Rodinia Lithium Raises US$440,000 With Sale Of Certain Non-Core Assets

Toronto, Ontario, September 17, 2014: Rodinia Lithium Inc.  (“Rodinia” or the “Company”) (TSX-V: RM), has entered into a sale agreement with a private Argentine borate mining company to sell 600 hectares of mining rights comprising a portion of the Salar de Centenario (“Centenario”) property, held by the Company.  In exchange for the sale of a 100% interest in the mining rights comprising the 600 hectares of Centenario, Rodinia will receive US$440,000 payable in 22 monthly installments of US$20,000.   The sale agreement helps strengthen the Company’s balance sheet and does not impact Rodinia’s flagship Salar de Diablillos property. 

William Randall, President & CEO, commented, “The sale of the Añatuya & El Quevar claims that formed part of the Centenario group of claims helps strengthen the Company’s financial position, as we expect these monthly payments to cover the entirety of our fixed costs in Argentina, including on-site processing work and maintenance, overhead, and other associated local office costs associated with our flagship property.”

The first payment under the sale agreement has been received, and future payments are expected to be received by the Company on the first week of each month over the next 21 months.  The sale of the Añatuya and El Quevar claims reduces Rodinia’s Centenario property interest to approximately 500 hectares.  The Company has previously completed preliminary exploration on the Centenario claims and determined that in light of the quality and size of its Diablillos resource, continued advancement of Diablillos would create greater shareholder value than work at Centenario.  As a result, future work at Centenario was not anticipated in the foreseeable future and the Company determined that its sale would best support the Company’s current needs.

About Rodinia Lithium Inc.:

Rodinia Lithium Inc. is a Canadian mineral exploration and development company with a primary focus on Lithium exploration and development in Argentina.  The Company is also actively exploring the commercialization of a significant Potash co-product that is expected to be recoverable through the lithium harvesting process.

Please visit the Company’s web site at www.rodinialithium.com or write us at info@rodinialithium.com. 

For further information please contact
Aaron Wolfe
Vice-President, Corporate Development
Tel: +1 (416) 309-2696

Cautionary Notes
Except for statements of historical fact contained herein, the information in this press release may be deemed to constitute “forward-looking information” within the meaning of Canadian securities law. Such forward-looking information may include, without limitation, statements (express or implied) regarding the sale agreement with respect to the Centenario property, the sufficiency of the net proceeds to cover current expenditures at the Diablillos property, anticipated timing and results of the development of the Diablillos property and the ability of the Company to complete a strategic transaction. There can be no assurance that such statements (express or implied) will prove to be accurate, and actual results and future events could differ materially from such statements. Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Gigafactory or 200 Gigafactories – Lithium Demand is Reinforced

Rodinia Lithium Inc. (“Rodinia” or the “Company”) is encouraged by the discussions and events held at this year’s World Energy Innovation Form.  The overarching theme is continued support for the expansion of the lithium-ion battery industry, which supports continued and increased demand for lithium carbonate.
“There are going to need to be a lot of gigafactories, if not from Tesla, then from someone else.  There’s essentially a quasi-infinite demand for energy storage, if the energy density and the price are good enough,” said Elon Musk, Chief Executive of Tesla Mortors.
Rodinia’s Salar de Diablillos lithium-potash project is located in mining friendly Salta Province, Argentina boasts an inferred National Instrument 43-101 compliant resource of 2.8Mt lithium carbonate equivalent and 11.2Mt potash with significant further resource expansion possibilities.  Processing work to date has confirmed the ability to produce battery grade lithium carbonate with sample results indicating purities consistently in excess of 99.5%.
The Company has completed a Preliminary Economic Assessment for the Salar de Diablillos, which produced the following strong economic results:

Production Case:	15,000 tpa LC	25,000 tpa LC
Estimated Capital Investment:	US$144 million	US$220 million
Estimated Operating Expenses:      Per tonne LC      Per tonne LC with co-product credits      Per tonne KCl	US$1,519 (US$703) US$170	US$1,486 (US$762) US$160
Net Present Value (8% pre-tax):	US$561 million	US$964 million
IRR (pre-tax):	34%	36%
Annual Average Cash Flow:	US$89 million	US$150 million
Projected Payback (8% pre-tax):	1.6 years	1.5 years
Estimated Mine Life:	20+ years	20+ years

The work program required to take the deposit through Feasibility Study is 90% completed.
The Company controls 100% of the prospective producing area of the Salar de Diablillos, which eliminates resource sharing concerns and should enable a fast track through to production once the Feasibility Study is completed.
Continued support for the lithium-ion battery industry, and increased demand for lithium carbonate, should increase the opportunities for Rodinia to finance its construction CAPEX post Feasibility Study.
Readers are encouraged to review the Company’s website at www.rodinialithium.com and company filings posted on SEDAR at www.sedar.com for additional disclosures and information.

Rodinia Lithium Provides Processing Update On Progress At Diablillos

Toronto, Canada, June 11, 2013: Rodinia Lithium Inc. (“Rodinia” or the “Company”) (TSX-V: RM) is pleased to provide an update on its small scale pilot pond system at its wholly owned Salar de Diablillos lithium-potash project, located in Salta Province, Argentina.  The small scale pilot pond system, which has been working continuously since February 2012, has been providing on site experience and allowing for several advances in the metallurgical process.  Highlights from the pilot pond system include:

• Second batch of lithium carbonate produced, increasing purity to 99.79% Li2CO3
• Additional work completed to improve removal of interfering magnesium and sulphate ions
• Developed and demonstrated an alternate method to produce caustic soda during the process
• Use of caustic soda later  in the production process, potentially reducing reagent costs
• Work continues on site to improve yield, develop separation techniques and reduce raw material costs

William Randall, President & CEO of Rodinia, commented “While we experienced delays due to a variety of factors, including a third straight year of record rainfall during January and February, we are on track to deliver an updated economic study on the project.  Results of additional work conducted on the Salar lead us to believe the updated study will be in line with our previously completed Preliminary Economic Assessment, showing very robust figures with relatively low capital expenditure.  Management believes that the high returns and low capital output of the project are attractive components in the current financial climate.”

During the first quarter of 2013, a second process run on a larger scale was completed, resulting in the production of a second batch of lithium carbonate.  The process employed remains largely the same as the Company’s initial run, but the increased quantity of lithium carbonate produced allowed for a hot water wash to improve the quality of the lithium carbonate.  This additional step in the process resulted in increased lithium carbonate purity of 99.79%.

