Fast Facts

  • 7,634 hectares – 68% interest (LSC is the operator)
  • LSC will operate the entire Salar
  • Shallow surface sampling in 2015 indicate good lithium values and favorable Mg:Li ratios
  • Geophysical data indicates the basin is up to 400m deep
  • Excellent infrastructure and on the national grid

LSC holds ~7,600 hectares and will operate the entire Salar. 

Overview

Salar de Jama is in the Province of Jujuy at the border with Chile and lies at an elevation of about 4,050 metres above sea level with a surface area of approximately 30 square kilometres.

National Route 52 passes immediately east of Salar Jama and provides excellent access to it.  Highway continues on to the major mining center of Calama and the ports of Mejillones and Antofagasta in northern Chile, providing major access from Antofagasta to northern Argentina.. The salar is situated 5 km south of integrated Argentinian-Chilean customs and a gas pipeline, and is approximately 1.5 hours drive from the Salar del Rincón.

LSC has a 51% interest in 5,000 hectares through a joint venture with Cuper S.A., of which LSC is the operator.  LSC also has a 100% interest in 2,634 hectares.

History of the Salar

In 2016, LSC acquired a 51% interest in a joint venture with Cuper S.A. to explore and develop lithium brines on 5,000 hectares in Salar de Jama.  LSC also acquired an additional 988 hectares in 2016 from ADY Resources Limited (a wholly-owned subsidiary of Enirgi Group). The remaining 1,646 hectares were acquired from Orocobre Ltd., along with tenements in Salinas Grandes, in 2017.

Minimal exploration and development work has been completed on the Jama property. In 2008, Segemar, the Argentine Geological Survey, completed a program of geological mapping, shallow surface sampling and trenching for delineation of borate mineralization. Further surface sampling works were undertaken by ADY Resources in 2010 and, in 2015, Cuper S.A. completed a program of shallow surface sampling. Results of the 2015 exploration indicate good lithium values and favourable Magnesium to Lithium ratios.

Exploration Program

In 2017, LSC completed a Vertical Electrical Sounding (“VES”) geophysical exploration program that show a deep conductive basin extending over a much greater area and to greater depths than originally expected. LSC is developing a program of additional geophysical work (3D seismic and CS-AMT) and diamond drilling to better establish the potential of Salar de Jama.