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Large Scale, High Grade, Lithium Deposits with Excellent Ongoing Growth Potential in Brazil’s “Lithium Valley”
Total Global Mineral Resources
(Banderia + Outro Lado + Salinas)Measured & Indicated:
32.51Mt grading 1.31% Li2O (1,05kt LCE)
32.51Mt grading 1.31% Li2O (1,05kt LCE)
Inferred:
27.57Mt grading 1.24% Li2O (846kt LCE)
27.57Mt grading 1.24% Li2O (846kt LCE)
In May 2024, a Feasibility Study (“FS”) was completed for Bandeira, supporting a long-life, low-cost operation with strong economic viability with a post-tax NPV8 of US$1.3B and an IRR of 40% (see complete FS results HERE)
Breakdown of Mineral Resources by Deposit
BANDEIRA:
Measured & Indicated:
23.68Mt grading 1.34% Li2O (787kt LCE)
23.68Mt grading 1.34% Li2O (787kt LCE)
Inferred:
18.25Mt grading 1.37% Li2O (617kt LCE)
18.25Mt grading 1.37% Li2O (617kt LCE)
*See details and notes related to this MRE in the press release HERE
OUTRO LADO:
Measured & Indicated:
2.97Mt at 1.46% Li2O (108kt LCE)
2.97Mt at 1.46% Li2O (108kt LCE)
Inferred:
0.42Mt at 1.48% Li2O (15kt LCE)
0.42Mt at 1.48% Li2O (15kt LCE)