In addition to completing production of a second batch of lithium carbonate, the Company’s engineering team has been operating the small scale pilot pond system continuously in search of improvements in the process design.  The engineering department has been successful in lowering magnesium and sulphate concentration below levels achieved in previous runs.  Removal of magnesium and sulphate ions to achieve low concentration levels in accordance with the Company’s process design has been successful.

In addition, a significant development has been achieved in the production of caustic soda during the evaporation sequence.  An alternate method was tested on the Salar in an attempt to harvest caustic soda during the regular operation of the evaporation ponds.  The Company remains encouraged that the successful harvesting of caustic soda could result in lowered externally sourced reagent use, which in turn, has the potential to lead to meaningful operating cost savings.

The Company expects to provide further updates of work completed on the Salar de Diablillos over the coming months.

The project is supervised by Bob Cinq-Mars, P. Eng. Mr. Cinq-Mars is considered a Qualified Person, as defined by National Instrument 43‐101 and has reviewed and approved the scientific and technical information contained in this press release. Mr. Cinq-Mars is not independent of the Company.

About Rodinia Lithium Inc.:

Rodinia Lithium Inc. is a Canadian mineral exploration and development company with a primary focus on Lithium exploration and development in North and South America.  The Company is also actively exploring the commercialization of a significant Potash co-product that is expected to be recoverable through the lithium harvesting process.

Rodinia’s Salar de Diablillos lithium-brine project in Salta, Argentina, contains a recoverable resource of 2.82 million tonnes lithium carbonate equivalent and 11.27 million tonnes potassium chloride equivalent.  The project contains a recoverable inferred resource of 952,553,000 m3 grading 556 mg/L lithium and 6,206 mg/L potassium. Throughout 2013, Rodinia will focus on continuing to develop the Diablillos project by completing additional drilling and advancing through feasibility study.

The Company also holds 100% mineral rights to approximately 15,000 acres in Nevada’s lithium-rich Clayton Valley in Esmeralda County, and is currently in the process of assessing the size, quality and processing alternatives of this deposit.  The Clayton Valley project is located in the only known lithium-brine bearing salt lake in North America, and looks to represent the only new source for domestic lithium carbonate supply.

Please visit the Company’s web site at www.rodinialithium.com or write us at info@rodinialithium.com. 

For further information please contact

Aaron Wolfe
Vice-President, Corporate Development
Tel: +1 (416) 309-2696

Cautionary Notes
Except for statements of historical fact contained herein, the information in this press release constitutes “forward-looking information” within the meaning of Canadian securities law. Such forward-looking information may be identified by words such as “plans”, “proposes”, “estimates”, “intends”, “expects”, “believes”, “may”, “will” and include without limitation, statements regarding the anticipated effects of the results and the impact of such results with respect to the pilot pond system, the timing with respect to future results, timing with respect to the completion of an updated economic study; the potential of the Diablillos property; the potential results and timetable for further exploration with respect to the Diablillos property, the timetable with respect to future acquisitions and exploration developments at Clayton Valley and Diablillos, timetable for further exploration, analysis and development, title disputes or claims; and governmental approvals and regulation. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from such statements.  Factors that could cause actual results to differ materially include, among others, metal prices, competition, financing risks, acquisition risks, risks inherent in the mining industry, and regulatory risks. Most of these factors are outside the control of the Company. Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

For further information please contact	Aaron Wolfe
Investor Cubed Inc.	Vice-President, Corporate Development
Investor Relations	Tel: +1 (416) 309-2696
Tel: +1 (647) 258-3311

Potash will be a valuable by-product of Rodinia Lithium's operation at Diabillos.

Rodinia Lithium Successfully Harvests Sylvinite On Site At Diablillos

• SUCCESSFUL HARVESTING OF SYLVINITE DURING REGULAR OPERATION OF PILOT ENGINEERING PROGRAM
• PILOT PROCESSING CONFIRMS EFFECTIVE REMOVAL OF SYLVINITE IN AN ISOLATED POND USING CONVENTIONAL EVAPORATION BASED PROCESSING
• EVAPORATION CYCLE OF INITIAL PAN PILOT TEST SERIES COMPLETE CONFIRMING INITIAL PORTION OF THE METALLURGICAL PROCESS DESCRIBED IN PRELIMINARY ECONOMIC ASSESSMENT

Toronto, Canada, May 14, 2012: Rodinia Lithium Inc. (“Rodinia” or the “Company”) (TSX-V: RM; OTCQX: RDNAF) is pleased to report that sylvinite has been successfully produced and harvested at the Company’s 100% owned Diablillos lithium-potash brine project (“Project” or “Salar” or “Diablillos”) in Salta, Argentina.   Sylvinite, a potash and sodium chloride salt, has been harvested during operation of the pilot engineering program being conducted on site.  The results of the brine geochemical development during this pilot cycle was within the Company’s expectations and offers significant confirmation of the initial portion of the metallurgical process described in the Company’s Preliminary Economic Assessment conducted on Diablillos dated December 22, 2011 and filed on the SEDAR profile of the Company at www.sedar.com (the “PEA”).

William Randall, Rodinia’s President & CEO, commented, “Having harvested sylvinite during the regular operation of our pilot engineering program is a major milestone for the Company.  We remain confident that these results confirm our ability to produce potash from Diablillos using conventional methods employed by other major brine producers in South and North America.  This asset continues to meet our targeted milestones as we advance towards feasibility and production.”

This initial result from the pilot engineering program is from the first series of solar evaporation tests at ambient conditions of the Salar.  The evaporation was started May 2011 and concluded in April 2012.  The first series is one of five evaporation tests in progress.  Each test in pools and pans were started at different times of the year to see the effect of weather on the evaporation cycle chemistry.  The resultant brine from these evaporation tests will subsequently be processed for recovery of boron and lithium products.

The process engineering department continues to monitor the evolution of both the pools and pans installed on site at approximately 4050 metres above sea level.  As announced previously, a first stage of magnesium and sulphate removal has been completed, followed by successful removal of sylvinite in the ensuing step, confirming that potash is going to be a valuable by-product of an eventual lithium carbonate production facility.

About Rodinia Lithium Inc.:

Rodinia Lithium Inc. is a Canadian mineral exploration and development company with a primary focus on Lithium exploration and development in North and South America.  The Company is also actively exploring the commercialization of a significant Potash co-product that is expected to be recoverable through the lithium harvesting process.

