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PepinNini Lithium Ltd.
Summary
| Project: | Pular | |
|---|---|---|
| Deposit: | Pular | |
| Location: | Argentina | |
| Commodities: | Lithium | |
| Date: | 1/4/2019 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 4-1-2019: PepinNini Lithium Ltd. announces a Resource Estimation report for its Pular deposit at the Pular project. Restated previous mineral resource announcement. PepinNini Lithium Ltd (PNN,PepinNini, the Company) wishes to announce a JORC 2012 Resource | |
| Resources: | (Resource): 17.1Kt in-situ Li (Meas.), 15.4Kt in-situ Li (Inf.) | |
| CP/QP: | [Resources]: Micheal Rosko (Montgomery & Associates) | |
| ABSTRACT: | PepinNini Lithium Ltd (PNN,PepinNini, the Company) wishes to announce a JORC 2012 Resource restatement following the announcement (ASX:9 Nov 18)of the discontinuation of the exploration purchase option covering Patilla Mina on Salar de Pular.The resource restatement covers brine within the Company’s 100% owned Sulfa 1 Mina(mining concession) including exploration activities carried out by PNN during 2018. The JORC 2012 Resource tabulated in Table 1 below is of low grade Lithium Carbonate(LCE) Measured 91,000 tonnes and Inferred 82,000 tonnes and includes a potash(KCL) resource. The Company is currently evaluating the potential to blend this brine with brine from the Company’s other projects(Figure 1) to produce a feasible higher grade product. The resource estimate was prepared in accordance with The JORC Code 2012 and uses best practice methods specific to brine resources, including a reliance on core drilling and sampling methods that yield depth-specific chemistry and effective (drainable) porosity measurements. The resource estimation was completed by independent competent person Mr. Michael Rosko, M.Sc., C.P.G. of the international hydrogeology firm E.L. Montgomery & Associates (M&A). | |
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