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Rodinia Lithium Buy



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.




rodinia lithium buy



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.


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


Rodinia Lithium Inc.(TSXV:RM) announced the latest progress updates from its Salar de Diablillos lithium-potash brine project. The company expect an updated mineral resource estimate by the end of Q2 or start of Q3, 2012.


Canada's Rodinia Lithium (CVE:RM) reported on Thursday that initial pump and tracer tests to assess deep and shallow aquifers at its Salar de Diablillos lithium-brine project in Argentina confirmed high transmissivity and effective porosity values, tranlating into high recovery rates per well.


The Salar de Diablillos property, which rests about 145 kilometres southwest of the city of Salta, has a recoverable inferred brine resource of 2.8 million tonnes lithium carbonate equivalent from an in-situ inferred brine resource of 4.9 million tonnes lithium carbonate equivalent.


Further, initial interpretation of a tracer test conducted in the deep aquifer shows an average effective porosity in sediments of about 15%, which indicates a higher likelihood for recovery of the in-situ lithium brine resource. The company said effective porosity values are in line with those in the previously released recoverable resource estimate.


Typically, when lithium is recovered from brine (considered the more economical and environmentally friendly process as opposed to hard rock), brine is pumped from subsurface aquifers, through a circuit of evaporation ponds to increase concentration.


Rodinia Lithium is a junior mineral explorer with a primary focus on lithium in North and South America. It is also actively exploring the commercialization of a significant potash co-product that is expected to be recoverable through the lithium harvesting process.


In addition to its Argentina project, the company 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 the deposit.


All indications are that by 2020 auto companies will be manufacturing more EVs and hybrid electric vehicles than gas powered cars. Certainly that is the case for China, India and Europe. America will trail this world-changing development, but will eventually be brought into the lithium economy kicking and screaming.


Rather than placing bets on which of the hundreds of labs around the world will develop the best battery, best technology or the most stable catalyst in its uses, I have been placing my money on the producers of lithium - specifically the small- and mid-tier group that for the past two years have staked the best lithium properties around the world.


Larger producers such as SQM of Chile produce lithium only as a by-product of its massive potash operations, and refuse to sign agreements with auto companies, preferring instead to have buyers purchase supply from the spot market (there is no futures market in lithium). This is a no-no for auto companies due to assembly-line production needs for an uninterrupted supply. SQM, along with FMC and Chematall, three of the big-four, are already priced fairly, because of their exposure to large investors, whose analysts project them as the only opportunities in the sector. The illustration here is over a year old. Talison has now become the front runner in lithium production, with almost a third of worldwide production.


The potential for lithium production to satisfy the auto industry of the next decade is indeed, massive, as is shown in the chart above, but investors should not forget the many, varied uses for this 21st-century resource.


Rodinia Lithium 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 recoverable through the lithium harvesting process.


Rodinia's Salar de Diablillos lithium-brine project in Salta, Argentina, contains a