LI3 ENERGY—LEADING THE CHARGE TOWARDS LITHIUM PROJECT DEVELOPMENT
Li3 Energy, Inc. is a growing, expertly managed lithium exploration company focused on the acquisition and development of highly prospective lithium brine properties in the Americas. The company is led by a proven management team and board of directors with extensive resource sector, corporate development and finance expertise. Li3 Energy’s technical team has direct experience successfully exploring and producing lithium resources.
Li3 Energy has signed a letter of intent to purchase options to acquire up to an aggregate 80% interest in eleven lithium brine properties covering 123,000 acres in Chile and options to acquire an 85% interest in four lithium brine properties covering 90,000 acres in Argentina. The prospects are located within the Puna Plateau, which hosts 70% of the world’s lithium reserves. The company has also acquired a 100% interest in 170,000 acres of a strategically located property prospective for lithium brine, located in Nevada's Big Smoky Valley. The property is adjacent to Silver Peak Mine, the United States’ first producing lithium brine operation.
Li3 Energy intends to launch a series of comprehensive exploration programs on the North and South American assets as soon as possible. The company believes successful execution of the first phase of its strategic acquisition program will establish Li3 Energy as one of the largest option holders of prime lithium salar acreage in Peru, Chile, Argentina and the United States amongst all junior lithium explorers.