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Lithium Power International (ASX:LPI) Independent Research Report 2019
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Lithium Power International (ASX:LPI) (FRA:24L) (OTCMKTS:LTHHF) is the majority owner of the Minera Salar Blanco S.A. JV ("MSB") with its main asset, the Maricunga lithium brine project, located in Chile, 3750 metres above sea level and 160 kilometres from the city of Copiapo near the Argentinian border. The JV has three shareholders, LPI (51%), Minera Salar Blanco, also known as Minera, (31%) and Bearing Lithium (18%). The vast majority of LPI's valuation is its stake in the MSB, the central focus of this report, however, the company also has highly prospective exploration tenements in Western Australia (currently drilling at Tabba Tabba) and Argentina.
Since joining the MSB in 2016, LPI has injected $31m in staged payments, facilitating the accelerated development of the project using Tier 1 consultants to definitive feasibility stage by January 2019. These factors make the JV the most advanced undeveloped lithium project in Chile. To view the Research Report, please visit: https://abnnewswire.net/lnk/A19BWN45
Cristobal Garcia-Huidobro - CEO;
or Andrew Phillips - CFO
Lithium Power International
E: info@lithiumpowerinternational.com
Ph: +61 2 9089 8723
www.lithiumpowerinternational.com
@LithiumPowerLPI
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