Rodinia’s Salar de Diablillos lithium-brine project in Salta, Argentina, contains a recoverable resource of 2.82 million tonnes lithium carbonate equivalent and 11.27 million tonnes potassium chloride equivalent.  The project contains a recoverable inferred resource of 952,553,000 m3 grading 556 mg/L lithium and 6,206 mg/L potassium. Throughout 2011, Rodinia will focus on continuing to develop the Diablillos project by completing additional drilling and advancing through scoping study.

The Company also holds 100% mineral rights to approximately 70,000 acres in Nevada’s lithium-rich Clayton Valley in Esmeralda County, and is currently in the process of assessing the size, quality and processing alternatives of this deposit.  The Clayton Valley project is located in the only known lithium-brine bearing salt lake in North America, and looks to represent the only new source for domestic lithium carbonate supply.

The Projects are supervised by Ray Spanjers, Rodinia’s Manager of Exploration. Mr. Spanjers is considered a Qualified Person, as defined by National Instrument 43‐101 and has read and approved the scientific and technical information contained in this release.

Readers are cautioned that the PEA is preliminary in nature and is partly based on inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that the PEA based on these mineral resources will be realized. The results depend on inputs that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those presented here.

Please visit the Company’s web site at www.rodinialithium.com or write us at info@rodinialithium.com. 

For further information please contact
Investor Cubed Inc.                                                                                       
Investor Relations                                                                                         
Tel: +1 (647) 258-3311                                                                                   

Aaron Wolfe
Vice-President, Corporate Development
Tel: +1 (416) 309-2696

Cautionary Notes
Except for statements of historical fact contained herein, the information in this press release constitutes “forward-looking information” within the meaning of Canadian securities law. Such forward-looking information may be identified by words such as “plans”, “proposes”, “estimates”, “intends”, “expects”, “believes”, “may”, “will” and include without limitation, statements regarding the anticipated timing with respect to the development of the property; the results of the pilot engineering program;  the potential of the Diablillos property; the potential results and timetable for further exploration with respect to the Clayton Valley project and the Diablillos property, the timetable with respect to future acquisitions and exploration developments at Clayton Valley and Diablillos, timetable for further exploration, analysis and development, title disputes or claims; and governmental approvals and regulation. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from such statements.  Factors that could cause actual results to differ materially include, among others, metal prices, competition, financing risks, acquisition risks, risks inherent in the mining industry, and regulatory risks. Most of these factors are outside the control of the Company. Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Rodinia Lithium Receives Positive Preliminary Economic Assessment

Rodinia Lithium Receives Positive Preliminary Economic Assessment for the Diablillos Lithium Brine Deposit With NPV of Up to US$964 Million and IRR of 36% 

Today - by Marketwire 

Rodinia Lithium Inc. ("Rodinia" or the "Company") (TSX VENTURE: RM)(OTCQX: RDNAF)

is pleased to announce the results of the Preliminary Economic Assessment ("PEA") completed on its 100% owned Salar de Diablillos lithium brine project ("Diablillos" or "Salar") located in Salta Province, Argentina. The PEA outlines an operation producing 15,000 tonnes lithium carbonate ("LC") per year and approximately 51,000 tonnes of KCl ("potash") per year, projecting a 34% internal rate of return ("IRR") pre-tax and a US$561 million pre-tax net present value ("NPV") at an 8% discount rate. The PEA also outlines Rodinia's available option to increase production to 25,000 tonnes LC and 85,000 tonnes potash per year. This increased production scenario generates a much higher pre-tax NPV estimate of US$964 million, along with a pre-tax IRR of 36%. Rodinia continues to advance the technical and processing aspects of the Salar and will commence a feasibility study once the PEA report is finalized. 

The PEA was completed by SRK Consulting (U.S.) Inc ("SRK") located in Lakewood, Colorado and is effective as of November 1, 2011. The brine resource model and resource estimate were provided to SRK by Paula Larrondo, Principal Geologist, P.Geo., of AMEC Internacional Ingenieria y Construccion Limitada, Santiago, Chile, Qualified Person ("QP") for the Company's NI 43-101 compliant recoverable lithium brine resource estimate. The complete PEA report will be filed on SEDAR and Rodinia's website within 45 days of this news release. 

The table below outlines the key findings of the PEA: 

Preliminary Economic Assessment Highlights (All currency is US$, pre-tax)
----------------------------------------------------------------------------
                                          15,000 tpa LC       25,000 tpa LC
----------------------------------------------------------------------------
NPV at 8% discount rate (pre-tax)     $     561 million   $     964 million
----------------------------------------------------------------------------
IRR (pre-tax)                                        34%                 36%
----------------------------------------------------------------------------
Total Initial Capital Costs           $     144 million   $     220 million
----------------------------------------------------------------------------
Operating Costs per tonne LC(i)       $           1,519   $           1,486
----------------------------------------------------------------------------
Operating Costs per tonne LC with
 potash and boric acid credits        $            (703)  $            (762)
----------------------------------------------------------------------------
Operating Costs per tonne KCl(i)      $             170   $             160
----------------------------------------------------------------------------
Average annual free cash flow(i)      $      89 million   $     150 million
----------------------------------------------------------------------------
Mine life                                           20+                 20+
----------------------------------------------------------------------------
Annual production rate of potash(i)              51,000              85,000
----------------------------------------------------------------------------
Annual production rate of boric
 acid(i)                                         18,000              31,000
----------------------------------------------------------------------------
Projected commencement of production               2015                2015
----------------------------------------------------------------------------
Years to payback                              1.6 years           1.5 years
----------------------------------------------------------------------------
(i) Averaged using years of full production, discounting ramp up period.

The PEA is preliminary in nature, includes inferred brine resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the estimates of the PEA will be realized.
William Randall, President & CEO of Rodinia, commented "This PEA is the product of quality work completed on schedule by Rodinia's expert staff and consultants. The PEA demonstrates that Diablillos has the potential to be a low cost producer of high purity, battery-grade, lithium carbonate, potash and boric acid using conventional, environmentally friendly methods to harvest the salts. Due to the favourable geochemistry of the brines, our potash and boric acid production is such that revenue from the sale of these products will result in credits in excess of US$3,500/tonne of LC, more than covering our total anticipated production costs. As long as prices for potash and boric acid remain at today's levels or higher, Diablillos has the potential to remain price competitive down to historic lows for lithium carbonate pricing."

