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Defi Technologies Inc. (DEFTF)

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Last Post: 5/13/2021 9:06:53 AM - Followers: 11 - Board type: Free - Posts Today: 0

Tel: +1 (647) 258-3311
Toll-Free: +1 (888) 258-3323
Fax: +1 (416) 363-7977
Tel: +1 (416) 861-1685

Fax: +1 (416) 861-8165
Mailing Address:
67 Yonge Street, Suite 1000
Toronto, Ontario
M5E 1J8
Mailing Address:
65 Queen Street West, 8th Floor
Toronto, Ontario, Canada
M5H 2M5



Rodinia is a Canadian mineral exploration company with a primary focus on Lithium exploration and development in North and South America.  The Company is positioned to capitalize on the explosive demand for lithium carbonate expected from the paradigm shift to mass adoption and use of key lithium applications (lithium-ion batteries, glass ceramics, greases, pharmaceuticals, etc.).

Our Mission

Rodinia's mission is to be the premier emerging lithium mining company.  Our mission is to locate, explore and develop projects with the potential to become world class deposits.

Our Strategy

We focus our exploration on mining-friendly jurisdictions with strong histories of lithium mineralization.  Understanding that good projects have little value without the ability to move them forward, we have assembled - and will continue to assemble - a management team with the knowledge and experience to:

  1. Raise necessary capital
  2. Identify and secure top lithium projects
  3. Explore and develop lithium projects into producing assets

Rodinia Lithium is a Canadian mineral exploration and development company with a primary focus on Lithium exploration and development in North and South America. The Company is also actively exploring the commercialization of a significant Potash co-product that is recoverable through the lithium harvesting process.

Rodinia's Salar de Diablillos lithium-brine project in Salta, Argentina, contains a recoverable inferred brine resource of 2.8 million tones lithium carbonate equivalent from an in-situ inferred brine resource of 4.9 million tonnes lithium carbonate equivalent. The project also contains a recoverable inferred brine resource of 11.2 million tonnes potassium chloride equivalent from an in-situ inferred brine resource of 19.83 million tonnes potassium chloride equivalent. Throughout 2011, Rodinia will focus on continuing to develop the Diablillos project by completing additional drilling and advancing through a Preliminary Economic Assessment.

The Company also holds 100% mineral rights to approximately 70,000 acres in Nevada's lithium-rich Clayton Valley in Esmeralda County, and is currently in the process of assessing the size, quality and processing alternatives of this deposit. The Clayton Valley project is located in the only known lithium-brine bearing salt lake in North America, and looks to represent the only newsource for domestic lithium carbonate supply.

Rodinia expects to develop both its Diablillos and Clayton Valley lithium projects into two of the world's largest strategic, scalable and reliable sources of battery grade lithium carbonate. The Company is positioned to capitalize on the explosive demand for lithium carbonate expected from the paradigm shift to mass adoption and use of key lithium applications including lithium-ion batteries (electric vehicles, hybrid-electric vehicles, computers, smart phones, power grid stabilization, etc.).



  • Clayton Valley is the only known lithium brine source in North America
  • Rodinia controls >70,000 acres in the ONLY known lithium bearing brine deposit in North America
    • Surround the only producer: Chemetall (Rockwood Holdings subsidiary)
    • Chemetall has been producing for over 40 years at a rate of 2,000-5,000 LCE tonnes per year
  • Clayton Valley known to contain at least 5 lithium-rich aquifers
    • Grades ranging from 180 to 420 ppm lithium
    • Leading magnesium levels at approximately 1:1 Mg:Li
  • Power line and main road infrastructure already in place

Project Description and Location 
Clayton Valley is located in the central portion of Esmeralda County, Nevada, United States of America, approximately 70km west of Goldfield, the county seat, and approximately 55km southwest of Tonopah, the largest nearby town; approximately half-way between Reno and Las Vegas.

The property consists of 72,340 acres comprising 1,012 claims on BLM (Bureau Land Management) administered land. This includes 470 claims which were recently staked in the south eastern portion of the property for purposes of ensuring sole ownership in the valley.

Clayton Map   Clayton Map 2

Work Programs

Rodinia’s current leadership team inherited some historical work at Clayton Valley, and commenced its initial exploration work in 2009. By the summer of 2010, the Company had completed a detailed gravity survey over its entire land holding and had drilled 6 reverse circulation drill holes strategically across the deposit, collecting data that included lithology, specific gravity, reverse circulation return flow rates, temperature and other field measurements. Additionally, downhole geophysical logging (porosity and density), sediment and brine sampling was conducted at regular intervals where possible. The results were deemed positive, having interested 370 mg/L lithium over 30 metres on the southern trend in Drill Hole SPD-09. It is believed that this intersection coincides with the aquifer that Chemetall is currently producing from on the neighboring property.

Rodinia is currently in the process of permitting its third exploration drill program for Clayton Valley. The program calls for up to seventy-two reverse circulation drill holes targeting extensions of the known Silver Peak aquifers.

