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Lithium South Development Corporation

09:20 AM EST - Lithium South Development Corporation : Provides an update on the drilling campaign currently underway at the Hombre Muerto North Lithium Project in Salta Province, Argentina. Andalgala Perforaciones S.A. of Catamarca, Argentina have been contracted to provide a second core rig for drilling at the project site. The rig is expected to be located by this coming weekend at the northern portion of the Alba Sabrina claim block. Lithium South Development Corporation shares V.LIS are trading up $0.02 at $0.47.