THE CENTRAL MEXICAN PLATEAU
Overview
The Company has a 100%-owned interest in a lithium and potassium bearing salar complex comprising 4,059 hectares on three mineral concessions located on the Central Mexican Plateau in the states of Zacatecas and San Luis Potosi, Mexico.The NI 43-101 inferred mineral resource contains 12.3Mt of Sulfate of Potash (SOP) and 243,000 tonnes of lithium carbonate equivalent (LCE) and remains open in all directions for expansion.
- The Company has a 100%-owned interest in a lithium and potassium bearing salar complex comprising 4,059 hectares on three mineral concessions (the “Mexi-Can Project”) located on the Central Mexican Plateau in the states of Zacatecas and San Luis Potosi, Mexico. The three principal SOP and Lithium brine and sediment salar deposits are La Salada, Santa Clara and Caliguey. The Company released a maiden Mineral Resource Statement, which delineated 120Mt of inferred mineral resources grading 4.6% potassium (K) and 380ppm lithium (Li). The resource estimate contains 12.3Mt of Sulphate of Potash (SOP) and 243,000 tonnes of Lithium Carbonate Equivalent (LCE), and the deposit remains open in all directions for expansion. There is a continuous high grade lithium portion at La Salada salar containing 7Mt at 1,490 ppm Li and is wide open at depth beyond the first 5 metres tested to date.
- The salars contain recently deposited soft uncompacted lake sediments comprising a mixture of terrigenous, transported sediment and chemically-deposited evaporite sediment. The sediments contain elevated, economically-interesting values of potassium, lithium, and boron.
- Exploration has included geophysical (seismic) surveying, geological mapping, pitting, hand and drill-auger, reverse-circulation drilling, and diamond core drilling. A number of mineralogical and leaching testwork programmes have been undertaken and a 43-101 inferred mineral resource estimate and report has been published.
More Information
Location & Infrastructure
La Salada Salar
Santa Clara Salar
Caliguey Salar
Geology & Mineralization