Neo Lithium announces the filing of the technical report for the feasibility study of its 3T project

TORONTO, 25 November 2021 / CNW / – Neo Lithium Corp. (“Neo Lithium“or the”Society“) (TSXV: NLC) (OTCQX: NTHF) (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 the province of Catamarca, Argentina (the “Technical report“) in accordance with National Instrument 43-101” Standards of Disclosure for Mineral Projects “(“Regulation 43-101“). The technical report supports the disclosure made by the company in its October 26, 2021 press release announcing the results of the NI 43-101 feasibility study for the 100% owned 3Q project.

The technical report is entitled “Feasibility study (FS) – 3Q NI 43-101 Project Catamarca report, Argentina“and was prepared by Worley, one of the world’s leading providers of professional project and asset services in the energy, chemicals and resources sectors with extensive experience in the design and construction of certain the largest and cheapest lithium brine processing facilities in Chile and Argentina. The reserve estimate was carried out by the brackish resource and reserve experts Groundwater Insight Inc.

About Neo Lithium Corp.

The 3Q project is located in the province of Catamarca, the largest lithium production area in Argentina. The project covers approximately 35,000 ha and the salar complex in this area is approximately 16,000 ha.

Additional Information Regarding Neo Lithium Corp. are available on SEDAR at www.sedar.com under the Company’s profile and on its website at www.neolithium.ca.

Neither the 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 or disapproved of the contents of this press release.

Caution Regarding Forward-Looking Statements – Certain information contained in this press 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”, “expected”, “estimates”, “plans”, “anticipates”, “Believes” or variations of such words and expressions, or statements that certain actions, events or results “may”, “may”, “could”, “would”, “should”, “could” or “will”, occur or will be achieved, or negative connotations thereof. Forward-looking statements are subject to numerous risks and uncertainties, some 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, but are not limited to, political and regulatory risks associated with mining and exploration activities and operations in Argentina, environmental regulations and other risks and uncertainties relating to the outlook, properties and business of the Company detailed elsewhere in the Company’s disclosure package, including, but not limited to, the risk factors described in the revised annual information form of the Company for the fiscal year ended December 31, 2019 available on SEDAR. Although the Company believes that its expectations are based on reasonable assumptions and that it has attempted to identify material factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, d Other factors that may cause actions, events or results should not be those anticipated, estimated or predicted and one should not place undue reliance on forward-looking statements.

SOURCE Neo Lithium Corp.

For more information: Neo Lithium Corp., Carlos Vicens, [email protected]

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http://neolithium.ca/


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