LI3 Energy Inc (fka LIEG)

[Dr_Vonschellan]

LPI published their Director's Report 9-21-2016.
NewCo JV 50% partner published their Director's Report this morning with very informative highlights on the Maricunga project which reads in summary:

"In South America, we (LPI) have recently executed and announced the Investment Agreement for the Maricunga lithium brine joint venture in Chile. Already a known lithium resource, we have completed building the camp and will start the drilling program this month. Our 16 diamond hole drilling program is anticipated to be completed by the end of December (2016) and the new pre-feasibility study to be available by the end of March 2017. With the second-highest lithium grade for all salars in the region, we look forward to improving on the current resource over the next 6 months. Importantly, the Maricunga JV has quickly transitioned Lithium Power from a lithium explorer into a lithium developer, with the realistic prospect of evolving into a lithium producer by 2019/2020."

The updated colored NewCo maps and statistics are in the new report along with LPI's Australian work and their financials.

It is very nice to see an explorer/miner partner as LPI who is so capable, adept, tech/media-savvy and precise at keeping us LIEG shareholders "informed" and up-to-date.

The Doctor