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Transaction Announcement Reports
This is a NEW feature of RSC Mineral Intelligence that displays global reports published since April 2017 relating to transactions of mineral exploration, resource development, and mining properties, including property acquisitions, company acquisitions and takeovers.
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Project: | Salar de Pozuelos | |
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Deposit: | Salar de Pozuelos | |
Location: | Argentina | |
Commodities: | Lithium | |
Date: | 6/30/2017 | |
Report Code: | NI43-101 | |
Report Type: | Supporting Acquisition | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 30-6-2017: LSC Lithium Corp. announces a Supporting Acquisition report for its Salar de Pozuelos deposit at the Salar de Pozuelos project. Summary of project in support of acquisition. Don Hains, President of Hains Engineering Company Limited, (“Hains”) w | |
Resources: | x | |
CP/QP: | [Overall Report]: Donald H. Hains (Hains Engineering) | |
ABSTRACT: | Don Hains, President of Hains Engineering Company Limited, (“Hains”) was retained by Stephen Dattels, Director of LSC Lithium Corporation (“LSC”), to prepare an independent Technical Report on the salar de Pozuelos project (“the Property”), Salta Province, Argentina. The purpose of this report is to provide a summary of available technical information on the Property as a “Property of Merit”. LSC has entered into an option agreement with BMC Global Limited. (“BC”) the controlling shareholder of LitheA Inc. (“LitheA”) to acquire a 100% interest in LitheA and thus the properties registered in the name of LitheA Inc. Sucursal Argentina (“LitheA Argentina”), LitheA’s Argentine branch. LitheA Argentina owns a mining portfolio of twenty-one (21) tenements covering over 30,000 hectares in the Puna region of Argentina in the western part of Salta Province, Argentina. The key property is tenements comprised of two main mining groups - LitheA Norte and LitheA Sur, which together cover approximately 10,787 hectares at salar de Pozuelos. These tenements are the subject of the current Technical Report. All the LitheA Argentina tenements at salar de Pozuelos are all fully registered and surveyed, with all required mining investment plan and environmental approvals in place to begin immediate exploration activities. The other LitheA Argentina tenements, which are not further considered in this Technical Report, include tenements located on parts of salar Rio Grande, salar de Pular, salar de Incahuasi, a calcium carbonate deposit known as Muñano, and a servitude at Estacion Pocitos. | |
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