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PepinNini Lithium Ltd.

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Summary

Project:

Rincon

Deposit:Rincon
Location:Argentina
Commodities:Lithium
Date:6/27/2018
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Pursuing Resource Increase/Upgrade
Report details:27-6-2018: PepinNini Lithium Ltd. announces a Resource Estimation report for its Rincon deposit at the Rincon project. Initial mineral resource estimate at Rincon project. The exploration diamond drilling program was designed by Exploration Manager Marcel
Resources:(Resource, M+I): 60000t Li2CO3 Equivalent contained at Rincon
CP/QP:[Resources]: Micheal Rosko (Montgomery & Associates)
ABSTRACT:The exploration diamond drilling program was designed by Exploration Manager Marcela Casini to develop a resource estimate for the project. Drilling and construction were conducted during December 2017. Locations for the Rincon exploration wells are shown on Figure 1. The diamond drilling program included drilling two vertical coreholes using a diamond core rig to total depths of 80 and 130 meters (Figures 2 and 3). Drilling and construction services were provided by Hidrotec SRL, and were documented by PepinNini in internal company drilling reports of 2017 and 2018. Sample Analyses Brine chemistry samples were analyzed by SGS Argentina S.A., Salta, Argentina; SGS has extensive experience with lithium-bearing brines. Porosity analyses on selected core samples were conducted by Geosystems Analysis Inc. (GSA), Tucson, Arizona; GSA has worked on many Argentine brine projects during the last several years. Well and sample locations are summarized in Table 2. Laboratory results for the brine chemistry and drainable porosity samples are shown on Figures 2 and 3.

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