Candela II
Strategic Lithium Asset

Argentina

Introduction

Located in Argentina's prolific "Lithium Triangle", the Candela II project represents Armory Mining's strategic position in one of the world's premier lithium producing regions. Situated in the Incahuasi Salar and optioned to American Salars for development, this project sits adjacent to major lithium producers and developers in a region known for world-class brine deposits.

The Candela II project encompasses 3.01 square kilometers in the Incahuasi Salar, positioned just 45km from Tolar Grande with excellent access. Located near operations by major lithium developers including Ganfeng, Rio Tinto, and Allkem, the property benefits from strong brine flows and demonstrated lithium values in a region with established lithium extraction expertise.

Project Statistics

Resource Estimate

457,500

Tonnes of in-situ lithium carbonate equivalent (LCE) in inferred resource

Property Interest

80%

Ownership retained by Armory with current option to American Salars

Lithium Values

160+

PPM lithium in strong brine flows across the property

Total Area

3.01 km²

Total land package in Incahuasi Salar

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