Located in a district that accounts for 70%+ of Lithium resources worldwide.
.........................................................................................................................................
• Land package achieving critical mass ( 72,000 acres = 178,000 ha ) in an already proven area (various producing and feasibility confirmed ventures)
• Dominant position in 2 salars of Puna plateau, Argentina
• Key geophysical and geochemical work already done
• Surface anomalies confirm presence of Li & K and encourage further exploration
• Geoelectrical surveys integrated with nearby outcrop data indicate at least 2 potential pay zones
• Team with vast experience in salt brine exploration
• Land Area: 39,361 ha + 32,560 ha = 71,921 ha
Exploration Feasibility Totals in Thousands
.................................................................................................
Months ........... 18 ......... 18 ...... 36
G&A ............. 790 ........ 900 ... 1,690
Drilling .......(7 Wells)... 3,396 - - 3,396
Geophysics ...... 200 ........ 200 ..... 400
Pilot Plant ................ 5,000 ... 5,000
Taxes ........... 677 ........ 641 ... 1,317
Property maintenance
& acquisition.. 4,639 ........ 793 ... 5,432
43-101 Report ... 200 ........ 500 ..... 700
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TOTAL ......... 9,901 ...... 8,033 .. 17,935
Sunday, January 22, 2012
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