Salares Lithium Inc. (TSX-V: LIT) is a TSX Venture Exchange listed minerals exploration company focused on its "Salares 7" lithium project in the mining friendly jurisdiction of Chile.
The Project
The 'Salares 7' project consists of 117,904 hectares (117.9 sq km) with 39,404 hectares (394 sq km) of exploration potential solely within actual salares/brine lakes. The company believes this is one of the largest land and pure salare concession packages in the lithium exploration sector. Historic sampling (non NI43-101 compliant) has returned lithium and potassium in all seven salares with grades up to 1,080 ppm lithium and 10,800 ppm potassium.
Our concession package is also unique in that, with our local partner, we control 100% of five salares clustered within 155 km's, resulting in no severed ownership.
Chile produces more lithium than any other country in the world and brines account for the majority of the world's lithium supply.