Armory Mining Launches Scoping Study for Candela II Lithium Brine Project

Reuters12-01

Armory Mining Launches Scoping Study for Candela II Lithium Brine Project

Armory Mining Corp. has announced plans to advance its Candela II lithium brine project in the Incahuasi Salar, Salta Province, Argentina. The company will undertake a scoping study to evaluate the technical viability and economic potential of the deposit, which currently has an inferred resource of 457,000 tonnes of lithium carbonate in-situ, based on a resource estimate by WSP Australia. The project is situated within the resource-rich Lithium Triangle of South America, with major industry players such as Ganfeng Lithium, Rio Tinto, and Power Minerals operating nearby. The scoping study will assess production potential, resource expansion, capital and operating costs, as well as environmental and regulatory factors.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Armory Mining Corp. published the original content used to generate this news brief via TheNewswire (Ref. ID: 1ArbF4ZlQ) on December 01, 2025, and is solely responsible for the information contained therein.

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The company will undertake a scoping study to evaluate the technical viability and economic potential of the deposit, which currently has an inferred resource of 457,000 tonnes of lithium carbonate in-situ, based on a resource estimate by WSP Australia. The project is situated within the resource-rich Lithium Triangle of South America, with major industry players such as Ganfeng Lithium, Rio Tinto, and Power Minerals operating nearby. The scoping study will assess production potential, resource expansion, capital and operating costs, as well as environmental and regulatory factors.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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