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Liberty One Lithium Corp.
Summary
| Project: | Pocitos West | |
|---|---|---|
| Deposit: | Pocitos West | |
| Location: | Argentina | |
| Commodities: | Lithium-Potassium | |
| Date: | 8/3/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 3-8-2017: Liberty One Lithium Corp. announces a Supporting Acquisition report for its Pocitos West deposit at the Pocitos West project. Summary of property in support of option agreement. The present technical report (the “Report”) was requested by Libert | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Nivaldo Rojas (Rojas Mining Advisors) | |
| ABSTRACT: | The present technical report (the “Report”) was requested by Liberty One Lithium Corp. (CVE:LBY - “The Company,” or “Liberty One”) to support its option to acquire majority interest in a set of 11 mining properties identified as: POCITOS 200 (file N° 20,166), POCITOS 202 (file N° 20,168), POCITOS 204 (file N° 20,170) and POCITOS 206 (the “Granted Properties”); and POCITOS 201 (file N° 20,167), POCITOS 203 (file N° 20,169), POCITOS 205 (file N° 20,171), POCITOS 207 (file N° 20,173), POCITOS 208 (file N° 20,174), POCITOS 209 (file N° 20,175) and POCITOS 211 (file N° 20,177) (the “Solicited Properties”, and jointly as the Granted Properties, the “Properties”). The Property is centered along the central west margin of the north-south elongate present-day Salar de Pocitos basin and covering 15,857 hectares. Argentinean law provides for the granting of two types of mining rights: exploration permits (“cateos”) which are limited in duration and which allow for the exploration of a mineral property, and mining permits (minas), which allow for the exploitation of the minerals in the subject property. The designations of the permits in respect of the Property are mining permits. Mining permits are unlimited in duration and remain the holder’s property as long as the holder meets their obligations under the Argentinean National Mining Code, including biennial canon payments and minimum investment commitments. Liberty One can acquire up to an 80-per-cent interest in the Pocitos West project consisting of 15,857.34 hectares (39,183 acres).\ | |
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