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LSC Lithium Corp.
Summary
| Project: | Pozuelos | |
|---|---|---|
| Deposit: | Pozuelos | |
| Location: | Argentina | |
| Commodities: | Lithium | |
| Date: | 2/2/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 2-2-2018: LSC Lithium Corp. announces a Resource Estimation report for its Pozuelos deposit at the Pozuelos project. Initial resource announced for the project. TORONTO, ONTARIO – February 2, 2018 – LSC Lithium Corporation (“LSC” or together with its sub | |
| Resources: | (Resource, M+I): 1,296,344t LCE | |
| CP/QP: | [Overall Report]: Donald H. Hains (Independent) | |
| ABSTRACT: | TORONTO, ONTARIO – February 2, 2018 – LSC Lithium Corporation (“LSC” or together with its subsidiaries, the “Company”) (TSXV:LSC) is pleased to announce the issue of its maiden Mineral Resource statement for its Pozuelos lithium project, located in the Argentina section of the Lithium Triangle. This NI 43-101 Mineral Resource estimate includes 1,296,344 tonnes of lithium carbonate (Li2CO3) equivalent (LCE) in the Measured and Indicated Mineral Resource category and 312,942 tonnes in the Inferred Mineral Resource category (See Table 1). Key chemical ratios illustrating the high quality of the brine at salar de Pozuelos are detailed in Table 2. The phreatic level of the brine is within 1m of the existing halite surface and there may be additional potential below the current limit of drilling for those holes which did not reach the basement. The Company’s President & CEO Ian Stalker remarked, “we are extremely pleased with this NI 43- 101 resource estimate of 1.3 million tonnes measured and indicated LCE and 312,942 tonnes inferred which forms part of LSC’s resource inventory development over five different projects in the near to medium term including, Pastos Grandes located just 17km away from Pozuelos, Rio Grande, Salinas Grandes and Jama, all of which are being advanced through various stages of exploration and resource development. Pozuelos is planned to go to Pre-feasibility study stage during the second half of 2018 and this robust resource estimate underpins this process.” | |
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