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Projects

Salares 7 Project

 

Quick Facts

Location Atacama Desert, Region III, Chile
Highest producing lithium country in the world
Project Size 39,404 Hectares (Largest pure salares package in peer group)
Mineralization Sample grades up to 1,080 parts per million (non NI43-101)
Lithium & Potassium sampled in all 7 Salares
Proximity 5 Salares clustered within 155 km. (see location map)
Deposit Type Continental brines. Chilean brines account for 50% of the world's lithium production (US Geological Survey)
Area Success Major mining companies in the area include Kinross, Barrick, BHP Billiton and Freeport McMoRan.
Infrastructure Project location is easily accessible by road.
All services required for a major exploration and mining program are available in Copiapó which is a major mining centre.
Progress NI 43-101 Technical report (Complete) and exploration program initiated.
Advantages
  • Located in the highest lithium producing country in the world
  • Largest land package of any company in peer group
  • 5 Salares clustered within 155 km
  • Grades up to 1,080 ppm lithium
  • Chile is one of the most mining friendly countries in the world
  • Rising demand for lithium is expected from the increased use of laptops, mobile phones and hybrid/electric vehicles