Power Minerals

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Salta Lithium Brine Project

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Poppins

 in Argentina through its Salta Lithium Project, located in Salta Province in South America’s “

,” which hosts more than 65% of the world’s lithium resources.

The project comprises 147km² of licences across five salares (salt lakes) - Rincon, Incahuasi, Pocitos, Pozuelos, and Hombre Muerto, delivering significant scale and long-term development potential.

In November 2023, Power announced an updated 

JORC 2012 Mineral Resource Estimate (MRE) of 714,864 tonnes of lithium carbonate equivalent (“LCE”)

 across the Salta Project, a 68% increase from prior estimates. This included updated resources at both Rincon and Incahuasi, marking Salta as a district-scale lithium brine project within one of the world’s premier lithium regions.

Power is advancing the development of Direct Lithium Extraction (DLE) technology at the Incahuasi salar through a partnership with Summit Nanotech Corporation, a leading Canadian DLE innovator - 

.

At Rincon, Power has completed a Preliminary Economic Assessment (PEA) to Scoping Study level. Results demonstrated the potential for a robust, low-cost operation, forecasting:

Annual production: 7,061 tonnes of high purity lithium carbonate

Mine life: 14 years (based on existing resources)

These outcomes highlight Rincon’s potential to deliver long-term value as part of the broader Salta Project development.

The Salta Project benefits from proximity to major lithium developments:

This strategic position places Power within a tier-one lithium district, surrounded by global leaders in battery materials.

Power is focused on accelerated exploration and development across the Salta Project, aiming to progress from resource growth into development pathways and production. With its strategic location, strong partnerships, and expanding resource base, Salta is emerging as a significant lithium brine hub in Argentina’s Lithium Triangle. 