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Rainmaker Resources Ltd.
Summary
| Project: | Sacobatus Flat | |
|---|---|---|
| Deposit: | Sacobatus Flat | |
| Location: | United States | |
| Commodities: | Lithium | |
| Date: | 11/3/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 3-11-2016: Rainmaker Resources Ltd. announces a Resource Estimation report for its Sacobatus Flat deposit at the Sacobatus Flat project. Defined exploration target for new lithium brine project. This report titled "Sarcobatus Flat Lithium Brine Project, E | |
| Resources: | (Exploration target, high range): 0.3484Mt @ 150ppm Li for 768000lb Li2CO3 | |
| CP/QP: | [Overall Report]: Douglas Beahm (BRS Inc.) | |
| ABSTRACT: | This report titled "Sarcobatus Flat Lithium Brine Project, Exploration Target, NI 43-101 Technical Report" was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects (NI 43-101) and has an effective date of November 1, 2016. The report was prepared on behalf of Rainmaker Resources Ltd., 3rd Floor Bellevue Center 235 15th St. West Vancouver, BC V7T 2X1 and was prepared by BRS Inc., 1130 Major Avenue, Riverton, Wyoming, 82501, Douglas Beahm, Principal Engineer and Geologist. The Sarcobatus Flat Project (the Project) is an early stage exploration project and as such mineral resources cannot be estimated or declared at this time. This report provides an assessment of an Exploration Target for the Project, as a restricted disclosure, as allowed under NI 43-101 Part 2.3.2, which defines the potential quantity and grade of mineralization, expressed as ranges, for further exploration. All tonnages, grade, and contained lithium, as stated in this report, for Exploration Targets should not be construed to reflect a calculated mineral resource (inferred, indicated, or measured). The potential quantities and grades for exploration targets are conceptual in nature and there has been insufficient work to date to define a NI 43-101 compliant resource. Furthermore, it is uncertain if additional exploration will result in discovery of an economic mineral resource within these areas. | |
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