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Salares Lithium Inc. (fka SALZF) RSS Feed

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Salares Lithium Inc. intends on being a mid-tier lithium producer. Our Salares 7 (brine) project is comprised of a 96,604 hectare land package with 39,404 hectares of brine exploration potential. Our competitive advantage is that 5 of our salares/brine lakes, which are 100% owned with our Chilean partner, are clustered within 155 kilometers. This cluster of salares along with the additional developmental concessions we have staked will allow us to move the project development forward unhindered by competitors. If you consider that 90% of the world’s lithium reserves (17,100,000 tonnes) are hosted in brine-based deposits, we believe our company should be established as a leader in the peer group of exploration companies.

Why Salares Lithium?

  • SCALE 7 salares - up to 70%interest
    96,604 hectares (largest pure salares package in peer group)
  • TYPE Brine - Salares (salt lakes)
    Lowest-cost production
  • MINERALIZATION - Lithium/Potassiumin all 7 salares
    Grade up to 1,080 ppm Li, 10,800 ppm K
  • LOCATION Chile - highest lithiumproduction in the world
    5 Salares clustered within 155 km


Additional References:
http://www.byroncapitalmarkets.com/reports/Initiating_Coverage-The_Magnificent_Seven.pdf (my thanks to gbstockhunter)

"- Salares Lithium is the present sole claimant on five of their seven individual salars in Chile, with a combined area of some 39,404 hectares on the lake beds themselves. The company holds more land that ties the salars together and provides working room.

- Historical sampling on the salars show surface lithium readings of up to 1,080 ppm. Mg:Li ratios are good at roughly 3:1.

- This is better than expected for salars in Chile, which usually show higher levels of magnesium.

- This is one of the most promising land packages we have seen; the claims were obtained for what we believe to be reasonable consideration, and, most importantly, Salares Lithium holds 100% of the land on the most promising lake beds.

 -While political elements in Chile must likely be appeased, we believe the company has done all that can be done in this regard by bringing Mr. Pablo Mir on as a Director."


other good reading ...

www.seekingalpha.com/article/194706-a-small-basket-of-recommended-lithium-companies

retirefund.blogspot.com/2010/04/lithium-mines-investing-in-future-of.html
www.theenergyreport.com/pub/co/2142?cover=1

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