Neo Lithium Corp. (TSX-V: NLC), a lithium brine exploration company, engages in the exploration and development of resource properties. It explores for lithium deposits. It owns a 100% interest in the Tres Quebradas (3Q) project covering an area of approximately 35,000 hectares, including a salar complex of approximately 16,000 hectares located in Catamarca Province, Argentina. Neo Lithium Corp. was incorporated in 2016 and is headquartered in Toronto, Canada.
3Q is one of the top three highest-grade lithium projects in the world and is the seventh-largest brine project on the planet with significant exploration potential.
The project has proven and probable reserves of 1.3 million tons of lithium carbonate (LCE) with 790 milligrams per litre of lithium and a report last year highlighted its very strong economics and 35-year mine life. In terms of resources, at the overall deposit area, using a 400 mg/l cut-off, the 3Q project has over 4 million tonnes of LCE in the higher confidence measured and indicated (M&I) category.
On Oct. 8, 2021, the company announced it had entered into an arrangement with Zijin Mining Group that, upon completion, will result in the acquisition of all of the company’s outstanding shares at a significant premium to the prevailing market price and historical trading price of the company’s common shares. The transaction will unlock value and provide a significant benefit to shareholders, while removing any technical execution risk, dilution risk and commodity price risk associated with developing the 3Q project.
Liberty One Lithium Corp. is an exploration company focused on the acquisition and development of resource opportunities. The Company is building its success based upon three core values; location, team and capital management.
Lithium Americas is a junior exploration and development company focused on the exploration and development of lithium, potash, borax and other industrial minerals in South America. Lithium Americas Corp. is managed by accomplished professionals with a proven track record of discovery, a deep knowledge of South American geology and an extensive network of high-level and strategic relationships throughout the continent.
Lithium Ionic owns a 100% ownership interest in the Itinga lithium project in Brazil. The Itinga Project is located in Minas Gerais State (MG), Brazil. The Project comprises five mineral licenses covering more than 1,300 hectares in the prolific Aracuai lithium province. A portion of the Project occurs immediately south of the CBL lithium mine and plant, Brazil’s only lithium producer, and immediately north of the large Barreiro and Xuxa lithium deposits of Sigma Lithium Corp. CBL has been in operation since 1993. Sigma’s estimated mineral resources, based on their 43-101 technical report, exceeds 50 million tonnes of lithium oxide (Li2O) mineralized pegmatite in four deposits.
The Project area has excellent infrastructure, including access to hydroelectrical grid power, water, a commercial port, highways and communities. Mineralized structures have been identified in two areas within the Project and the remainder of the Project area remains to be explored.