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Neo Lithium Corp.
Summary
| Project: | Tres Quebradas | |
|---|---|---|
| Deposit: | Tres Quebradas | |
| Location: | Argentina | |
| Commodities: | Lithium-Potassium | |
| Date: | 7/19/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 19-7-2018: Neo Lithium Corp. announces a Resource Estimation report for its Tres Quebradas deposit at the Tres Quebradas project. Updated mineral resource estimate at the project. TORONTO, July 19, 2018 -- Neo Lithium Corp. (“Neo Lithium” or the “Company” | |
| Resources: | (Resource, M+I): 753Kt Li @ average concentration of 614mg/L Li | |
| CP/QP: | [Resources]: Mark King (Groundwater Insight Inc.) | |
| ABSTRACT: | TORONTO, July 19, 2018 -- Neo Lithium Corp. (“Neo Lithium” or the “Company”) (TSXV:NLC) (OTCQX:NTTHF) (FSE:NE2) is pleased to announce an updated resource estimate for its 100% owned Tres Quebradas lithium brine project (“3Q Project”) in Catamarca Province, Argentina. This updated resource estimate has been completed under the supervision of Canadian-based Groundwater Insight, Inc., which is independent of the Company, and will be included in a technical report to be filed within 45 days in accordance with the requirements of National Instrument 43-101 (“NI 43-101”). On the basis of this updated resource estimate, the 3Q Project deposit represents one of the largest and highest grade undeveloped lithium brine deposits in the world. The in-situ resource estimate encompasses the entire salars and brine lakes of the 3Q Project, an area of approximately 8,183 hectares. Lithium resource estimates are summarized in Table 1 and Potassium resource estimates are summarized in Table 2, below | |
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