Key Points of the Presentation.
- Maiden ore reserve estimate of 742 000 tonnes LCE exceeds 20 year mine life production needs, and meets JORC and NI 43 101 standards
- Potential to expand resources and reserves below the existing resource currently defined to 200 m Exploration target between 200 m 400 m confirmed by deep borehole results, can add between 1 Mt 2 5 Mt of new resources
- First battery grade Li 2 CO 3 samples, meeting commercial high quality battery grade specifications were produced during 2018 using Maricunga's brine from test evaporation ponds 99 4 purity Li 2 CO 3 reached)
- Maricunga EIA is being assessed by the Chilean Government and is expected to be concluded in 2019 Approval received for the use of electricity infrastructure Water supply secured
- Financing discussions underway. Approaches received from international companies for off take deals.
- Ownership 51 Lithium Power International (ASX LPI), 31 Borda Group and 18 Bearing Lithium (TSXV BRZ)
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About Lithium Power International Ltd
Lithium Power International Limited (ASX:LPI) 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 focused on are:
1. Maricunga JV (Chile) – Located within the "Lithium Triangle", Maricunga is Chile's highest grade and most advanced lithium project outside the Salar de Atacama. The project lies 170 km northeast of Copiapo and 250 km from the port of Caldera.
2. Pilbara (Western Australia) – LPI has three granted exploration tenements covering 203 km2 in the Pilbara region of northern Western Australia. The largest granted exploration tenement is the Pilgangoora tenement which is 2-3 km 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 400 km2 in the Greenbushes area of southern Western Australia. The tenements are adjacent to the world's largest hard rock lithium mine owned and operated by Tianqi/Talison.
4. Centenario (Argentina) – Through its Argentinian subsidiary, Lithium Power holds a total of seven granted tenements in the Centenario lithium brine salar within the Salta province of the Puna Plateau. In total, the seven granted tenements cover an area of 68.46 km2.
With the exception of the Maricunga JV, all tenements are 100% owned by LPI or LPSA (including rights to the Centenario tenements).
ContactCristobal Garcia-Huidobro - CEO
Lithium Power International