LPI is to spin-out its Western Australian Greenbushes and Pilgangoora lithium assets in the next six months Greenbushes tenements are immediately along strike from the Talison mine, the world's largest lithium producer, while Pilgangoora is adjacent to assets owned by Pilbara Minerals LPI's WA interests are held by a wholly-owned subsidiary of LPI , which will seek to list on the ASX LPI shareholders to receive DemergeCo [...]
HIGHLIGHTS LPI is advancing on multiple lithium projects and prospects in Western Australia Completion of a high-definition drone magnetic survey at the Blackwood Prospect over a significant structural anomaly on the Donnybrook-Bridgetown Shear Zone, along strike from the world-class Greenbushes lithium pegmatite deposit in SW Western Australia Soil sampling commenced over a new target area at Blackwood Prospect Phase 1 [...]
Highlights Deloitte has been appointed to assist the Company with ensuring a robust Environmental, Social and Governance program at Maricunga. The goal is to imbed sustainable protocols in future lithium extraction operations and to establish ambitious standards and objectives to become a carbon neutral producer, while keeping high standards on the social aspects. LPI has followed the ESG structure outlined since the [...]
Highlights Updated Measured and Indicated resource for the Maricunga Stage One Lithium Brine Project in Chile confirmed an increase by 90 per cent compared with 2019 Definitive Feasibility Study. Measured and Indicated resource now estimated as 1,905,000 tonnes of Lithium Carbonate Equivalent for the Stage One mining properties at an average grade of 953 mg/l lithium. This increase in M+I Resources is in addition to the [...]
Lithium Power International Ltd. is pleased to submit its quarterly Activity Report for the period ended 30 June 2021. HIGHLIGHTS The latest drilling program on the Maricunga Stage One mining concessions has been completed, with five exploration core holes each reaching target depth of 400m. Drilling results showed positive average lithium concentrations of 989 mg/l, with a maximum of 3,375 mg/l, confirms Maricunga as one [...]
HIGHLIGHTS Detailed magnetic survey planned for September 2021 over Blackwood Prospect Mapping shows Blackwood Prospect contains pegmatites on NW with anomalous lithium and other elements commonly associated with LCT Pegmatites Identified NW structures in Blackwood Prospect are key to pegmatite emplacement Detailed Fauna Survey and Assessment to commence at East Kirup in August 2021 An initial 1600m RC Drilling program to [...]
HIGHLIGHTS The latest drilling program on the Stage One mining concessions has been completed, with five exploration core holes each reaching target depth of 400m. Positive average lithium concentration of 989 mg/l, with maximum amount of 3,375 mg/l, confirming Maricunga as one of the richest deposits globally. Significant resource expansion expected for Stage One after the new drilling program tested the 200-400m [...]
Lithium Power International Ltd. is pleased to announce that its joint venture company, Minera Salar Blanco S.A. has entered into a non-binding Memorandum of Understanding with the Japanese conglomerate Mitsui & Co., Ltd., to set up a strategic alliance to advance the development of the Maricunga project . The MOU intends to create a partnership on the Project. The MOU also addresses the development of the Chilean lithium [...]
Lithium Power International Ltd. provide the Noosa Mining Conference November 2020 presentation. Minera Salar Blanco S.A. is the joint venture that owns the Maricunga project. Ownership is 51% Lithium Power International , 31% Borda Group and 18% Bearing Lithium . Maricunga is Chile's highest grade and most advanced lithium project outside the Salar de Atacama. A 2019 Definitive Feasibility Study by WorleyParsons supports [...]
Lithium Power International Ltd. is pleased to submit its Quarterly Activity Report for the period ended 30 June 2020. HIGHLIGHTS Due diligence on the Maricunga lithium brine project continues under the Memorandum of Understanding between the Chilean State-owned mining company, CODELCO, and the project's joint venture company, Minera Salar Blanco S.A. . The Engineering, Procurement and Construction bidding process for [...]
Lithium Power International Ltd. today announced it had completed a transaction with Carnaby Resources Ltd covering the Strelley tenement, E45/4638, in the north of Western Australia. The transaction provides LPI some realisation of value for its asset, which to date had not provided any significant potential for lithium in the exploration and development work undertaken. The basic details of the transaction are: - The [...]
Given the easing of restrictions associated with Covid-19, Lithium Power International Ltd. is pleased to provide a general update of activities adding to the Quarterly Report released on 22 April 2020. HIGHLIGHTS - The Engineering, Procurement and Construction bidding process for the Maricunga project continues. - Two major global engineering groups, Worley Parsons and Bechtel, have been chosen to provide a comprehensive [...]
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