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