Millennial Lithium Corp.

Millennial Lithium Corp. is a TSX.V-listed company with assets in Argentina. The company currently owns a 100% interest in the Pastos Grandes Lithium Project in Salta Province. Pastos Grandes is an advanced stage lithium project which the company believes can be put into production within three years. Millennial Lithium is currently evaluating additional assets to add to its portfolio.

Expert Comments:

Thibaut Lepouttre, Caesars Report (1/12/17)
"Millennial Lithium Corp. expanded its drill program at Pastos Grandes to include a third drill site, which will speed up the company’s plans to define a resource estimate. The exploration drill program at the first two drill sites was completed, and the company seems to be quite happy with the preliminary results as both holes have encountered thick sequences of brine-bearing sediments. . . these holes continued to encounter brine-bearing structures at depth. This could have a substantial positive impact on the total volume of the brine deposit, and we’re really looking forward to seeing the assay results."

Thibaut Lepouttre, Caesars Report (12/23/16)
"Millennial Lithium Corp. has added the Papadopoulos XXXII claims to its land package in the Pastos Grandes Salar, where it now controls a surface area of almost 6,400 hectares, making it the largest owner in the Pastos Grandes area. . .drilling-wise everything still seems to be going according to plan. The first core hole reached a depth of 350 meters where it encountered a transmissive sand zone; this hole was designed to be a monitoring well, whilst a second nearby, the first production well, will go deeper than this initial 350m."

Thibaut Lepouttre, Caesars Report (12/14/16)
"Millennial Lithium Corp. has provided another exploration update. . .the first hole has been completed after reaching a depth of 192m, encountering three brine acquifers for a total of 94M. . .a second hole has been drilled close to the position of the first hole, and reached a depth of 352m, with once again several brine aquifers throughout the entire interval. . .after seeing the positive flow rates, the company is moving ahead with the installation of a production-scale pumping test well, and a larger drill rig has started to drill a test production well to a depth of at least 350m."

Thibaut Lepouttre, Caesars Report (11/24/16)
"Millennial Lithium Corp. released an update on its drilling at Pastos Grandes salar; the first hole has reached a depth of 192m and instead of pushing through to 350m, Millennial has terminated the hole and will now immediately complete the hole with a diameter large enough to allow the completion of a pumping test well. . .that's really encouraging, as the drill bit had intersected no less than three brine aquifers over a total length of almost 95m. . .the immediate change of plans to quickly move ahead with a production scale pumping test well is extremely encouraging."

Thibaut Lepouttre, Caesars Report (11/17/16)
"Millennial Lithium Corp. has recently started the first phase of its lithium brine drill program on the Pastos Grandes lithium project in Argentina's Salta province. . .by drilling up to two/three times as deep as Eramet, Millennial will be in a better position to investigate the true potential of the Pastos Grandes Salar. . .the pumping test wells will now be completed with a 10 inch casing which will increase the pumping extraction rate (compared to the previous well tests conducted by Eramet)."

Caesars Report (11/8/16)
"Millennial Lithium Corp.'s Pastos Grandes is located right in the middle of the Lithium triangle, where any company with real ambitions in the lithium sector will want to be. Millennial Lithium has an option to earn a 100% stake in the property. . .Iain Scarr probably is the company's most valuable asset. . .we think Millennial Lithium's projects are better than the company initially thought, and we're looking forward to see the initial drill results before the end of this year."

Thibaut Lepouttre
Caesars Report editor Thibaut Lepouttre profiles Millennial Lithium, a company that just reinvented itself by acquiring a project in Argentina's 'Lithium Triangle.' Lepouttre explains why he believes Millennial may be poised to take off.
read more >
In the last month, Millennial Lithium has moved to acquire projects in two large land packages in Argentina's "Lithium Triangle," as demand for the metal is expected to skyrocket.
read more >

More Expert Comments

Experts Following This Company

Thibaut Lepouttre, Editor Caesars Report
Ivan Lo The Equedia Weekly Letter

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Investing Highlights
Near term production
Cheap valuation
Excellent address in Argentina the Saudi Arabia of Lithium