Rhyolite Ridge Lithium-Boron Project

Sydney, Mar 6, 2017 AEST (ABN Newswire) - Global Geoscience Limited (ASX:GSC) is pleased to provide the Company's latest Investor Presentation at PDAC on March 6, 2017.

Investment Highlights

- Strategic Asset

o Very large lithium-boron deposit in the USA

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

o Significant potential to increase the Resource

o Favourable jurisdiction, infrastructure, skilled workforce

o Option for 100% ownership interest

- High Grade Searlesite Zone

o 65Mt at l.0% Li2CO3 and 9.1%H3BO3

o 650kt lithium carbonate and 5.9Mt boric acid

o Sufficient to support 3Mtpa operation over 20 years

o 20m thick, shallow and open in three directions

- Potential For

o Low-cost open-pit mining methods

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

o Favourable economics compared to other sources of lithium

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

Project Overview & History

- Large Property, Simple Ownership

o 29km2, GSC holds option over 100% interest

- Deposit Type

o Sediment hosted (stratiform) lithium-boron deposit

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

- North Basin (20km2)

o Explored for boron in 1980's by US Borax

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

o 2nd largest boron deposit in USA at the time

- South Basin (9km2)

o Explored for lithium in 2010-2011 by JOGMEC

o 15 RC and 21 diamond drill holes

o Maiden Resource estimate by GSC - Oct 2016

To view the full presentation, please visit:
http://abnnewswire.net/lnk/IXEGJ84Z


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



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