Lithium South Expands Production Goals with Updated PEA and Strategic Team Addition

VANCOUVER, BC, Oct. 18, 2023 /CNW/ -- Lithium South Development Corporation (the "Company") (TSXV:LIS.VN) (OTC-BB:LISMF) (Frankfurt:OGPQ.GF) is pleased to announce that it has selected Knight Piésold Consulting (KP) and JDS Energy & Mining (JDS) to prepare an updated National Instrument 43-101 Preliminary Economic Assessment (PEA) on its flagship Hombre Muerto North Lithium Project (HMN Li Project), located in Salta Province, Argentina. The report will use the new HMN Li Project upgraded resource of 1.58 million tonnes Lithium Carbonate Equivalent (LCE). It will also take into consideration current market conditions and pricing for LCE. The report will use an Initial Design Capacity (IDC) of 15,000 tonnes per year LCE production. This IDC could be expanded as further project resources and pumping areas are identified.