Strategic Asset Leasing Inc (LEAS)

[Maestro111]

Maricunga Overview
Updates on map
http://maps.google.com/maps/ms?msid=216422150148116910310.0004b20ef9715a1cf0000&msa=0&ll=-4.565474,-79.145508&spn=16.892263,33.837891

Lots happening in this region the last year with many events culminating here soon. I have put together the recent research. This only represents a small portion of everything that is out there.
We are the 2nd largest concession holder in the region
Maricunga Junior company lithium holdings
1. Codelco - 13 concessions largest acreage, total unknown
2. Mammoth Energy - 13 concessions, 8649 acres (2nd largest concession holder)
3. Lithium 3 Energy - 6 concessions, 3553 acres
4. Simbalik Group - 4 concessions, 3335 acres
5. Pan American Lithium - 5 concessions, 2965 acres
6. Talison - 1 concession - 257 acres



Li 3 Energy

Li3 Energy Announces Memorandum of Understanding with Strategic Partner
http://www.li3energy.com/news-media/news_pdfs/2012/Li3-POSCOCooperationAgreementMar2012Final.pdf

Important to note
The Maricunga properties represent the only Chilean properties in Li3 portfolio.

Recent signum box studies result in this
Flagship Maricunga Project Maintains 2011 Year End Top Project Ranking
As of December 31st, 2011, according to the signumBOX Performance Index (SPI) ranking, upon achieving Chilean government permits, Li3’s Maricunga Project in its current state, is ranked amongst the top 5 undeveloped lithium projects in the world out of 52 other brine salars;

Pan American Lithium has struck its own deal with Posco.
Pan American has a larger portfolio of properties than LI3 spread throughout the Atacama.
Pan American Lithium Corp announces private placement with POSCAN
http://www.zorominingcorp.com/index.php?option=com_content&view=article&id=47&Itemid=53

Note where Pan American concessions are located in the Maricunga region. They are well north of the salar de Maricunga.

Simbalik Group has exploitation rights in the Maricunga. They are mentioned here in this article.
However, a new competitor is about to enter the market. Taiwan-based Simbalik Group was recently granted authorization by CCHEN to start mining lithium from a concession at the Salar de Maricunga salt lake in northern Chile that dates from 1932.
http://www.bnamericas.com/news/mining/mining-ministry-calls-on-codelco-to-evaluate-participation-in-lithium-industry1

They can basically submit the proper paperwork on start mining in the Maricunga. They are currently exploring this opportunity.

Codelco has been called upon to mine in Chile by the Ministry of Energy as of March 23rd of this year.
Mining ministry calls on Codelco to evaluate participation in lithium industry.
http://www.bnamericas.com/news/mining/mining-ministry-calls-on-codelco-to-evaluate-participation-in-lithium-industry1

Water Geochemistry test results


Now with the concessions overlaid


Lagoon results
Salar de Maricunga Water Geochemistry (1999)
MAR. 10, 11, 20, 21, & 22 are in MMTE's concession boundary. MAR 17 interestingly enough is in the concessions located to the east and also tested positive for Li among other strategic minerals to be discussed in a later post.[/u]


Salar de Maricunga Geochemistry results 2009