Li3 Energy, Inc. (LIEG.OB) Signs Letter of Intent to Acquire Lithium Project in Argentina
Li3 Energy Inc. is a company focused on identifying and acquiring lithium brine opportunities in the United States, Argentina, Peru and Chile. The company announced today that it has signed a letter of intent with a private company in Argentina to acquire lithium brine assets in the Puna region of northern Argentina. The prospective location, known as the Rincon South Property, covers approximately 4,250 acres. It is comprised of 14 claims on the southern portion of the Salar de Rincon, located adjacent to an advanced lithium brine pumping and production project owned by Sentient. The proposed Rincon South transaction is…