The Liberty One Lithium “North Paradox” property consists of 233 placer claims encompassing 4,480 acres located upon the Paradox Basin in Grand County, Utah, 15 km west of the town of Moab, in southeastern Utah. The property can be reached via a dirt road heading west from the Colorado River 1.5 miles north of the Intrepid potash mine site. The nearest commercial airport is at Grand Junction, Colorado, approximately 1.5 hours drive to the north and east.
The property is accessible to a point within a few miles by an all-weather paved road from Moab, Utah which becomes an access road to Dead Horse Point State Park. The center of the project area has numerous oil pump jacks and storage tanks, all of which are serviced by a network of all-weather dirt roads.
The Liberty One property is largely on the top of a large nearly flat plateau or mesa with an approximate elevation of 6000 feet (1850 m). In the northeastern portion of the property, there are several steep NE-trending narrow canyons cutting in to the plateau. Much of the plateau is open flats with sparse sagebrush and grasses. Approximately 30% of the area is covered by open juniper-pinion forest typical of the region.
The climate is high semi-desert with about 10 inches (33 cm) of rainfall per year, mainly as sparse winter snow and summer thunderstorms. Summers are hot and dry although temperatures rarely exceed 100 degrees F (38 C). Winters are moderate with temperatures rarely less than 10 degrees F (-12 C) and modest snowfall accumulation. The area is suitable for year-round operations.
Cane Creek Potash Mine downstream from Moab
The Cane Creek potash mine [operated by Intrepid Potash Inc.] is immediately southeast of the Liberty One Lithium property. It has been operating since 1965, initially as an underground room and pillar style mine. It was converted to a solution mining operation in 1970. It currently produces 700 to 1000 tons per day of potash.
Cane Creek potash evaporation ponds, Utah
According to USGS reports, the Paradox Basin contains up to 1.8 billion metric tonnes of potash, with the primary mine being the one at Cane Creek, where river water is pumped into the mine and dissolves the potash, after which the brine solution is pumped to evaporation ponds. Intrepid bought the mine in 2000 from Potash Corporation of Saskatchewan, which had bought from Texas Gulf in 1995.