Large Brine Target
Multi-tiered brine system
Previous drilling identified a multi-tiered brine system with several aquifers encountered north of the primary target area
Enclosed Basin
Unique geologic/structural setting with hydrologically enclosed basin trapping mineralization at Columbus for 23 million years
Favourable coverage of gravity low anomaly
5 km by 2.5 km highly prospective target area supported by favourable geophysical anomalies and geochemical signatures
Future upside at depth
Gravity surveys indicate a deep basement (up to 3657.60 m) highlighting the exploration upside and potential at depth
Phase I drilling demonstrated significant concentrations of both lithium and boron, increasing with depth. Phase II drilling is now underway with results expected in H2, 2024.
