LEXI’s portfolio of lithium brine concessions in the Argentina Province of Catamarca, situated at the southern end of the world-renowned Lithium Triangle, includes approximately 57,000 wholly-owned hectares and a 20% interest in Triangle Lithium Argentina, S.A., which owns an additional 15,000 hectares. Lexi’s portfolio of properties is divided into 4 ongoing exploration projects: Antofalla Norte, Antofalla Sur, Trila JV and Hombre Muerto Norte. The first three of these projects are located in and around the Antofalla Salar, one of the largest basins in the region, which is over 130 km long and up to 20 km across.
The projects are in a prime location within the Lithium Triangle, where 40% of the world’s lithium is produced at the lowest cost. Albemarle Corporation, the world’s largest lithium producer, owns exclusive exploration and acquisition rights to large claim blocks located throughout the Antofalla Salar adjacent to Lexi’s primary portfolio of properties. Lexi’s Hombre Muerto North property is located adjacent to high-quality lithium brines, proven by Lithium South Corporation and Posco.