Strategic Asset Leasing Inc (LEAS)

[Maestro111]

Estimated value of Salar de Maricunga Project only - $260 million

I think shareholders need to remind themselves of the value of this land. The companies who hold the concessions will be in demand as Chile's new program unfolds. Mammoth is rumoured to be working on at minimum a Joint Venture and possibly a Merger with a lithium miner/producer. Some DD on the Chile lithium climate will show it is heating very quickly since the Feb 7th release.

Total of 31,000 acres (All projects) brings us up to possibly $900 million at $30,000 per acre. $10,000 per acre is still $310 million.

Mammoths stake
Salar de Maricunga:
Acres: 8649 acres(3500 Hectares)
Concessions: 13
Location: Commune—Copiapo


Salt Gold Inter Chile Limitada lithium concessions consist of 1008 acres in the Salar de Maricunga. Preliminary results of drilling and chemical analysis from its project under development has returned results and confirmed the presence of lithium — potassium brine bearing aquifers. Brine Concentrations averaged grades of 650 ppm (parts per million) for lithium and 9500 ppm for potassium. These results confirm a significant third dimension to surface brines sampled on the project. The brine chemistry in the first test wells compares favorably to other Lithium companies in the region including the large multi-national Lithium producers whose estimates in the Atacama and throughout the region average 500 to 750 ppm Lithium and 9000-10000 ppm for potassium. Depths at the Salar de Maricunga average 100 Meters or 300 feet and currently acres are valued around $30,000 USD.