RODINIA LITHIUM INC. DEFINES 4,959,000 TONNE LITHIUM CARBONATE EQUIVALENT RESOURCE AT SALAR DE DIABLILLOS
March 2, 2011
DIABLILLOS INFERRED MINERAL RESOURCE: 4,959,000 TONNES OF LITHIUM CARBONATE EQUIVALENT AND 19,837,000 TONNES OF POTASSIUM CHLORIDE EQUIVALENT
4,959,000 TONNES
LITHIUM CARBONATE EQUIVALENT IS BELIEVED TO BE THE SECOND LARGEST LITHIUM BRINE RESOURCE TO DATE PREPARED UNDER
NI 43-101 STANDARDS
PROJECT MAINTAINS ITS FAVOURABLE GEOCHEMISTRY WITH LOW MAGNESIUM AND SULPHATE LEVELS
DEPOSIT REMAINS OPEN AT DEPTH WITH CONSIDERABLE POTENTIAL FOR INCREASED RESOURCE GRADE AND SIZE WITH FURTHER DRILLING
Toronto, Ontario, March 2, 2011:
Rodinia Lithium Inc. (“Rodinia” or the “Company”) (
TSX-V: RM; OTCQX: RDNAF), is pleased to report receipt of an independent brine resource estimate for its Salar de Diablillos lithium-brine project (“Diablillos” or the “Salar”), located in
Salta, Argentina, conducted by AMEC Internacional Ingenieria y Construccion Limitada (“AMEC”). The resource estimate reports an inferred brine resource of 932,000 tonnes of lithium (“Li”) metal, 10,404,000 tonnes of potassium (“K”) and 1,083,000 tonnes of boron (“B”), which is equivalent to 4,959,000 tonnes of lithium carbonate equivalent (“LCE”), 19,837,000 tonnes of potassium chloride (“PE” or “potash”) and 6,194,000 tonnes of B203 (“Boric Acid”). The project has an average magnesium to lithium ratio (“Mg:Li”) of 3.68 and an average sulphate to lithium ratio (“SO4:Li”) of 14.48.
William Randall, President and CEO of
Rodinia, commented “this resource estimate positions Diablillos
amongst the premiere lithium and potash bearing salars in the world.