Lithium Americas Corp. is engaged in developing lithium operations. The Company�s principal property consists of a portion of two adjacent Argentinean salt lakes, Cauchari and Olaroz, covering 82,498 hectares in the Lithium Triangle region of South America. As of February 28, 2011, the Company had rights over approximately 164,700 hectares in five salt lakes in the Jujuy and Salta Provinces of Argentina. Its main property consists of a portion of two adjacent salt lakes, Cauchari and Olaroz, located in Jujuy, Argentina. On August 12, 2010, the Company announced the opening of its on-site pilot evaporation and analytical laboratory facilities. On August 26, 2010, the Company announced that it had completed its advanced exploration program on its Cauchari- Olaroz properties in Argentina.