Salares Lithium reports an update on the Salares 7 project in Region III, Chile.
The Company is pleased to advise that it has initiated the process to transform the concessions that cover the aerial extent of the Project’s salares/brine lakes (39,404 Ha) from the current ‘exploration’ concessions to ‘exploitation’ concessions.
Todd Hilditch, CEO of Salares Lithium Inc. comments:
“Any […]
The Company is pleased to advise that it has initiated the process to transform the concessions that cover the aerial extent of the Project’s salares/brine lakes (39,404 Ha) from the current ‘exploration’ concessions to ‘exploitation’ concessions.
Todd Hilditch, CEO of Salares Lithium Inc. comments:
“Any additional prepatory work we can do now to expedite future possible development is being done. The historic sampling (non NI43-101) completed at our Project and more particularly on the largest brine lake, Salar de La Isla, provided samples that are comparable in grade to current producers. This information, coupled with our geophysics results identifying the presence of sizeable reservoir rock, gives management comfort that advancing to exploitation concessions will save us time in the future.”
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