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Message: To Accelerate Development of Salares Potash-Lithium Project
| January 14, 2009 |
| Latin American Minerals Retains TRU Group Inc to Accelerate Development of Salares Potash-Lithium Project in Argentina |
| TORONTO, ONTARIO--(Marketwire - Jan. 14, 2009) - Latin American Minerals Inc. (TSX VENTURE:LAT) (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. Map 1 is available at the following web link: http://media3.marketwire.com/docs/la... . |
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