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The Next Major Lithium Discovery


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The Next Major Lithium Discovery


We are on the cusp of a global green energy revolution that will require efficient high-capacity energy storage solutions. The significant developments and growth in Lithium batteries for portable applications, electric vehicles and large scale battery applications make Lithium a proven solution. The Lithium industry faces the challenge to keep up with increasing consumption but very few new discoveries have been made in the last 30 years and even fewer mines have been put in to production recently


Tres Quebradas (3Q) is the most recent high-grade lithium brine lake and salar complex Discovery in the Lithium Triangle


COMPANY HIGHLIGHTS

  • Experienced board and management focused on the Lithium sector
    • CEO, Waldo Perez, was the original founder and past CEO of Lithium Americas
    • Chairman, Constantine Karayannopoulos was the director of Lithium Americas and an original founder of Neo Materials, now Molycorp
    • Board and management members have strong experience in business development and capital markets
  • Strong cash position, 100% financed to full Feasibility in late 2018
  • Positive trends in both Lithium and Argentina
    • Lithium prices have tripled since 2003 and continue to rally with Lithium demand expected to double to ~375ktpa of LCE by 2020
    • New Argentina President Mauricio Macri has had a positive effect on the economy and mining

 

 

 

 

 

 

 

 

  • Significant high grade Measured and Indicated and Inferred resource estimate at a conservative cut-off grade of 520 mg/L Lithium
    • Measured and Indicated Resource of 714,242t/LCE at an average grade of 716 mg/L Lithium
    • Inferred Resource of 1,339,546t/LCE at an average grade of 713 mg/L Lithium
    • Average combined impurities for Magnesium/Lithium and Sulphate/Lithium continue to be the among the lowest in the industry (1.99 and 0.52, respectively)
    • Significant potential for resource expansion at depth
  • Prove low cost processing method, simple evaporation process
    • Positive results on final engineering reports from Novigi Ltd. and Celimin on Lithium brine process studies
  • The 3Q Project is a salar and brine reservoir complex that that extends for over 160 Km²
    • 100% ownership of the entire salar complex
    • The Project is fully permitted up to full Feasibility, and environmental baseline is on-going
    • PEA expected in Sept/Oct 2017
  • The 3Q Project is located in Catamarca Province, the largest Lithium producing province in Argentina
    • Only 30km away from the Maricunga salar in Chile, with direct road to Chilean ports
    • Located at 4,090 masl
    • No inhabitants or aboriginal communities

 

 

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