Maricunga Joint Venture - The Road to Development

Lithium Power International Ltd (ASX:LPI) (OTCMKTS:LTHHF) provides the Company's latest Investor Presentation.

Maricunga Lithium Brine Project Overview

- Located within the "Lithium Triangle" in northern Chile, home to the largest and highest quality lithium brine deposits.

- LPI's Maricunga project is the highest quality pre-production lithium brine project in South America in terms of lithium grade, size and aquifer characteristics.

- Most advanced project in Chile outside of the mine expansions by SQM and Albemarle.

- The Maricunga project is a joint venture between Lithium Power (50%), a Chilean investor (32.3%) and Li3 Energy (17.7%). Lithium Power's interest is subject to final earn-in payments of US$9.5m prior to September 2018.

- The properties are 100% owned by the JV and not subject to leasehold related negotiations impacting other Chilean operators.

- 2017 JORC and Ni43-101 Resource Estimate

o 2.15mtLCE&5.7mtKCI

-- 80% Measured & Indicated: 1.7 mt LCE and 4.5 mt KCI

-- 20% Inferred: 0.45mt LCE and 1.2mt KCI

-- One of the worlds highest grade lithium resources at 1,160 mg/l lithium and 8,500 mg/l potassium

- WorleyParsons - Preliminary study results have been positive, indicating Maricunga to be a low-cost lithium producer with long mine life. Port and logistics assessment also fully completed.

- Preliminary economic study accuracy well underway - targeted release end 2017. Definitive feasibility study targeted by end of 2Q18.

- Stage 1 Pilot plant test work has successfully achieved 5% lithium concentration; Stage 2 test work underway with first Li2C03 and KCI production samples expected by the end 2017

- Optimization of lithium extraction and potassium production to develop the lowest cost process with highest possible recoveries (See page 21)

- All permitting and government approvals targeted 2Q19

To view the full presentation, please visit:
http://abnnewswire.net/lnk/86Y72U3U


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: Investor Presentation - November 2017


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