Financial Sensitivity at Various Discount Rates (US$ millions over 20
years)(i)
----------------------------------------------------------------------------
                              10,000 tpa  15,000 tpa  20,000 tpa  25,000 tpa
Discount rate\Output                  LC          LC          LC          LC
----------------------------------------------------------------------------
6%                                   462         716         971       1,225
----------------------------------------------------------------------------
8%                                   361         561         764         964
----------------------------------------------------------------------------
10%                                  283         442         604         765
----------------------------------------------------------------------------
12%                                  223         350         481         610
----------------------------------------------------------------------------
(i) At an average LC price of US$5,500 per tonne. All figures are pre-tax.
Financial Sensitivity at Various LC Prices (US$ millions over 20 years)(i)
----------------------------------------------------------------------------
Price\Output      10,000 tpa LC  15,000 tpa LC  20,000 tpa LC  25,000 tpa LC
----------------------------------------------------------------------------
US$5,000                    322            503            686            868
----------------------------------------------------------------------------
US$5,500                    361            561            764            964
----------------------------------------------------------------------------
US$6,000                    399            619            841          1,060
----------------------------------------------------------------------------
US$6,500                    438            677            918          1,157
----------------------------------------------------------------------------
(i) At an 8% discount. All figures are pre-tax.

The Salar has favourable economic potential across a range of discount rates, annual production rates, and long-term LC prices. In all cases the Salar shows robust economics consisting of large NPV values and significant positive cash flows, which position it favourably relative to other PEA reports issued for salars at a similar stage of development in the Puna region of South America.
Will Randall elaborated on the preliminary economics of the Salar, "We are pleased with the results and initial conclusions of this PEA. While the assessment estimates robust economics with first quartile capital and operating costs, we gained considerable insight to further improve on these already favourable numbers. We will look to validate these opportunities during the Feasibility Study phase, which will commence once the PEA report is finalized." 

Economic Parameters and Assumptions
The PEA presents a base case operation producing 15,000 tonnes of battery grade lithium carbonate per annum and 25,000 tonnes of battery grade lithium carbonate in the optional production scenario. First production levels of 9,000 tpa LC (15,000 tpa LC for optional production) are expected to be reached after three years of mine construction and pre-production, with full production levels reached two years later. Allowing a further year for the completion of a Feasibility Study, the PEA contemplates initial production by 2015. Management will begin to evaluate methods in which feasibility level engineering and mine construction can be combined to expedite this production timeline. In particular, management will focus on construction of pilot ponds that will subsequently be employed in the commercial production circuit.
Details and Assumptions 

Total initial capital expenditures (including contingency) are estimated at US$144 million to produce 15,000 tpa LC and US$220 million to produce 25,000 tpa LC. The initial capital cost estimate excludes closure costs and sustaining capital. Sustaining capital requirements for years 1 to 20 of operation (15,000 tpa LC) were estimated to be approximately US$80 million including wellfield maintenance and replacement.

-----------------------------------------------------------------------
-----
                                              15,000 tpa LC    25,000 tpa LC
Summary of Estimated Initial Capital Costs   (US$ millions)   (US$ millions)
----------------------------------------------------------------------------
Wells & Ponds
----------------------------------------------------------------------------
  Wellfield                                               8               11
----------------------------------------------------------------------------
  Ponds                                                  57               94
----------------------------------------------------------------------------
  Other (wellfield & pond)                               11               16
----------------------------------------------------------------------------
  Contingency (20%)                                      15               24
----------------------------------------------------------------------------
LC Crude Plant & Refinery
----------------------------------------------------------------------------
  Plants                                                 17               25
----------------------------------------------------------------------------
  Other (carbonate plant)                                 9               12
----------------------------------------------------------------------------
  Contingency (20%)                                       5                7
----------------------------------------------------------------------------
Potash Floatation Plant
----------------------------------------------------------------------------
  Plant                                                  19               26
----------------------------------------------------------------------------
  Contingency (20%)                                       4                5
----------------------------------------------------------------------------
TOTAL                                                   144              220
----------------------------------------------------------------------------

Mine construction for a 15,000 tpa LC production facility requires the installation of 23 production wells, approximately 7 square kilometers of evaporation ponds for the production of lithium carbonate, potash and boric acid. At 25,000 tpa LC, the requirements increase to 53 production wells and 11.5 square kilometers. While the wells, evaporation ponds and potash plant are designed to be constructed on the Diablillos property, the current design contemplates constructing the boric acid and lithium carbonate plants off-site at an industrial park in Pocitos. Cost analysis performed on the various options, taking into account capital costs requirements and operating costs, indicated constructing the lithium carbonate and boric acid facilities where access, natural gas, and power are readily available presented considerable cost savings across the board.
A conservative pumping rate of 11 litres per second was employed for this study based on field test work. It is important to note that numerical groundwater flow and solute transport modeling, constraining well drawdown and accounting for dilution impacts on brine chemistry, has demonstrated that higher extraction rates can be achieved from the sand and gravel aquifers predominant at Diablillos. Once further tests are completed on production size wells management expects the estimated capital expenditures required for well construction to be significantly reduced. Pond construction considers an initial unlined pond, where brine is brought to saturation, followed by a series of subsequent lined ponds. There is natural clay occurring on or near Diablillos that will allow for construction of the initial ponds, offering cost savings over lined ponds. Any brine losses experienced in this unlined pond go straight back into the underlying Salar sediments and can be potentially recovered at a later date. 

The total average operating costs over 20 years are estimated to be negative at (US$703) per tonne LC once the potash and boric acid credits are applied, based on the following:

-----------------------------------------------------------------------
-----
Summary of Estimated Operating                                        (US$/t
 Costs                                (US$/t LC)    (US$/t KCl)  Boric Acid)
----------------------------------------------------------------------------
Wells & Ponds (total)                        408             46           85
----------------------------------------------------------------------------
  Brine transportation                       104             12           22
----------------------------------------------------------------------------
  Reagents                                   242             27           51
----------------------------------------------------------------------------
  Energy                                      49              6           10
----------------------------------------------------------------------------
  Labour                                      10              1            2
----------------------------------------------------------------------------
  Other                                        4              0            1
----------------------------------------------------------------------------
LC Crude Plant & Refinery (total)            972              -          203
----------------------------------------------------------------------------
  Reagents                                   791              -          165
----------------------------------------------------------------------------
  Energy                                     136              -           28
----------------------------------------------------------------------------
  Labour                                      37              -            8
----------------------------------------------------------------------------
  Other                                        9              -            2
----------------------------------------------------------------------------
Potash Flotation Plant (total)                 -             73            -
----------------------------------------------------------------------------
  Reagent                                      -              1            -
----------------------------------------------------------------------------
  Energy                                       -             64            -
----------------------------------------------------------------------------
  Labour                                       -              7            -
----------------------------------------------------------------------------
  Other                                        -              1            -
----------------------------------------------------------------------------
G&A                                           82              9           17
----------------------------------------------------------------------------
Transport                                     56             42           42
----------------------------------------------------------------------------
TOTAL                                      1,519            170          348
----------------------------------------------------------------------------
TOTAL LC w/ credits & royalty
 deductions                                 (703)
----------------------------------------------------------------------------

