Latin
American Minerals retains TRU Group Inc. to accelerate development of Salares Potash-Lithium Project in Argentina
Toronto,
Canada, November 14, 2008, Latin American Minerals Inc. (LAT - TSX-V) (the
�Corporation� or �Latin American�) has retained the TRU Group Inc (�TRU�) (www.trugroup.com)
in order to advance its Salares Potash-Lithium
Project on the Puna Plateau, Argentina.� TRU Group�s lithium team is the world leader
in resource evaluation, salar exploitation, brine and
mineral lithium extraction and processing technologies, and is expert in the
production and refining of lithium intermediates such as brines, lithium
carbonate, lithium hydroxide, lithium chloride, butyl-lithium, lithium metal,
lithium alloys and compounds.
Latin
American Minerals currently has staked over 93,000 hectares in the Puna Plateau (see attached Map 1: �Location of Latin
American Minerals Inc.�s Salares Potash-Lithium
Project showing location of mineral properties and crust and brine samples�).
The Puna region hosts one of the largest
concentrations of economic evaporite deposits,
including the world�s largest lithium producer, SQM (Sociedad
Quimica y Minera de Chile
S.A.) in the Atacama Salt Lake, and the fifth largest lithium producer, FMC
Corp., in the Hombre Muerto Salt Lake.
Edward Anderson, President
and CEO of TRU, confirmed that, �TRU
has visited and assessed most of the lithium facilities in the USA, Chile,
China, Argentina, Bolivia, Australia, Canada, Russia and Zimbabwe.� TRU has the most qualified lithium team in the world,�
he said, �with strong capability in all aspects of lithium technology
and the industry - lithium brine, spodumene ore,
lithium clay mining, geothermal, lithium compound & metal extraction,
manufacturing, engineering and refining. TRU has also worked extensively in the
applications for lithium, including in Li-ion, cells, batteries, compounds,
ceramics, lithium quartz crystals, metal and lithium alloys.�
David Wahl, P.Eng., P.Geo., President and CEO of
Latin American Minerals, said, �We recognize the significance of TRU�s major end user contacts as an integral component in
development of our project.� We�re also
interested in Mr. Anderson�s market perspective, which will be presented at the
Lithium Supply & Markets Conference in Santiago later this month.�
�We look forward to having the TRU Group visit
our Salares Project to provide technical guidance in
order to fast track the development of the project,� reports Waldo Perez, P.Geo and Senior V.P. Exploration for Latin American
Minerals Inc.
Latin American Minerals Inc. is a mineral
exploration company focused on the acquisition and development of mineral
projects in under-explored but highly-prospective countries of Latin America.
For
more information please contact:
David
Wahl at (416) 363-0841
or visit www.latinamericanminerals.com