News
Jan. 20, 2009
NEW Li RESOURCE ESTIMATE AT WESTERN LITHIUM’S KING’S VALLEY PROPERTY SUPPORTS THE POTENTIAL DEVELOPMENT OF LITHIUM CARBONATE PRODUCTION FOR LITHIUM ION BATTERIES
Reno, Nevada: Western Lithium Canada Corporation (“Western Lithium” or the “Company”) (TSX-V:WLC) is pleased to announce that a new National Instrument 43-101 resource estimate has been completed for the envisioned initial stage of development at the King’s Valley Hectorite Clay property in Nevada. The PCD lens contains Indicated Resources of 48.1 million tonnes grading 0.27% lithium, or the lithium carbonate equivalent (LCE) of 688,000 tonnes LCE and Inferred Resources of 42.3 million tonnes grading 0.27% lithium, for an equivalent of 606,000 tonnes LCE, both at a cut-off grade of 0.20% Lithium. This resource is envisioned to potentially support Stage I production at a rate of 20,000 tonnes per year LCE at King’s Valley. The independent estimate was prepared by AMEC E&C Services Inc (AMEC).
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