Well and pond costs as well as G&A costs were assigned to all three products according to the percentage of revenue generated by each commodity. Potash plant costs were assigned exclusively to potash and LC plant costs were distributed between lithium carbonate and boric acid, as both of these are produced in the same plant complex. By far the largest expense is the cost of reagents, and in particular soda ash and lime, followed by transportation costs. 

Consistent with practice in the industry, this PEA has been prepared with an engineering accuracy of +/- 30%. As the project progresses through the feasibility stage, advancement in the detail of engineering will improve the accuracy to approximately +/-15%. The PEA used commodity pricing provided by Rodinia that was assembled from various studies and sources, including industry leading reports and forecasts provided to the Company through its relationship with Forbes & Manhattan Inc., access to industry specialists (boric acid), and generally accepted industry standard pricing based on recently completed studies similar in nature to this PEA. The PEA assumed long-term commodity prices of US$5,500 per tonne LC, US$620 per tonne potash, and US$1,150 per tonne boric acid. 

PEA Report
The PEA was prepared in accordance with the guidelines of National Instrument 43-101 by the independent engineering firm SRK Consulting Limited with contributions from AMEC Internacional y Construccion Limitada ("AMEC") of Santiago, Chile, and Mr. Robert Cinq-Mars of North Carolina, USA (whose work experience includes 20 years with FMC Lithium Division as Manager, New Resources and Process Development). SRK is a leading full-service engineering and consulting firm. The final PEA technical report will be filed on SEDAR within 45 days. 

Description of Proposed Operation
The proposed operation for Diablillos will largely make use of conventional evaporation based processing, similar to those employed at Silver Peak (Nevada, USA) and Atacama (Chile). The brine is to be pumped from subterranean aquifers by a series of production wells to an initial unlined evaporation pond. The proposed lithium recovery process is a combination of solar evaporation steps, in-field brine treatment, by product potash ("KCl") and boric acid recovery and chemical processing to produce lithium carbonate. The process results in a high lithium recovery of approximately 65%. The process contemplates a series of six ponds from largest to smallest, where the largest is used to bring brine to saturation and is designed to be unlined reducing the capital cost of pond construction. Sylvinite is to be harvested from the third pond, which is proposed to be subsequently upgraded through a conventional floatation process to muriate of potash. Brine extracted from the final pond will have a concentration of approximately 12% lithium chloride and will be transported to the treatment facility in Pocitos, where boric acid and lithium carbonate are produced. For further details please refer to the press release dated October 11, 2011. 

Groundwater and Solute Transport Modeling
SRK evaluated potential brine extraction for Diablillos to produce lithium carbonate, potash and boric acid. This modeling was based on the resource estimate conducted previously by AMEC (please refer to the press release dated April 11, 2011), and on work completed more recently by Rodinia and SRK; in particular the completion of pumping tests and additional drilling. The work was completed based on the development of 3-D numerical groundwater and solute transport models and included the assessment of:

--  The number of extraction wells needed to meet production targets, their
    locations, total pumping rates and the subsequent drawdown in
    surrounding areas

--  Expected changes in lithium, potassium and boron concentrations within
    the extracted brine over time given possible surface water dilution and
    dilution from surrounding areas containing lower concentrations of these
    components

SRK completed the numerical modeling using MODFLOW-2005 (groundwater flow) and MT3DMS (solute transport) finite-difference codes that are supported by Visual MODFLOW software (SWS, 2010).
Analyst and Shareholder Conference Call
Rodinia will host a conference call at 8:30 AM Eastern Standard Time on Tuesday, November 8, 2011 to discuss the PEA results. To participate in the call please dial the following:

International:                +1 (416) 340-2217
Toll Free North America:      1-866-696-5910
Participant Code:             4326413

To register and listen to the webcast of the call, please go to Rodinia's website at www.rodinialithium.com. 

Qualified Person
The PEA was prepared under the supervision of Mr. Terry H. Braun, with SRK. Mr. Braun relied on the independent QP contributions of Ms. Paula Larrondo (brine resource), Mr. Bob Cinq-Mars (process design) and Dr. Vladimir Ugorets (brine extraction modeling). Mr. Braun is an independent Qualified Person as defined by NI 43-101 and Mr. Braun is independent of Rodinia. Mr. Braun has reviewed and is responsible for the technical information contained in this news release. 

About Rodinia Lithium Inc.:
Rodinia Lithium Inc. is a Canadian mineral exploration and development company with a primary focus on Lithium exploration and development in North and South America. The Company is also actively exploring the commercialization of a significant Potash co-product that is expected to be recoverable through the lithium harvesting process. 

Rodinia's Salar de Diablillos lithium-brine project in Salta, Argentina, contains a recoverable resource of 2.82 million tonnes lithium carbonate equivalent and 11.27 million tonnes potassium chloride equivalent. The project contains a recoverable inferred resource of 952,553,000 m3 grading 556 mg/L lithium and 6,206 mg/L potassium. Throughout 2011, Rodinia will focus on continuing to develop the Diablillos project by completing additional drilling and advancing through scoping study. 

The Company also holds 100% mineral rights to approximately 70,000 acres in Nevada's lithium-rich Clayton Valley in Esmeralda County, and is currently in the process of assessing the size, quality and processing alternatives of this deposit. The Clayton Valley project is located in the only known lithium-brine bearing salt lake in North America, and looks to represent the only new source for domestic lithium carbonate supply.
The Projects are supervised by Ray Spanjers, Rodinia's Manager of Exploration. Mr. Spanjers is considered a Qualified Person, as defined by National Instrument 43-101.
Please visit the Company's web site at www.rodinialithium.com or write us at info@rodinialithium.com. 

