Lithium Power International announce reserve estimate and resource update for Maricunga, Chile

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   Lithium Power Intl. {ASX: LPI}

Filed a maiden reserve estimate reported in accordance with JORC guidelines and NI 43-101 international standards, for a total of 742,000 tonnes of LCE thus exceeding the 20-year project mine life production needs.

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| LPI. ASX | 21 January 2019

LPI RESERVE ESTIMATE AND RESOURCE UPDATE FOR MARICUNGA LITHIUM BRINE PROJECT
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Highlights 

  • Maiden Reserve estimate reported in accordance with JORC guidelines and NI 43-101 international standards, for a total of 742,000 tonnes of LCE thus exceeding the 20-year project mine life production needs.
  • Resources updated to a total of 2,070,000 tonnes of Lithium Carbonate (LCE) now all classified as Measured or Indicated following the drilling of two additional 200 m deep holes.
  • Life of mine extraction concentration between 1,050 and 1,200 mg/l lithium.
  • Definitive Feasibility Study (DFS) is in the final stages of preparation for release.

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To read the full news release, please click HERE

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