A total of 39 auger drill samples were taken across the 13 salars with the average grade of potassium at 1.17%, boron at 247ppm and lithium at 215ppm.
We have surface lithium mineralization, drilling underway to better understand the near surface lithium grade distribution, a test plant to run material through to assess the small sized fraction mineral separation, magnetic separation and leaching characteristics.
The samples were taken at 1/2m to 1m intervals using an auger drill, approximately 1kg of material was taken from each sample location.
Julio Pinto Linares is a qualified person, doctor in geological sciences with specialty in economic geology and qualified professional No.
In March 2020, the Company moved into the lithium space with a purchase agreement to acquire 13 lithium-potassium boron prospective salars in central Mexico, which also includes a test plant and exclusive rights to a patented proprietary lithium extraction method.
Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made.