TNR Gold Corp : TNR Gold Royalty: Ganfeng Reports Increase of Measured + Indicated Resource to 6 85 Million Tonnes LCE at Mariana Lithium Brine Project
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TNR Gold Royalty: Ganfeng Reports Increase of Measured + Indicated
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International Lithium Corp.: International Lithium Announces Correction to News Release Dated July 8, 2021
Company or
ILC ) announces that the original news release captioned International Lithium Announces Measured + Indicated Resource of 6.85 Million Tonnes LCE at Mariana Lithium Brine Project published on July 8, 2020 contained a typographical error in the table illustrating the updated resource estimate.
Column one of the table contained the heading Brine Volume (Mm
3) which should read Aquifer Volume (Mm
3)
Column two of the table contained the heading Brine Volume (GL) which should read Brine Volume (GL)
Below is the corrected news release in its entirety with the relevant updates.
International Lithium Announces Measured + Indicated Resource of 6.85 Million Tonnes LCE at Mariana Lithium Brine Project
in the Inferred Resource category
these amount are also now stated as 7,863,000 tonnes of lithium chloride equivalent in the Measured and Indicated Resource categories, and an additional 1,454,000 tonnes of lithium chloride equivalent in the Inferred Resource category
Ganfeng have reported that an Environmental Impact Report approval has been received from the Salta regional government in Argentina for the construction of a plant with a designed annualized capacity of 20,000 tonnes per annum of lithium chloride.
The Salta regional government has disclosed in a news release following its discussions with Ganfeng that the likely project expenditure from now to bring the Mariana Project to full production is around US$600 million.