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Thursday, 04/14/2022 9:22:30 AM

Thursday, April 14, 2022 9:22:30 AM

Post# of 117
Edison Lithium’s claims in the Antofalla basically surround Albemarle’s, and previous transient electromagnetic (TEM) geophysical studies of some of Edison’s claims indicate potential brine resources down to a similar depth of 500 meters. To date, there has not been a NI 43-101 technical report conducted on the claims to prove the resource. Edison’s Antofalla claims total about 107,000 hectares, or about 264,000 acres.

The company has completed an Environmental Impact Assessment for the prospecting phase of exploration of its Antofalla claims. The submission is basically a plan of work for the next phase of development as Edison moves toward confirming the lithium resources on its claims.

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