold At Tierra Dorada In Paraguay

 

As Golden Arrow Resources (GRG.V, GARWF.US, G6A.FSE) was sidelined for most of last year due to COVID-19, their exploration programs were basically halted. The project that first got underway again was the Tierra Dorada Gold project in Paraguay. The story on this project is a testament to the strong network of Golden Arrow in Latin America. When CEO Joe Grosso talked to officials in Paraguay somewhere in 2019, they told him to take a look at some of their projects, and talk to local geologists. So he did, and these geologists identified numerous projects, ready for staking. In the end, 2 claim blocks totaling 64k hectares were staked.

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