History

Directly east of the Liberty One Lithium Property within a contiguous alluvial region, DGFM Argentina conducted a 12-drill hole study (est. at 20 meters depth) in 1979. Typically, studies at this time were carried out at, or near surface, as there was no knowledge of how deep the salars are, information that is more commonly understood today.

A 2010 program* indicated brine assays ranging from 100 to 300 ppm within two northerly trending zones of lithium and potassium concentrations (“Anomalies”). The West Anomaly shows lithium ranging from 100ppm to 200ppm and has a Mg:Li ratio of 10.

1979 Lithium grades from the shallow wells drilled By DGFM.

This anomaly is up to 6 kilometers (3.6 miles) long and 2 kilometers (1.2 miles) wide, and as with the East Anomaly, the full areal extent of the West Anomaly is unknown. These anomalies have a direct correlation with geophysical Brine Targets 2 and 3 respectively.

The Company is focused on the coincident relationship between the lithium-potassium anomalies and the geophysical target zone aquifers in confirming the Pocitos Property has significant brine resource potential.