Salar Hombre Muerto Project

Area of Opportunity

Hombre Muerto Project Details

  • 5,000+ hectares in world’s top lithium brine location, Hombre Muerto
    Alpha is still actively acquiring additional property
    Salta Province ranked best in Argentina for Mining Policies*
    Salta Province ranked 3rd in South America for Investment Attractiveness*
  • World-class lithium brine quality, purity, production, cost, regime
    Worldwide “central hub” of lithium brine mining
    Extensive infrastructure thanks to 25-year production history
  • Vertical Electrical Sounding (“VES”) surveys reveal significant brine presence
    Expected lithium grades of up to 1,200 mg/L of high-purity brine (Mg:Li ~2.6)
  • Bordered by POSCO and Livent
    10km to freshwater source and 100-person camp at Tolillar
    Attractive mining regime attracts high asset valuations
  • Extensive team experience, specifically in Hombre Muerto
    Alpha team previously closed significant asset transactions in Hombre Muerto

Hombre Muerto Milestones

Hombre Muerto Milestones ACHIEVED…

  • Acquired 5,000 hectares
  • Completed 56 VES points and a total of 28.5 km of VES lines
  • Received REMSA approval for an expanded personnel camp
  • Applied for several drilling licenses
  • Accumulated significant 3rd party interest

Hombre Muerto Milestones AHEAD…

  • More than double the size of Alpha’s properties
    • ~ 5,700 additional hectares have been pre-awarded, contracts being finalized
  • Acquire additional VES surveys to determine depth and areal extent of brine body
  • Begin drilling exploratory wells
  • Complete resource estimate
  • Utilize pilot plant to potentially blend brines and determine optimal purification method
  • Complete economic assessment