PepinNini declares further Argentinian Li resource

Australian-based lithium developer PepinNini Resources has declared a maiden resource at its Pular lithium brine project in Argentina's Salta province a month after declaring one at its Rincon project in the same area.

A measured resource of 366,000 lithium carbonate equivalent (LCE) has been declared at Pular along with an inferred resource of 113,000t of LCE, the company said. Potash is expected to be produced as a by-product.

Because of the rock types that dominate the drainable brine resources, it is anticipated that future wells will be favourable for extracting brine, said managing director Rebecca Holland-Kennedy.

PepinNini last month declared a maiden mineral resource at its Rincon project, also situated in South America's so-called "lithium triangle" that straddles Argentina, Chile and Bolivia. It includes 60,000t of LCE in the measured and indicated categories and 6,000t of LCE in the inferred category. Potash is a by-product.

PepinNini is also developing a copper-gold project in Argentina and has exploration projects in South Australia's Musgrave region.