Lithium South Development Corporation announced significant progress at Well PW23-AS-02 on its Hombre Muerto North Lithium Project (HMN Li Project), which is the first pumping well to be located at the Alba Sabrina claim block. Spanning 2,089 hectares, Alba Sabrina is the largest claim block in the HMN Li Project package and a key component of the corporation's lithium development efforts. Recent efforts at Well PW23- AS-02, have successfully cleared the well of sediment, leading to the flow of clear brine with strong artesian characteristics.

These developments suggest potential for enhanced brine extraction rates. In response to these developments, Lithium South has decided to significantly expand its well installation program. This expansion includes an additional well of up to 400 meters at the Alba Sabrina block and three more within the adjoining Norma Edith and Viamonte blocks, subject to a 50/50 brine share with neighbor POSCO.

Concurrently, the technical team is preparing the biannual Environmental Impact Report, incorporating the expanded drilling plans. This report, essential to the strategic objectives of Lithium South, will be submitted by the end of April.