Key Investment Highlights:
Big Sandy Project (100% owned):
- Initial resource of 320,800 tons of LCE from 4% of the 100% owned landholding in Arizona, in close proximity to industrial processing locations
- Resource - estimate includes 12.7Mt grading 2,360ppm Li above cutoff of 2,000ppm (49% of the contained LCE)
- Production of high-quality battery grade Lithium Carbonate of 99.8% purity (Battery Grade must be greater than 99.5%)
- Superior infrastructure located just of highway I-93 connecting interstate routes crossing the USA
- Arizona is a fast-growing mining friendly state (4th largest copper producer worldwide) and is open to development/providing incentives
- Lithium became a US strategic mineral in 2018 with recently introduced Federal permitting incentives
Lorsburg Project:
- Comprises 291 BLM claims covering 25km2 and is located in the southwest corner of New Mexico, easily accessible along the I-10 between Tucson, AZ and La Cruces, NM. Rail lines pass to the north of the Claim Block and through the lake system to the south.
