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Neo Lithium Corp.
Summary
| Project: | Tres Quebradas | |
|---|---|---|
| Deposit: | Tres Quebradas | |
| Location: | Argentina | |
| Commodities: | Lithium-Potassium | |
| Date: | 5/23/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing PEA | |
| Report details: | 23-5-2017: Neo Lithium Corp. announces a Resource Estimation report for its Tres Quebradas deposit at the Tres Quebradas project. Initial Mineral resource Estimate for project. This Report was prepared for Neo Lithium Corp. (the “Company” or “NLC”) to doc | |
| Resources: | (Resource): 187.5m3 @ 716mg/L Li, 6506mg/L K (M+I) + 353.2m3 @ 713mg/L Li, 6554mg/L K (Inf.) | |
| CP/QP: | [Resources]: Mark King (Groundwater Insight Inc.) | |
| ABSTRACT: | This Report was prepared for Neo Lithium Corp. (the “Company” or “NLC”) to document the following, for the Tres Quebradas (3Q) Project: • Background information on the Project location; • Methods and results of recent exploration activities on 3Q Project mineral claims held by the Company; and • Methods and results of a Mineral Resource Estimate prepared for the Company. The mineral resource estimates in this report are presented in conformance with National Instrument 43-101 (NI 43-101) (Canadian Securities Administrators, 2005) and Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards for Resources and Reserves (CIM Standards) (CIM Standing Committee on Resource and Reserve Definitions, 2014). As defined under these standards, mineral resources that are not mineral reserves do not have demonstrated economic viability. Report preparation was supervised by Mark King, Ph.D., P.Geo., F.G.C., a “qualified person” (a “QP”) who is “independent” of NLC (IQP), as such terms are defined by NI 43-101. The author was present at the Project site for a period of three days in January 2017. This was a period of active data collection by NLC, which provided the opportunity to observe field methods. The preparation of this report was supervised by the IQP, Mark King, Ph.D., P.Geo., F.G.C., and president of Groundwater Insight Inc. (“GWI”). Dr. King has 28 years of experience as a consulting hydrogeologist. He has served as technical manager on major groundwater-related projects in Canada and the United States, and lithium brine projects in South America and the United States. His expertise in hydrogeology, geochemistry and geology is an appropriate foundation for serving as the QP for this Project and preparing this technical report. | |
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