Rhyolite Ridge Lithium-Boron Project
Investor Presentation at PDAC March 2017
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: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.
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