LPD 25.0% 0.3¢ lepidico ltd

Regional Exploration, page-62

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    Kazera Global have the Tantalite (tantalum) Valley mine in south eastern Namibia.
    As well as tantalum Kazera have lithium in their pegmatites (predominately lepidolite) and have
    been actively persuing this and have put together a mineral resource for lithium at their Purple Haze
    and Homestead pegmatites, which currently stands at 246.5 thousand tons at .58% Li2o.
    Kazera recently signed with chinese company Xinjian who will take a 49% interest in all of Kazeras
    present and future resources of lithium at Tantalite Valley for US$7.5m.
    LPD's mineral resource from the now old DFS of 11.4 million tons at .43% makes for a huge premium
    from what was paid for their in-situ lithium at todays prices.
 
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