Minas Gerais Lithium Project
We are primarily focused on advancing and developing our hard-rock lithium project located in the state of Minas Gerais, Brazil, where some of our high-potential mineral rights are adjacent to or near large lithium deposits that belong to a large, publicly traded competitor.
Our Minas Gerais Lithium Project is our largest endeavor and consists of 85 mineral rights totaling approximately 468km2 and predominantly located within the Brazilian Eastern Pegmatitic Province which has been surveyed by the Brazilian Geological Survey and is known for the presence of hard rock formations known as pegmatites which contain lithium-bearing minerals such as spodumene and petalite.
In general, lithium derived from pegmatites is less costly to purify for uses in high technology applications than lithium obtained from brine.
