- Increased Resource Potential in the Southern Gravity Low- Large Mineralized Intersection Averaging 285 mg/L Lithium of 145 metres in SPD-09- Section Includes Previously Reported Zone Averaging 370 mg/L Lithium Over 24.2 metres, and is Immediately Adjacent
- Initial resource estimate work ongoing and on track- Anticipate initial resource estimate data within 4 weeks - Drilling to recommence at Diablillos targeting deeper aquifer depths within the basin
- Drilling Intersects 66 Metres Grading 629 mg/L Li, 7600 mg/L K, 491 mg/L B With Average 3.21 Mg:Li- Exploration Program Defines a Mineralized Area of 32 Square Kilometres Covering the Entire Salar and Margins
- Drilling Intersects 204 Metres Grading 536 mg/L Li, 5638 mg/L K, 741 mg/L B With Average 3.48 Mg:Li- Exploration Program Continues to Expand Mineralized Zone Approximately 5 Km South of Hole D-RC-01 and 3 Km West of Hole D-RC-07
- Strategic Investor, Shanshan, Is One of the Leading Lithium-ion Battery Materials Providers in China and Is a Significant End User of Battery Grade Lithium Carbonate- Shanshan Now Owns Approximately 7.6% of the Basic Common Shares Outstanding
TORONTO, ONTARIO -- (Marketwire) -- 11/17/10 -- Rodinia Lithium Inc. ('Rodinia' or the 'Company') (TSX VENTURE: RM)(OTCQX: RDNAF), is pleased to announce that it has engaged AMEC Internacional Ingenieria y Construccion Limitada ('AMEC') to prepare an initial mineral resource estimate and National Instrument 43-101 compliant independent technical
TORONTO, ONTARIO -- (Marketwire) -- 11/11/10 -- Rodinia Lithium Inc. ('Rodinia' or the 'Company') (TSX VENTURE: RM)(OTCQX: RDNAF), is pleased to announce that it intends to complete a non-brokered private placement financing of common shares of the Company ('Common Shares') at a price of $0.55 per Common Share for gross proceeds of up to
- Artesian Brine Intersected in Last Three Drill Holes with Values up to 540 mg/l Lithium, 5500 mg/l Potassium, 660 mg/l Boron and a Mg:Li Ratio of 3.33- Exploration Program Continues to Deliver Positive Drill Results, Expanding Zone Approximately 4 km East and 4.5 km South of D-RC-01
- COMPLETED STAKING OF AN ADDITIONAL 18,040 ACRES AT CLAYTON VALLEY- TOTAL CLAIM PACKAGE COMPRISES ALMOST 70,000 ACRES AND COVERS THE ENTIRE GRAVITY LOW, INTERPRETED AS THE DEEPEST AND MOST PROSPECTIVE AREA OF THE BASIN
- EXPLORATION PROGRAM ENCOUNTERS AVERAGE 607 mg/L LITHIUM, 6,877 mg/L POTASSIUM, AND 794 mg/L BORON TO A DEPTH OF 150 METRES- SECOND REVERSE CIRCULATION DRILL HOLE CONFIRMS HIGH-GRADE LITHIUM OVER 1 KM WEST OF FIRST HOLE
- Gravity Survey Allows Estimation of Basement Depth and Potential Aquifers Contained Within the Basin- Results Show Basement Depths Exceeding 390 Metres From the Salar Surface- Results Extend the Potential Mineralized Horizons Further North by an Additional 2.0 Kilometres
- Exploration Program Continues to Deliver Positive Results- Auger Drill Program has Expanded the High-Grade Nucleus Another 1.5 km on Strike - Entire Sampled Salar is Mineralized Averaging 680 mg/L Lithium, 7,400 mg/L Potassium, and 669 mg/L Boron