Cautionary Notes
Except for statements of historical fact contained herein, the information in this press release constitutes "forward-looking information" within the meaning of Canadian securities law. Such forward-looking information may be identified by words such as "plans", "proposes", "estimates", "intends", "expects", "believes", "may", "will" and include without limitation, statements regarding the impact of the drill program at the Diablillos property and results of such drill program; the potential of the Diablillos property; anticipated timing with respect to the completion of a preliminary economic assessment, the potential results and timetable for further exploration with respect to the Clayton Valley project and the Diablillos property, the timetable with respect to future acquisitions and exploration developments at Clayton Valley and Diablillos, timetable for further exploration, analysis and development, title disputes or claims; and governmental approvals and regulation. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from such statements. Factors that could cause actual results to differ materially include, among others, metal prices, competition, financing risks, acquisition risks, risks inherent in the mining industry, and regulatory risks. Most of these factors are outside the control of the Company. Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Contacts:
Investor Cubed Inc.
Investor Relations
+1 (647) 258-3311

Rodinia Lithium Inc.
Aaron Wolfe
Vice-President, Corporate Development
+1 (416) 309-2696
info@rodinialithium.com
www.rodinialithium.com

SOURCE: Rodinia Lithium Inc.

mailto:info@rodinialithium.com
http://www.rodinialithium.com

Related articles

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Rodinia Lithium Confirms Brine Grade and Quality at Diabillos lithium property

Rodinia Lithium Inc.

TSX VENTURE : RM
OTCQX : RDNAF

September 20, 2011 07:30 ET

 Diamond Drill Results

- Granulometry Determines Greater Than 90% Sand and Gravel in Diablillos Aquifers
- Bailer Tests Confirm Reverse Circulation Brine Sample Results, Increasing Confidence in Grade and Quality of Resource
- Basement Depths Reached, Fractured Basement Increasing Possible Resource Area
- First Pump Test Completed

TORONTO, ONTARIO--(Marketwire - Sept. 20, 2011) - Rodinia Lithium Inc. ("Rodinia" or the "Company") (TSX VENTURE:RM)(OTCQX:RDNAF) is pleased to provide an update on progress at its Salar de Diablillos Project ("Diablillos" or "Salar") located in Salta Province, Argentina. Diamond drilling on the Salar is ongoing, having completed six drill holes for a total of 1,008 vertical metres. Drilling consistently encountered sand and gravel dominant lithologies, with recoveries varying between 10% and 100%. Sections with high recovery were sent for granulometric analysis with results varying between 85% and 95% fine sand or greater diameter grain size.

During diamond drilling, brine was sampled using bailer tests, where one and one-half times the volume was removed before collecting the sample. D-DD-01 intersected 150 metres grading 521 mg/l lithium ("Li"), 5,254 mg/l potassium ("K"), 660 mg/l boron ("B"). This hole was drilled in the northeastern portion of the Salar where intersections consistent with the one observed in D-DD-01 are expected. Fractured basement was encountered from 189 metres to the end of hole. The fractured basement was saturated with lithium brine averaging 557 mg/l lithium.

William Randall, President & CEO of Rodinia, commented "Confirming the positive properties of the acquifers, from brine quality and grade to favourable lithologies, is an important step in increasing certainty and de-risking the project. We have now drilled and sampled the deposit with various different methodologies and have found consistent and positive results throughout. In addition, we have now completed our first pump test with final results expected shortly."

D-DD-02 encountered heavy artesian conditions limiting brine sampling to irregular intervals. However, all values collected between 42 metres and 156 metres depth averaged 510 mg/l Li. This hole was drilled in close proximity to D-RC-16, which also encountered heavy artesian conditions with brine values averaging 575 mg/l between 42 metres and 102 metres (for additional information please refer to press release dated January 13, 2011).

This is also the location of the first pump test which was successfully completed last week. Final reports on the pump test results are expected shortly and will be released accordingly.

The Project is supervised by Ray Spanjers, Rodinia's Manager of Exploration. Mr. Spanjers is considered a qualified person, as defined by National Instrument 43-101, and has reviewed and approved the scientific and technical information in this release. According to the Company's sampling protocol, sample size is to exceed 500 millilitres and be stored in clean, secure containers for transportation. The prepared samples are then forwarded to the ALS Laboratory Group, Environmental Division, in Fort Collins, Co (USA) for analysis. A rigorous QA/QC program is implemented consisting of regular insertion of standards and blanks to ensure laboratory integrity.

About Rodinia Lithium Inc.:
Rodinia Lithium Inc. is a Canadian mineral exploration and development company with a primary focus on Lithium exploration and development in North and South America. The Company is also actively exploring the commercialization of a significant Potash co-product that is expected to be recoverable through the lithium harvesting process.

Rodinia's Salar de Diablillos lithium-brine project in Salta, Argentina, contains a recoverable resource of 2.82 million tonnes lithium carbonate equivalent and 11.27 million tonnes potassium chloride equivalent.

The project contains a recoverable inferred resource of 952,553,000 m³ grading 556 mg/L lithium and 6,206 mg/L potassium. Throughout 2011, Rodinia will focus on continuing to develop the Diablillos project by completing additional drilling and advancing through scoping study.

The Company also holds 100% mineral rights to approximately 70,000 acres in Nevada's lithium-rich Clayton Valley in Esmeralda County, and is currently in the process of assessing the size, quality and processing alternatives of this deposit. The Clayton Valley project is located in the only known lithium-brine bearing salt lake in North America, and looks to represent the only new source for domestic lithium carbonate supply.
The Projects are supervised by Ray Spanjers, Rodinia's Manager of Exploration. Mr. Spanjers is considered a Qualified Person, as defined by National Instrument 43‐101.

Please visit the Company's web site at www.rodinialithium.com or write us at info@rodinialithium.com.
Cautionary Notes
Except for statements of historical fact contained herein, the information in this press release constitutes "forward-looking information" within the meaning of Canadian securities law. Such forward-looking information may be identified by words such as "plans", "proposes", "estimates", "intends", "expects", "believes", "may", "will" and include without limitation, statements regarding the impact of the drill program at the Diablillos property and results of such drill program; the potential of the Diablillos property and Clayton Valley project; anticipated timing with respect to the completion of a preliminary economic assessment, the potential results and timetable for further exploration with respect to the Clayton Valley project and the Diablillos property, the timetable with respect to future acquisitions and exploration developments at Clayton Valley and Diablillos, timetable for further exploration, analysis and development, title disputes or claims; and governmental approvals and regulation. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from such statements. Factors that could cause actual results to differ materially include, among others, metal prices, competition, financing risks, acquisition risks, risks inherent in the mining industry, and regulatory risks. Most of these factors are outside the control of the Company. Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Contact Information

Investor Cubed Inc.
Investor Relations
+1 (647) 258-3311

Rodinia Lithium Inc.
Aaron Wolfe
Vice-President, Corporate Development
+1 (416) 309-2696
www.rodinialithium.com

Related articles

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Lithium-Ion battery manufacturer places executive on board of directors of Rodinia Lithium Corp.

