Developing Chile's next lithium mine - Fully funded to final investment decision

Lithium Power International Ltd (ASX:LPI) (OTCMKTS:LTHHF) provides the Company's Investor Presentation February 2018.

Lithium Power: a compelling investment opportunity

- 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 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 2.15 Mt LCE & 5.7 Mt KCl

o One of the worlds highest grade lithium brine resources at 1,160 mg/l lithiumand; 8,500 mg/l potassium

o 80% Measured & Indicated: 1.7 Mt LCE and 4.5 Mt KCl

o 20% Inferred: 0.45 Mt LCE and 1.2 Mt KCl

o Exploration target upper case scenario 2.5 Mt LCE

- Preliminary Economic Assessment ("PEA") by WorleyParsons completed in Dec 2017 indicates Maricunga to be a low-cost lithium producer with short payback and a long mine life.

- Definitive feasibility study targeted by end of 3Q18.

- Test work has produced the first battery grade Li2CO3 sample, meeting commercial high quality specifications

- Optimization of lithium extraction and potassium production to develop the lowest cost process with highest possible recoveries.

- Port and logistics assessment fully completed.

- All permitting and government approvals targeted 2Q19

To view the full presentation, please visit:
http://abnnewswire.net/lnk/0Z3WO258


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

Lithium Power International Ltd
WWW: www.lithiumpowerinternational.com



Link: Investor Presentation February 2018


Related Companies

Lithium Power International Ltd


Related Industry Topics: