Pan American Lithium Corp. (TSX.V: PL:CA) (OTCBB: PALTF)
Pan American Lithium Corp. is well positioned to capture the next wave in mineral exploration, Lithium. Pan American Lithium is the owner of interests in eleven salars(1) which contain lithium and other metals from surface lakes and subsurface brines, all located in the mineral-rich Atacama Region III of Chile. The rights in these eleven lithium salars cover a cumulative area in excess of 20,000 hectares all accessible via service roads.
Pan American Lithium has an option to jointly develop with another party lithium and precious metals through concessions in the geothermal brines currently being produced at the Cerro Prieto geothermal power plant located in Baja California, Mexico, roughly 30 km south of the city of Mexicali.
Investment Highlights:
- POSCO (Korean steelmaking conglomerate) took 19.9% strategic position in the Company in August 2011 ans is evalluation pilot plant project
- Management and technical team team with specialized mining expertise identifying unique brine extraction opportunities
- Opportunity to participate in rapid exploration advancement of Chilean salar(1)properties
- Rights in 11 salars in Region III, Chile (containing Li and other metals)
- Project 1 (Laguna Verde) goal to extract lithium and other light metals initially from surface brine lake and then from deeper brines
- Separate option to extract minerals from evaporated brine runoff at world’s second largest geothermal electric plant (Mexico)
- Upside potential from rapid exploration advancement with fewer risks than drilling or mining
(1)Salar: brine lakes and dry lake beds
Recent News
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Share Statistics full
Shares Outstanding (03/01/12): 55,003,592
Public Float (10/15/11): 30,945,070
Company Information
Pan American Lithium Corp.
3040 N. Campbell Avenue
Suite 110
Tucson, AZ 85719
(520) 623-3090
CEO: Andrew Brodkey
Issue Type: Common Stock
Sector: Basic Materials
Industry: Metals & Mining
Management Team
Andrew Brodkey
CEO, President and Director
Dr. David Hackman
Vice President, Exploration
John Hedges
Director Project Development
Frank Garcia
CFO
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