Lithium One Inc.(TSXV:LI) announced upgraded lithium and potassium resources at its Sal de Vida project. The Company also announced that a new Technical Report that follows the guidelines of NI 43-101 standards is due to be filed within the next 45 days.
As quoted in the press release:
The resource estimate was prepared in accordance with the guidelines of National Instrument 43-101 and uses best practice methods specific to brine resources, including a reliance on core drilling and sampling methods that yield depth-specific chemistry and effective (drainable) porosity measurements. The resource calculations were also confirmed using two different resource models. The work was completed by independent qualified person Mr. Michael Rosko of the international specialist hydrogeology firm E.L. Montgomery & Associates (“M&A”).