Gravity Survey

Salar De Diablillos Project:


  • Situated in mining friendly Salta Province, Argentina
  • Rodinia controls the nucleus of the Salar
    • Currently own >90% of the Salar
    • Control 100% of the prospective producing area
    • No sharing issues - no other competition on the Salar
  • Control enables a fast track to production
  • Access to required infrastructure:
    • Trucking routes
    • High tension power
    • Water
    • Skilled labor

Project Description and Location
The Diablillos property is located approximately 145km southwest of the city of Salta, a few kilometers north of the border between the Provinces of Salta and Catamarca, Argentina. The entire property is within the Province of Salta, and covers an area of 5,786ha in the Puna region of northwestern Argentina.

Rodinia's property covers the entirety of the Salar de Diablillos nucleus and a vast majority of the margin land with only approximately 600 hectares of land in hands of private individuals.

Rodinia owns the right to explore and harvest the lithium-bearing brines within the mining leases currently owned by Borax Argentina, as well as the rights to an additional three mining leases and two exploration leases on the Salar.

Diablillos Map Diablillos Location Diablillos Property

Brine Resource Estimate, Diablillos Lithium-Potash Project, Salta, Argentina as of March 29, 2011

On April 1, 2011, Rodinia provided and updated Brine Resource Estimate for the Salar de Diablillos Lithium-Potash Project. The updated estimate reports an inferred recoverable brine resource of 530,000 tonnes of lithium metal, 5,911,000 tonnes of potassium and 615,000 tonnes of boron, which is equivalent to 2,817,000 tonnes of lithium carbonate equivalent, 11,270,000 tonnes of potash and 3,519,000 tonnes of boric acid. This inferred recoverable brine resource is a follow up to an inferred in-situ brine resource announced on March 2, 2011. The inferred in-situ brine resource consists of 4,959,000 tonnes of lithium carbonate equivalent, 19,837,000 tonnes of potash and 6,194,000 tonnes of boric acid.

Table 1 - Brine Resource Estimate, Diablillos Lithium-Potash Project, Salta, Argentina as of March 29, 2011

Aquifer Recoverable
Brine Volume
S. G. Concentration Recoverable
  (1000m3) (%)   Li
Li (Mt)
K (Mt)
B (Mt)
Li2CO3 Mt
eq. (1000)
KCl Mt
eq. (1000)
Boric Acid
Mt eq. (1000)
I 41,470 15.00% 1.10 592 6,298 647 25 261 27 131 498 153
II 270,825 18.50% 1.07 471 5,269 540 128 1,427 146 679 2,721 836
III 640,258 18.50% 1.10 589 6,595 691 377 4,223 442 2,007 8,051 2,530
TOTAL 952,553 18.31% 1.09 556 6,206 646 530 5,911 615 2,817 11,270 3,519

Table 1 - Inferred recoverable brine resource estimate for the Salar de Diablillos.  Equivalent tonnages are reported as recoverable in metric tonnes ("Mt") and were calculated using standard conversion rates as determined by the chemical composition of the final product, and are independent of price and mining processes.  A 230 mg/l Li cut off was used for all resource estimations.


  1. Recoverable resources are determined by the specific yield which is the unit volume of fluid that will drain under gravity. The specific yield values may change when further data from the Diablillos deposit are collected. These resources do not include allowance for losses in extraction of Li, K and B from brines in a treatment plant.
  2. The economic cut-off applied was based on analogous deposits.
  3. Assumptions regarding thicknesses of Aquifer ll and lll may change with more detailed drilling and geophysical data.
  4. The effective date of the estimate is March 1, 2011.

Work Programs

Rodinia began work on Diablillos in 2010. By the end of the same year, the Company had completed an extensive auger sampling program and had drilled 16 reverse circulation drill holes covering the entire basin, collecting data that included lithology, specific gravity, reverse circulation return flow rates, temperature and other field measurements. Additionally, downhole geophysical logging (porosity and density), sediment and brine sampling was conducted at regular intervals where possible. The exploration program included a property-wide gravity and topographical survey. The results were deemed adequate for an initial resource estimate.

Lithium mineralization is confined within the enclosed basin. Vulcan software wireframe solids were generated by AMEC Internacional Ingenieria y Construccion Limitada ("AMEC"), a reputable international engineering consulting firm, for the different domains, as well as the basement and topography surfaces. The Diablillos block model was created using a 250x250x6m block size with sub blocks down to 50x50x2m for aquifers II and III. For acquifer I, where auger sampling was done on a 300x300m spacing, and the parent block size was 50x50x6m with sub blocks down to 25x25x2m. Block grades were calculated using inverse distance squared grade estimation methodologies. All blocks were assigned an Inferred brine resource classification. At depth resources within the third aquifer, were limited by an interpolated surface representing 30m below the total depth of drill holes.

The independent brine resource estimate prepared by AMEC is consistent with the standards set out in Canadian Securities Administrators' National Instrument 43-101 and the Company is treating the inferred brine resource estimate as a National Instrument 43-101 Technical Report.