Rodinia Lithium Inc. Announces Changes To Board Of Directors 

Toronto, Ontario, April 25, 2011: Rodinia Lithium Inc. (“Rodinia” or the “Company”) (TSX-V: RM; OTCQX: RDNAF), is pleased to announce the appointments of Mr. Xizhong Shi and Mr. Will Randall, P.Geo., to the Board of Directors of the Company effective as of today's date. Mr. Shi is currently the Chief Executive Officer of Hong Kong Shanshan Resources Co., Ltd., a wholly-owned subsidiary of Ningbo Shanshan Co., Ltd. (SHA:600884; “Shanshan”), a strategic investor in the Company.

Mr. Shi received a Master of Science degree from Beijing University and an MBA from SUNY at the University of Buffalo. Mr. Shi has 20 years of experience in the high technology industry, which includes lithium ion battery technologies. Previously, Mr. Shi was CEO of Founder Technology Computer Co., Ltd. (now Founder Technology Group Inc.), and president of EC-Founder Co., Ltd. Mr. Shi has considerable experience in management, finance, and executing and managing transactions.

Cormack Securities iniates coverage of Talison Lithium, with a buy recommendation.

Talison Lithium Limited (TLH - TSX)
Fortifying Its Position As A Top Producer - Thursday, March 10, 2011
 
Over the last 12 months, Talison Lithium has made significant strides in growing its investor base and solidifying its position as the largest producer of lithium concentrate in the world. The company recently completed the first phase of expansionary work at its wholly owned Greenbushes mine near Perth, Australia and has set out to double its production capacity to an estimated 110,000tpy LCE per by F2013. Concurrent with its recent listing on the TSX, the company also purchased the Salares 7 lithium brine project in Chile. As such, Talison offers investors exposure to its current and growing spodumene production at Greenbushes, exploration upside from the brine projects at Salares 7 as well as leverage to accelerating lithium demand. Our outlook for the lithium sector remains positive. Demand for lithium, driven primarily by the growth of electric vehicles, is set to grow exponentially over the longer term. On the supply side, while there is no shortage of lithium deposits, customers are becoming highly discriminating, valuing security and quality of long-term supply. This is a customer base that Talison is ideally suited to satisfy.

Rodinia Lithium to exhibit at CPAC in Toronto March 6-9 2011

Rodinia Lithium Inc.

TSX VENTURE: RM
OTCQX: RDNAF

Mar 04, 2011 09:42 ET

Rodinia Lithium Inc. to Exhibit at PDAC 2011

- RODINIA TO ATTEND PDAC IN TORONTO AT BOOTH #2527
- AN UPDATED CORPORATE PRESENTATION HAS BEEN POSTED TO THE RODINIA WEBSITE

- PRESENTATION CONTAINS VALUABLE INFORMATION RELATED TO THE RECENT RESOURCE ESTIMATE FOR THE SALAR DE DIABLILLOS

Rodinia Lithium obtains financing for Diabillos property development.

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION TO THE UNITED STATES

RODINIA LITHIUM INC. ANNOUNCES CDN$10,000,000 BOUGHT DEAL FINANCING

January 18, 2011

Rodinia Lithium Inc. Intersects 204 Metres Grading 536 mg/L Lithium at Salar de Diablillos

4 hours ago by Marketwire

Rodinia Lithium Inc. ("Rodinia" or the "Company") (TSX VENTURE: RM)(OTCQX: RDNAF), is pleased to report that it continues to intersect high-grade lithium and potash in its reverse circulation drilling exploration program on its Salar de Diablillos lithium-brine project in Salta, Argentina ("Diablillos" or the "Salar"). The Company has commissioned a second drill which is already operational on the property as a result of the successful exploration program and to ensure timely delivery of an initial resource estimate.

William Randall, President and CEO of Rodinia, commented "we continue to intersect high quality lithium brines in the southern portion of the Salar. Hole D-RC-11 is remarkable in that we have intersected 204 metres of high grade mineralized brines in a single aquifer composed almost exclusively of sand and gravel. These conditions are extremely favourable, especially in an area we did not have high expectations for. The drills have now moved to the northern portion of the Salar where the higher grade brines are expected, based on the auger drill results."

Results from the latest four drill holes are summarized in Table 1. All the holes reported in this press release were drilled in the southern lower grade portion of the Salar as determined by the surface auger drilling. The reverse circulation drill holes were drilled vertically to ensure proper representation of the stratigraphic column. As in the previous drill holes, the distribution of lithium concentrations over the hole are remarkably even, suggesting that the entire stratigraphic column below the near surface clays represents a single aquifer, composed primarily of sands and gravels. The clay content in all holes drilled to date has been low to negligible. Holes D-RC-10 and D-RC-11 both may have encountered basement rocks towards the bottom of the hole where schistose material was detected in the cuttings. The depths at which the basement is thought to have been encountered are substantially greater than those predicted by the gravity survey, increasing the potential value of the basin.

-----------------------------------------------------------------------
-----
                   From          Interval     Li      K      B
Drill Hole          (m) To (m)        (m) (mg/l) (mg/l) (mg/l)  Mg:Li SO4:Li
----------------------------------------------------------------------------
D-RC-08         Artesian brine
                        @ 70.5               260   2200    550   3.50  14.23
----------------------------------------------------------------------------
zone open at depth
----------------------------------------------------------------------------
D-RC-09              24     60         36    521   6063    556   3.64  14.96
----------------------------------------------------------------------------
zone open at depth
----------------------------------------------------------------------------
D-RC-10            brine @ 36m               560   7100    480   4.29   8.39
----------------------------------------------------------------------------
D-RC-11              60    264        204    536   5638    741   3.48  12.09
----------------------------------------------------------------------------

Asampling procedure was enforced by management to ensure sample integrity during the drill program. Where possible, brine and sediments samples were air lifted, and water restricted to the upper part of the hole before the water table was intercepted. Once brine bearing horizons were intercepted, drilling was halted and the drilling pipe lifted 2 feet or more to allow the total flushing of the internal pipe by means of air pressure for approximately ten minutes or until the brine appeared reasonably clean of sediment. After sufficient air lifting of the brine, a sample was collected in 500 ml sample bottles that had been washed three times with the brine. Liquid was also collected in five gallon buckets and the time of filling of the bucket recorded, in order to aid in quantifying the formational flow.

