HIGHLIGHTS
Lithium brine pumping into Stage 2 evaporation ponds progressing
Solar evaporation and lithium brine concentration process to commence
Second production well completed Exploration diamond drilling progressing – six drill-holes now completed
Positive preliminary porosity and specific yield results from USA lab test-work Stage 1 pilot plant undergoing construction in preparation for LCE test-works
Encouraging meetings held with Asian LCE end-users for potential off-take and Stage 3 investment ____________________________________________________________________________________________________________________________________________________________ Argosy Minerals Limited (ASX: AGY) (“Argosy” or “Company”) is pleased to announce further Stage 2 development progress at its Rincon Lithium Project located in the “Lithium Triangle” in Salta Province, Argentina, where the Company is conducting lithium brine pumping, from the first production well, into the Stage 2 evaporation ponds and then commence natural solar evaporation to instigate the lithium brine concentration process. The Company also continues to progress construction of the Stage 1 pilot plant, located at its fully owned industrial warehouse site - in preparation for lithium concentrate processing test-works during the March 2018 Quarter and production of targeted battery grade LCE product - with plant capacity up to 500 tonnes per annum of LCE produc
AGY Price at posting:
24.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)