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OrganiMax Nutrient Corp.
Summary
| Project: | La Salada, Santa Clara, Caliguey | |
|---|---|---|
| Deposit: | La Salada, Santa Clara, Caliguey | |
| Location: | Mexico | |
| Commodities: | Lithium-Potassium | |
| Date: | 12/16/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 16-12-2019: OrganiMax Nutrient Corp. announces a Resource Estimation report for its La Salada, Santa Clara, Caliguey deposit at the La Salada, Santa Clara, Caliguey project. Initial mineral resource estimate for project. Vancouver, British Columbia: Organ | |
| Resources: | (Resource, Inf.): 120Mt @ 4.6% K, 380ppm Li | |
| CP/QP: | [Resources]: Martin Pittuck (SRK Consulting) | |
| ABSTRACT: | Vancouver, British Columbia: OrganiMax Nutrient Corp. (TSX-V: KMAX) (“OrganiMax” or “the Company”) is pleased to announce its maiden independent Mineral Resource estimates for its 3 principal potassium-lithium salar deposits located within its claims in Zacatecas and San Luis Potosi States, Mexico. SRK Consulting (UK) Limited (SRK) has produced the Mineral Resource estimates for the La Salada, Santa Clara and Caliguey salar sediment deposits. See project location: https://organimax.com/wp-content/uploads/2018/11/website_zacprojectlocations_r1.jpg and https://organimax.com/wp-content/uploads/2018/09/ website_infrastructure_legend.jpg. There is significant upside potential to expand the Mineral Resource at depth; Santa Clara and Caliguey have been sampled, and therefore modelled, to only 5 metres depth, with La Salada to approximately 25 metres. The deeper material at La Salada (up to 51 metres to date) is generally potassium rich but is not included in the resource estimate. The basement has not been defined at any of the salars and the surface extent of the salar basins have not been completely sampled. | |
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