Blanton Resources Corp. ( (TSE:USLI) ) has shared an update.
American Salars Lithium Inc. has announced a significant expansion of its Pocitos Project in Argentina’s Lithium Triangle, increasing its property size by 1,635% to 13,880 hectares. This acquisition positions the company as the second largest property holder on the Salar de Pocitos, enhancing its potential for lithium production. The expansion includes a Letter of Intent Agreement to acquire up to 100% of the Salar De Pocitos Project, which has been subject to extensive historic exploration. The company plans to compile existing data, update its Mineral Resource Estimate, and conduct scoping and feasibility studies to advance towards commercial production. The strategic location benefits from excellent infrastructure, and the acquisition is seen as a transformative move for the company and its stakeholders.
More about Blanton Resources Corp.
YTD Price Performance: 14.29%
Average Trading Volume: 110,424
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$2.21M
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