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Lithium Power International Announces Reserve Estimate and Resource Update for Maricunga Lithium Brine Project

Highlights

- Maiden Reserve estimate reported in accordance with JORC guidelines and NI 43-101 international standards, for a total of 742,000 tonnes of LCE1 thus exceeding the 20-year project mine life production needs.

- Resources updated to a total of 2,070,000 tonnes of Lithium Carbonate (LCE) now all classified as Measured or Indicated following the drilling of two additional 200 m deep holes.

- Life of mine extraction concentration between 1,050 and 1,200 mg/l lithium.

- Definitive Feasibility Study (DFS) is in the final stages of preparation for release.

Lithium Power International Limited (ASX:LPI) (LPI or the Company) through its Joint Venture (JV) Company, Minera Salar Blanco S.A. (MSB), is pleased to provide details of the maiden Ore Reserve and Mineral Resource update for its Maricunga lithium brine project in northern Chile.


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