Lithium Energi Exploration Inc. Stock Analysis LEXI.V

Lithium Energi Exploration, Inc. is an exploration stage company, which engages in the acquisition, exploration, and evaluation of mineral resource properties. The company is headquartered in Toronto, Ontario. The company went IPO on 2012-02-21. The firm's portfolio of properties is divided into four ongoing exploration projects: Antofalla Norte, Antofalla Sur, Trila JV and Hombre Muerto Norte. The firm's portfolio of prospective lithium brine concessions in the Argentina Province of Catamarca (heart of the lithium triangle) includes approximately 57,000 hectares (ha) and a 20% interest in Triangle Lithium Argentina, S.A. (Trila), which owns an additional 15,000 ha - all located in and around the Antofalla Salar, which is over 130 km long and up to 20 km across and the Hombre Muerto Salar. Its flagship Antofalla Norte project comprises over 16,000 ha divided amongst eight separate mining sentencias. Its Antofalla Sur project comprises over 38,500 hectares divided amongst 11 separate mining sentencias. Its Hombre Muerto Norte project comprises around 1,800 ha.