Compelling opportunity, page-2738

The last resource upgrade by SRK, applied conservative specific yield (halite: 4% for HMW, typical 6 - 14%; gravels: 6% for HMW, typical 11%).

Also, GLN recently acquired Casa Del Inca III tenement which is one of the best areas, in my view, this should further increase HMW resource.


"The specific yield of halite is a function of depth with “porous halite” having typical values of around 6 to 14% (e.g. 3Q Project, NEO Lithium Corp, NI 43-101 dated 07/05/2019). At depth, these values reduce to around typical values of around 4%. SRK applied a conservative specific yield value of 4% for the halite hydrogeologic domain.

The specific yield of gravels, channel deposits, flanglomerate sequences has been benchmarked to other projects, with typical values ranging around 11% (e.g. 3Q Project, NEO Lithium Corp, NI 43-101 dated 07/05/2019; Rincon Lithium project, AGY’s ASX release dated 13/11/2018). SRK applied a conservative specific yield value of 6% for the gravel hydrogeologic domain."