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Rincon gets initial resource estimate

27th June 2018

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

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PERTH (miningweekly.com) – Junior PepinNini Lithium has reported an initial 600 000 t lithium carbonate and 270 000 t potash measured and indicated resource for its Rincon project, in Argentina.

An additional 6 000 t of lithium carbonate and 26 000 t of potash is also classified in the inferred category.

“We are very excited to see an initial Joint Ore Reserves Committee-compliant resource estimate from our hydrogeological consultants. The company now has a first defined resource estimate in place for our lithium project, which given the current price of lithium carbonate equivalent is a valuable resource,” said PepinNini MD Rebecca Holland-Kennedy.

“It forms the basis for subsequent resource estimates from our other projects to allow us to continue to advance to the next level of development for lithium production.”

Edited by Creamer Media Reporter

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