Lithium Power International Limited (ASX:LPI) (OTCMKTS:LTHHF) ('LPI' or 'the Company') is pleased to submit it's quarterly Activity Report for the period ended 30 June 2017.

HIGHLIGHTS

- Major resource upgrade at the Maricunga lithium brine project in Chile with a 3.7 fold increase of high grade Measured, Indicated and Inferred resource to 2.15 million tonnes (Mt) of lithium carbonate equivalent (LCE) and 5.7 Mt potassium chloride (KCl) to a depth of 200m in accordance with JORC Code (2012) - an outstanding result for the company.

- High quality resource, with one of the highest average resource concentrations globally of 1,160 mg/l lithium and 8,500 mg/l potassium, with very favourable porosity and permeability - which are essential for resource extraction.

- Process test work advancing, with preliminary engineering and design underway and a pre-feasibility study targeted for release in 4Q CY17.

- Ratification of issue of shares and options at the Annual General Meeting.

To view the full report, please visit:
http://abnnewswire.net/lnk/6U20N4HR


About Lithium Power International Ltd

Lithium Power International Limited (ASX:LPI) is a pure play lithium company with three distinct project regions to provide diversification. One is located in South America's brine region and three are in Australia's spodumene hard rock areas of Western Australia.

The primary focus is to develop of Chile's next high-grade lithium mine on the Maricunga Salar in an area known as the Lithium Triangle. The Company has also expanded its tenement holdings of lithium exploration prospects in Western Australia.

   

Contact

Martin C Holland - CEO
Lithium Power International
E: info@lithiumpowerinternational.com
T: +61-2-9276-1245
www.lithiumpowerinternational.com
Twitter: @LithiumPowerLPI



Link: Quarterly Activities Report Q4 2017


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