Average annual Production of 20,000 tonnes of battery-grade lithium carbonate over a 35-year project life Low initial capex of $318.9 million Positioned at the lower end of the operating cost curve with a $2,912/t LCE After tax NPV8% of $1.143 billion and IRR of 49.9% at $11,882/t LCE Well known, simple and proven processing Neo Lithium Corp. is [...]
The 3Q Project achieves a major milestone by submitting the project Environmental Impact Assessment to the Catamarca Mining and Environmental Authority, after more than 2 years of preparation. Final construction permitting process has now begun and approval is expected to be obtained in 2019 The 3Q Project will provide significant economic and [...]
The new drill hole in the high-grade zone yielded 137.6m with 1,128 mg/l Li extending the high-grade zone depth from 100m to 160m Long-term pump test at 80 m3/h for 20 days provided stable lithium production Neo Lithium Corp. is pleased to announce that Hidrotec SA completed Drill Hole PP25-R-1 down to 167 metres and a long-term pump test has been [...]
A $1.14 billion after-tax NPV with 8% discount rate and a 50% IRR at an average price $11,882/t LCE Significant cash flows generation over a 35-year life of mine drive a rapid payback of 1 year and 8 months provide a variety of financing alternatives Maiden Proven and Probable Reserves of 1.3Mt of LCE with 790 mg/l Lithium Low pre-production [...]
Neo Lithium Corp. is pleased to announce that the lithium carbonate pilot plant built by the Instituto de Investigaciones Tecnologicas from Universidad de Concepcion, Chile, has successfully arrived in Fiambala, Catamarca, Argentina. The Company’s engineers have started reassembling the Plant and expect to have it fully operational in late [...]
Lithium carbonate pilot plant has been delivered to the site High grade zone drilling started Pre Feasibility Study on schedule to be completed in Q1 2019 Strategic partnership discussions with multiple interested parties advance Neo Lithium Corp. is pleased to announce that it has successfully completed and tested the pilot plant built by the [...]
Pre-feasibility study expected by Q1 2019 Lithium carbonate pilot plant built and has commenced operation Environmental Impact Assessment to be submitted to authorities in Q1 2019, which, once approved, represents the final approval allowing for mine construction Neo Lithium Corp. is pleased to announce that it has contracted GHD, which is a [...]
Comprehensive environmental baseline study concludes: minimal impact on brine levels even at extraction scenarios of 60,000 tonnes of lithium carbonate per year; and no material environmental issues from proposed production activity at the project EBS submitted to the Catamarca Province authorities, paving way for final mining approvals Pilot [...]
Brine hydrogeological numerical model completed Completion of first production well, yielding a notable 90 litres of high grade lithium brine per second from 100 metres depth Significant progress in the environmental permits, including full environmental baseline study finalized and all documentation to be provided to provincial authorities of [...]
Neo Lithium is pleased to announce that, further to its news release dated July 19, 2018, the Company has filed a National Instrument 43-101 technical report in connection with its updated resource estimate for the Tres Quebradas lithium brine project in Catamarca Province, Argentina . Waldo Perez, President and CEO of Neo Lithium, commented on the [...]
Resource upgrade confirms the 3Q Project as one of the largest and highest-grade lithium brine deposits in the world Significant high-grade resource estimate at 400 mg/L Lithium cut-off: • Measured and indicated resource estimate of 4,005,000 tonnes of lithium carbonate equivalent at an average grade of 614 mg/L Lithium • High grade zone [...]
Highest grade intercept ever over 99.5 metres with an average of 1,407 mg/L Lithium and 10,562 mg/L potassium Average grade of all drill samples is 14% higher than the initial season’s results Deep aquifer drilled to 647 metres and still open at depth TORONTO, June 18, 2018 -- Neo Lithium Corp. is pleased to announce that the Company has [...]
