TORONTO, Nov. 25, 2021 /CNW/ - Neo Lithium Corp. ("Neo
Lithium" or the "Company") (TSXV: NLC) (OTCQX: NTTHF)
(FSE: NE2) is pleased to announce that it has filed a
technical report for its wholly-owned Tres Quebradas lithium brine
project ("3Q Project") in Catamarca Province, Argentina (the "Technical Report")
pursuant to National Instrument 43-101 "Standards of Disclosure for
Mineral Projects" ("NI 43-101"). The Technical Report
supports the disclosure made by the Company in its October 26, 2021 news release announcing the
results of the NI 43-101 feasibility study for the 100% owned 3Q
Project.
The Technical Report is titled "Feasibility Study (FS) - 3Q
Project NI 43-101 Report Catamarca, Argentina" and was prepared by Worley, a
leading global provider of professional project and asset services
in the energy, chemicals and resources sectors with extensive
experience in the design and construction of some of the largest
and lowest cost lithium brine processing facilities in Chile and Argentina. The reserve estimate was done by
brine resource and reserve experts Groundwater Insight Inc.
About Neo Lithium Corp.
The 3Q Project is located in the Province of Catamarca, the
largest lithium producing area in Argentina. The project covers approximately
35,000 ha and the salar complex within this area is approximately
16,000 ha.
Additional information regarding Neo Lithium Corp. is available
on SEDAR at www.sedar.com under the Company's profile and at its
website at www.neolithium.ca.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release. The TSX Venture Exchange Inc. has in no
way approved nor disapproved the contents of this press
release.
Cautionary Note Regarding Forward Looking Statements -
Certain information set forth in this news release may contain
forward-looking statements. Generally, forward-looking statements
can be identified by the use of words such as "plans", "expects" or
"is expected", "scheduled", "estimates" "intends", "anticipates",
"believes", or variations of such words and phrases, or statements
that certain actions, events or results "can", "may", "could",
"would", "should", "might" or "will", occur or be achieved, or the
negative connotations thereof. Forward-looking statements are
subject to numerous risks and uncertainties, certain of which are
beyond the control of the Company, which could cause the actual
results, performance or achievements of the Company to be
materially different from the future results, performance or
achievements expressed or implied by such statements. These risks
include, without limitation, political and regulatory risks
associated with mining and exploration activities and operations in
Argentina, environmental
regulation, and other risks and uncertainties related to the
Company's prospects, properties and business detailed elsewhere in
the Company's disclosure record, including, but not limited to, the
risk factors described in the Company's revised annual information
form for the year ended December 31,
2019 available on SEDAR. Although the Company believes its
expectations are based upon reasonable assumptions and has
attempted to identify important factors that could cause actual
actions, events or results to differ materially from those
described in forward-looking statements, there may be other factors
that cause actions, events or results not to be as anticipated,
estimated or intended and undue reliance should not be placed on
forward-looking statements.
SOURCE Neo Lithium Corp.
