Investor Presentaiton
A CONTAINED 12.3 MT OF SULFATE OF POTASH (SOP) AND 243,000 TONNES OF LITHIUM CARBONATE EQUIVALENT (LCE)
Maiden Mineral Resource Estimate
MAIDEN MINERAL RESOURCE ESTIMATE
SALAR
MINERAL
RESOURCE
CATEGORY
TONNES
(MT)
PAGE 7
LA SALADA SALAR MINERAL RESOURCE ESTIMATE
K (%)
LI (PPM)
SALAR
MINERAL
RESOURCE
CATEGORY
TONNES
K (%)
LI (PPM)
(MT)
LA SALADA
20
4.1
880
POTASSIUM
11
5.3
518
SANTA CLARA
85
4.8
264
HIGH LITHIUM
7
2.5
1,488
Inferred
Inferred
CALIGUEY
15
4.3
373
LOW LITHIUM
2
2.3
782
TOTAL
120
4.6
380
TOTAL
20
4.1
880
120 million tonnes (Mt) of Inferred Mineral Resources grading 4.6% potassium
(K) and 380 ppm lithium (Li)
A continuous high-lithium portion of La Salada salar containing 7Mt grading
1,490 ppm within a total 20Mt grading 4.1% potassium (K) and 880 ppm lithium
(Li)
A contained 12.3Mt of Sulfate of Potash (SOP) and 243,000 tonnes of lithium
carbonate equivalent (LCE)
Sediment sampling is restricted to 5 metre depths in most areas; excellent
exploration potential to increase the Mineral Resource at depth and by extending
the sampling to the edge of the salar basins where sampling has not taken place
La Salada separate statement is provided to demonstrate the different grades within
the three modelled domains (high-potassium, high-lithium and low-lithium) to
highlight the potential to mine a higher-lithium product at La Salada.
NOTES: Mr. Martin Pittuck, CEng, MIMMM, FGS, is responsible for this Mineral Resource statement and is an "independent
qualified person" as such term is defined in NI 43-101. Mineral Resource is reported above breakeven value of USD 37/t; calculated
using potassium and lithium grades, recoveries, operating costs and selling prices on a block-by-block basis. Mineral Resource is
considered to have reasonable prospects for eventual economic extraction by open pit surface mining. Mining Resources are not
Mineral Reserves and do not have demonstrated economic viability. The statement uses the terminology, definitions and guidelines
given in the CIM Standards on Mineral Resources and Mineral Reserves (May 2014) as required by NI 43-101. Effective date 17
December 2018. MRE is reported on 100% basis. Tonnes are reported in metric units.
SILVER VALLEY
METALS
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