The Project is supervised by Ray Spanjers, Rodinia's Manager of Exploration. Mr. Spanjers is considered a qualified person, as defined by National Instrument 43-101, and has reviewed and approved the scientific and technical information in this release. According to the Company's sampling protocol, sample size is to exceed 500 millilitres and be stored in clean, secure containers for transportation. The prepared samples are then forwarded to the ALS Laboratory Group, Environmental Division, in Fort Collins, Co (USA) for analysis. A rigorous QA/QC program is implemented consisting of regular insertion of standards and blanks to ensure laboratory integrity.
--------------------------------------------------------------------------------------------------------
About Rodinia Lithium Inc.:
Rodinia Lithium Inc. is a Canadian mineral exploration company with a primary focus on lithium exploration and development in North and South America. The Company is positioned to capitalize on the expected increase in demand for lithium carbonate that is projected to result from the anticipated paradigm shift to mass adoption and use of key lithium applications like lithium-ion batteries as well as glass ceramics, greases, pharmaceuticals etc.
Rodinia is currently exploring its Clayton Valley project in Nevada, USA, which surrounds the only lithium-brine producer in North America, and its Salar de Diablillos project in Salta, Argentina.
Please visit the Company's web site at www.rodinialithium.com or write us at info@rodinialithium.com. Follow us on Twitter: http://twitter.com/RodiniaLithium.

Cautionary Notes
Except for statements of historical fact contained herein, the information in this press release constitutes "forward-looking information" within the meaning of Canadian securities law. Such forward-looking information may be identified by words such as "plans", "proposes", "estimates", "intends", "expects", "believes", "may", "will" and include without limitation, statements regarding the impact of the drill program at the Diablillos property and results of such drill program; the potential of the Diablillos property; the anticipated timetable with respect to the an initial resource estimate; the potential results and timetable for further exploration with respect to the Clayton Valley project and the Diablillos property, the timetable with respect to future acquisitions and exploration developments at Clayton Valley and Diablillos, timetable for further exploration, analysis and development, title disputes or claims; and governmental approvals and regulation. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from such statements. Factors that could cause actual results to differ materially include, among others, metal prices, competition, financing risks, acquisition risks, risks inherent in the mining industry, and regulatory risks. Most of these factors are outside the control of the Company. Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Contacts:
Investor Cubed Inc.
Neil Simon
+1 (647) 258-3311

Rodinia Lithium Inc.
Aaron Wolfe
Vice-President, Corporate Development
+1 (416) 309-2696
www.rodinialithium.com

SOURCE: Rodinia Lithium Inc.

http://www.rodinialithium.com

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Rodinia Lithium Inc. Contracts AMEC to Provide Independent Resource Estimate for Diablillos Project

6 hours ago by Marketwire
 

Rodinia Lithium Inc. ("Rodinia" or the "Company") (TSX V: RM) (OTCQX: RDNAF),

is pleased to announce that it has engaged AMEC Internacional Ingenieria y Construccion Limitada ("AMEC") to prepare an initial mineral resource estimate and National Instrument 43-101 compliant independent technical report with respect to the Salar de Diablillos lithium-brine project located in Salta, Argentina ("Diablillos" or the "Project").

AMEC is an international engineering consulting firm with world wide experience that includes estimating mineral resources at certain Chilean salars and experience in several lithium projects, including previous work on Diablillos itself. AMEC's staff of highly qualified engineers and geologists are available to begin working on the project immediately.

Will Randall, President and CEO of Rodinia, commented "we are very pleased to have a firm with AMEC's reputation and depth of qualified professionals preparing the resource estimate for Diablillos. This will be the Company's first lithium resource estimate and one of the few NI 43-101 compliant lithium resource estimates completed to date. Having the opportunity to work with a group of AMEC's stature is a vote of confidence for the work we have completed to date. The entire Rodinia team is eager to deliver this significant milestone in the Company's development."

AMEC's team of consultants will be lead by Mr. Douglas Chapman (Principal Mining Engineer), Dr. Armando Simon (Principal Geologist), Dr. Rustin Cabrera (Principal Geologist), and Marc Etienne (Senior Hydrogeologist). Collectively this team of experts has over 120 years of experience that includes mining and processing in the Salar de Atacama, lithium exploration campaigns in Chile, and management of lithium projects in Bolivia, Argentina, Peru and Chile, among others.

About Rodinia Lithium Inc.:
Rodinia Lithium Inc. is a Canadian mineral exploration company with a primary focus on lithium exploration and development in North and South America. The Company is positioned to capitalize on the expected increase in demand for lithium carbonate that is projected to result from the anticipated paradigm shift to mass adoption and use of key lithium applications like lithium-ion batteries as well as glass ceramics, greases, pharmaceuticals etc.

Rodinia is currently exploring its Clayton Valley project in Nevada, USA, which surrounds the only lithium-brine producer in North America, and its Salar de Diablillos project in Salta, Argentina.
Please visit the Company's web site at www.rodinialithium.com or write us at info@rodinialithium.com. Follow us on Twitter: http://twitter.com/RodiniaLithium.

Cautionary Notes
Except for statements of historical fact contained herein, the information in this press release constitutes "forward-looking information" within the meaning of Canadian securities law. Such forward-looking information may be identified by words such as "plans", "proposes", "estimates", "intends", "expects", "believes", "may", "will" and include without limitation, statements regarding the proposed technical report, anticipated results and timing with respect to a resource estimate, , the drill program at Diablillos, the potential of the Diablillos property; the potential results and timetable for further exploration with respect to the Clayton Valley project and the Diablillos property, the timetable with respect to future acquisitions and exploration developments at Clayton Valley and Diablillos, timetable for further exploration, analysis and development, title disputes or claims; and governmental approvals and regulation. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from such statements. Factors that could cause actual results to differ materially include, among others, metal prices, competition, financing risks, acquisition risks, risks inherent in the mining industry, and regulatory risks. Most of these factors are outside the control of the Company. Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Contacts:
Investor Cubed Inc.
Neil Simon
+1 (647) 258-3311

Aaron Wolfe
Vice-President, Corporate Development
+1 (416) 309-2696

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