Diablillos Brine Estimate Diablillos Brine Estimate 2 Diablillos Brine Estimate 3
Diablillos Brine Estimate 4
Diablillos Geiser  

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#78   What can u tell me about this company jonsmile 05/13/21 09:06:53 AM
#77   Hey Renee I stumbled across this stock what jonsmile 05/13/21 08:42:21 AM
#76   RDNAF changed to DEFTF: Renee 04/22/21 04:18:43 PM
#75   Is this thing legit? I want to get SweatpantKing 04/16/21 01:17:03 PM
#74   this is strange, sometimes they charge 50 bux Monroe1 04/15/21 03:35:57 PM
#73   So why now it costs an additional $50 Monroe1 03/12/21 10:54:44 AM
#72   Routemaster Capital Ltd. changed to Defi Technologies Inc. Renee 03/01/21 07:53:40 PM
#71   https://stockhouse.com/companies/bullboard?symbol=v.rm&postid=32331977 https: 1 day sun 4 all 01/20/21 08:38:15 AM
#70   Be part of it right from the start! 1 day sun 4 all 01/20/21 08:07:17 AM
#69   100% Buy! Barchart - highest possible rating! 1 day sun 4 all 01/18/21 09:02:15 AM
#68   Name change very soon: 1 day sun 4 all 01/15/21 02:08:06 PM
#67   Why DeFi is the Future of Finance 1 day sun 4 all 01/15/21 09:59:58 AM
#66   Jan. 14, 2021 - Routemaster Capital 1 day sun 4 all 01/14/21 08:50:17 AM
#65   A market leader here?! For listed digital crypto 1 day sun 4 all 01/13/21 01:22:45 PM
#64   RDNAF rises and rises and no one notices!!! 1 day sun 4 all 01/13/21 10:44:09 AM
#63   12/09/17: Big volume spike in Canada for Routemaster saturn_five 12/09/17 03:24:28 AM
#62   Rodinia Lithium, Inc. changed to Routemaster Capital, Ltd. Renee 09/19/16 06:44:45 PM
#61   why RM moves more than 1 million and pepemartinez 05/06/15 11:01:01 AM
#60   Ridicule to see that. With 5300 shares pepemartinez 04/09/15 02:54:02 AM
#59   This board was never very active so haven't apostrophe 12/14/14 09:02:30 PM
#58   what the hell happened here? RM is not pepemartinez 12/05/14 03:46:09 AM
#57   incredible to see we are at less than pepemartinez 07/29/14 02:49:29 AM
#56   Since we can post pretty much anything here, apostrophe 05/18/14 04:45:40 AM
#55   is there any still any investor here? any pepemartinez 05/12/14 03:19:35 PM
#54   when rodinia will move really, to 0,20$ or pepemartinez 05/12/14 12:05:05 PM
#53   I think this is another sleeping stock but pepemartinez 05/05/14 02:09:29 AM
#52   Rodinia Lithium Announces Increase to Private Placement Financing Rodinia gixxer11 03/24/14 05:21:38 PM
#51   I'm going very long here until end of 2016 pepemartinez 03/19/14 03:51:17 AM
#50   To be honest - I really don't fully gixxer11 03/17/14 07:23:41 AM
#49   and what about this? pepemartinez 03/17/14 03:24:37 AM
#48   gixxer11, I don't understand this part of the new: pepemartinez 03/17/14 03:07:15 AM
#47   this is very interesting: pepemartinez 03/17/14 03:02:08 AM
#46   what's your opinion gixxer11? I'm trying to going pepemartinez 03/16/14 03:49:13 PM
#45   Rodinia Lithium Announces Private Placement Financing Rodinia Lithium Announces gixxer11 03/15/14 08:23:53 AM
#44   I think this is the game here until pepemartinez 03/13/14 02:18:51 AM
#43   bought some more yesterday I want an avg pepemartinez 03/12/14 04:30:14 AM
#42   someone here is accumulating for 2015 or 2016???? pepemartinez 03/11/14 03:13:47 AM
#41   I will buy more below 0,06 if I pepemartinez 03/06/14 02:03:36 AM
#40   hello what' the target here? when is RODINIA pepemartinez 03/05/14 12:59:47 PM
#39   $RDNAF - slow and steady wins the race :-) gixxer11 02/28/14 10:31:50 AM
#38   Rodina Minerals: livingtheday1 02/28/14 09:03:42 AM
#37   RDNAF and RM.V livingtheday1 02/27/14 03:19:17 PM
#36   $RDNAF - nice day today gixxer11 02/27/14 02:53:17 PM
#35   This is the biggest volume day that I've gixxer11 02/27/14 12:43:21 PM
#34   .20 is very possible IMO - moves gixxer11 02/27/14 12:39:53 PM
#33   Whats your short term goal? livingtheday1 02/27/14 12:35:44 PM
#32   TSLA - should help move this puppy ;-) gixxer11 02/27/14 12:31:03 PM
#31   Seems like a pretty bright outlook IMO - gixxer11 02/27/14 11:57:27 AM
#30   ur take? livingtheday1 02/27/14 11:50:09 AM
#29   Notta clue - took a very small gamble gixxer11 02/27/14 11:48:00 AM
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