Global Geoscience Limited: Investor Presentation - ASX Spotlight Series 2016
25.10.2016 | ABN Newswire
Sydney - Global Geoscience Ltd. (ASX:GSC) is pleased to provide its Investor Presentation - ASX Spotlight Series 2016.Investment Highlights
- Strategic Asset
-- Very large lithium-boron deposit located in Nevada, USA
-- 3.4 million tonnes of lithium carbonate contained within Resource1
-- 11.3 million tonnes of boric acid contained within Resource1
-- Existing infrastructure, mining-friendly jurisdiction, skilled workforce
-- Global has option for 100% ownership interest
- Advanced
-- Maiden Resource of 393Mt at 1.2% Li2CO3 equivalent
-- High-grade zone: 65Mt at 2.0% Li2CO3 equivalent
-- Excellent potential to expand the Resource
- Potential
-- Amenable to open-pit mining methods
-- Potential for low-cost leaching of lithium and boron
-- Potential long-life, low-cost source of lithium and boron
Project Overview & History
- Large Property, simple ownership
- 22km2, GSC has option to purchase 100%
- North Basin (13 km2)
- Explored for boron in 1980's by US Borax
- 100-260m thick intersections in 9 holes drilled over an area of 5 square kilometres
- 2nd largest boron deposit in USA at the time
- South Basin (9km2)
- Explored for lithium in 2010-2011 by JOGMEC
- 15 RC and 21 diamond drill holes
- Maiden Resource estimate by GSC - Oct 2016
Summary
- Strategic Asset
Very large lithium-boron deposit located in Nevada, USA
- Advanced
Maiden Resource completed
Fully funded PFS scheduled to commence in early 2017
Opportunity to move quickly into development
- Potential
Strategic, long-life, low-cost source of lithium and boron
Potential supplier to the rising global demand for lithium
To view the presentation, please visit:
http://abnnewswire.net/lnk/O2UP84MQ
About Global Geoscience Limited:
Global Geoscience Ltd. (ASX:GSC) is a Sydney-based mineral exploration company specialising in greenfield exploration and mineral discovery. The Company's main focus is for copper, gold and silver on its mostly 100%-owned projects in Nevada and Arizona in the United States, and Peru in South America.
Contact:
Bernard Rowe Managing Director
Global Geoscience Ltd.
T: +61-2-9922-5800
E: browe@globalgeo.com.au
Darien Jagger Joint Managing Director
Cygnet Capital Pty Ltd
T: +61-8-9226-5511
E: dj@cygnetcapital.com.au