Strategic Asset Leasing Inc (fka LEAS)

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Right off the intro message, right out of the PR.

Salar de Maricunga

The Salar is located approximately 230km from the international airport of Caldera, and approximately 250km from the mining port of Chañaral. All these facilities are connected to the Salar by paved roads that can be used throughout the year.

The Salar de Maricunga is the second largest basin in Region III and has a basin area of 3,045 km2. This basin is characterized by significant morphological, climatic and geological variations, which normally occurs with major river basins.

During the 1980's, the "Comite de Sales Mixtas" CORFO (State Agency of the Republic of Chile) carried out a study in order to determine the potential in inorganic salts of commercial interest of the Salars. After performing a sampling and chemical analysis program, CORFO the following mineral resource at the Salar de Maricunga:

224,300 tonnes of Li; or
600,000 tonnes of Recoverable Li2CO3 (utilizing a 50% recovery factor); or
30,000 tonnes per year of Lithium Carbonate for 20 years
3,274,000 tonnes of KCl (potash); or
2,300,000 tonnes of KCl (utilizing a 70% recovery factor); or
115,000 tonnes per year of KCl for 20 years or 96% or Alfredo Requirements