Neo Lithium Announces Maiden Resource Estimate at the 3Q Lithium Project in Argentina

May 23, 2017

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TORONTO, ON–(Marketwired – May 23, 2017) – Neo Lithium Corp (TSX VENTURE: NLC) (OTCQX: NTTHF)

  • Significant high grade Measured and Indicated and Inferred resource estimate
    • Measured and Indicated Resource of 714,242 tonnes of lithium carbonate equivalent at an average grade of 716 mg/L Lithium
    • Inferred Resource of 1,339,546 tonnes of lithium carbonate equivalent at an average grade of 713 mg/L Lithium
    • Conservative cut-off grade of 520 mg/L Lithium one of the highest levels in the industry
  • Average combined impurities for Magnesium/Lithium and Sulphate/Lithium continue to be the among the lowest in the industry
    • Measured and Indicated Magnesium/Lithium and Sulfate/Lithium of 1.99 and 0.52, respectively
    • Inferred Magnesium/Lithium and Sulfate/Lithium of 2.07 and 0.54, respectively
  • Significant potential for resource expansion at depth
Category: General