Maricunga Lithium Brine Project - The Road to Development, Charging the FutureSydney, July 20, 2017 AEST (ABN Newswire) - Lithium Power International Ltd (ASX:LPI) (OTCMKTS:LTHHF) provides the Company's latest Investor Presentation.
Lithium Power - Why Invest?
- Demand projected to grow 530% by 2030
- Demand driven by clean energy generation and storage
- Limited development projects to meet demand growth
Maricunga Project, Chile
- One of the world's highest-grade pre-production lithium projects
- Potential low-cost producer with long mine life
- Major resource increase to 2.15mt LCE at 1,160 mg/l and 5.7 mt KCI at 8,500 mg/l in accordance with the JORC Code (2012)
- Significant potential for resource expansion; 1- 2.5 Mt exploration target (exploration target drilled and remains open to 360m)
- Excellent infrastructure and supportive mining jurisdiction
Proven Management & Technical Team
- Listed LPI on the ASX in Jun 2016; finalised Maricunga JV in Sep 2016
- Fast-tracked project to a major resource and now to PFS level
- Highly experienced with lithium development projects in South America
To view the full presentation, please visit:
About Lithium Power International Ltd
Lithium Power International Limited (ASX:LPI) (FRA:24L) is a pure-play lithium explorer and developer, focusing on developing and fast-tracking to production the high-grade Maricunga lithium brine project in Chile.
LPI has a well known performing technical team with the experience to take the Maricunga project all the way through the development stages to production.
The regions that LPI is currently focussed on are:
1. Maricunga JV (Chile) – On 13th September 2016, Lithium Power announced the creation of a new JV to develop the world-class Maricunga lithium brine deposit in northern Chile.
2. Pilbara (Western Australia) – LPI has one granted exploration tenement and two pending exploration applications covering 203km2 in the Pilbara region of northern Western Australia. The largest granted exploration tenement is at Pilgangoora-Houston Creek is 2-3km west of the Pilbara Minerals (ASX:PLS) and Altura Mining (ASX:AJM) lithium deposits.
3. Greenbushes (Western Australia) – LPI has two granted exploration tenements covering 400km2 in the Greenbushes area of southern Western Australia. The tenements are adjacent to the world’s largest hard rock lithium mine owned & operated by Tianqi/Talison.
4. Centenario (Argentina) –Through its Argentinian subsidiary, Lithium Power holds a total of 6 granted tenements in the Centenario lithium brine salar within the Salta province of the Puna Plateau. In total, the 6 granted tenements cover an area of 61.52km2. In addition, there is 1 further tenement in the grant review stage.
With the exception of the Maricunga JV, all tenements are 100% owned by LPI or LPSA (including rights to the Centenario tenement which is the subject of review by the Argentinian mining authorities).
Lithium Power International Ltd