Sydney, Dec 6, 2016 AEST (ABN Newswire) - Global Geoscience Limited (ASX:GSC) is pleased to provide the company's Investor Presentation at New York Roadshow in Dec 2016.

Investment Highlights

- Strategic Asset

-- One of the largest lithium and boron deposits in the USA

-- No other comparable deposits in North America

-- Resource containing 3.4 million tonnes of lithium carbonate and 11.3 million tonnes of boric acid

-- Favourable jurisdiction, infrastructure, skilled workforce

-- Option for 100% ownership interest

- High Grade Searlesite Zone

-- 65Mt at 1.0% Li2CO3 and 9.1% H3BO3

-- 650kt lithium carbonate and 5.9Mt boric acid

-- Sufficient to support 3Mtpa operation over 20 years

-- 20m thick, shallow and open in three directions

- Potential For

-- Low-cost open-pit mining methods

-- Low-cost, simple process route to produce lithium carbonate and boric acid on site

-- Favourable economics compared to other sources of lithium

-- Major, low-cost supplier in a strong market for both products

Project Overview & History

- Large Property, Simple Ownership

-- 22km2, GSC holds option over 100% interest

- Deposit Type

-- Sediment hosted (stratiform) lithium-boron deposit

-- Main ore mineral is searlesite, a boro-silicate mineral

- North Basin(13km2)

-- Explored for boron in 1980's by US Borax

-- 100-260m thick intersections in 9 holes drilled over an area of 5 square kilometres

-- 2nd largest boron deposit in USA at the time

- South Basin (9km2)

-- Explored for lithium in 2010-2011 by JOGMEC

-- 15 RC and 21 diamond drill holes

-- Maiden Resource estimate by GSC - Oct 2016

Summary

- Strategic Asset

-- Very large lithium-boron deposit located in Nevada, USA

- Advanced-Stage Project

-- Maiden Resource completed

-- Fully funded PFS scheduled to commence in early 2017

-- Opportunity to move quickly into development

- Significant Potential

-- Strategic, long-life, low-cost source of lithium and boron

-- Potential supplier to the rising global demand for lithium carbonate

To view the presentation, please visit:
http://abnnewswire.net/lnk/0XB405Z8


About Global Geoscience Limited

Global Geoscience Limited ASX GSCGlobal Geoscience Limited (ASX:GSC) is a Sydney-based mineral exploration company specialising in greenfield exploration and mineral discovery. The Company's main focus is for copper, gold and silver on its mostly 100%-owned projects in Nevada and Arizona in the United States, and Peru in South America.

 


Contact

Bernard Rowe
Managing Director
Global Geoscience Ltd
Phone: +61-2-9922-5800
Email: browe@globalgeo.com.au



Related Companies

Global Geoscience Limited          

ABN Newswire This Page Viewed:  (Last 7 Days: 38) (Last 30 Days: 172) (Since Published: 913) 
ANALYTICS: LOGIN HERE

Global Geoscience Limited NEWS: RECENT VISITS (3737)