VANCOUVER, British Columbia, Oct. 07, 2021 (Globe NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) ("Lithium Americas" or the "Company") is pleased to provide a project update for the Thacker Laissez passer lithium project in Humboldt County, Nevada ("Thacker Laissez passer" or the "Project") including an increase in the Mineral Resource judge to 13.7 one thousand thousand tonnes ("Mt") of lithium carbonate equivalent ("LCE") grading 2,231 parts per million lithium ("ppm Li") of Measured and Indicated ("Thousand&I") and 4.iv Mt of LCE grading two,112 ppm Li of Inferred Resource.

HIGHLIGHTS

  • Expanded M&I Resources estimate to 13.vii Mt LCE at ii,231 ppm Li. The updated Mineral Resources estimate incorporates the Southwest Basin, change in cut-off grade and additional drilling since the 2018 M&I Resources of 6.0 Mt LCE at ii,917 ppm Li.
  • Increased Phase 1 capacity of ongoing Feasibility Study to target 40,000 tpa lithium carbonate. Initial Phase 1 targeted chapters increased from 30,000-35,000 tpa to reflect the optimized mine plan and leaching efficiencies with the proposed 3,000 tpd sulfuric acrid found unchanged.
  • Incorporating Stage 2 to target additional 40,000 tpa capacity. Feasibility Report is being designed to incorporate a potential Phase 2 expansion scenario to target total chapters of lxxx,000 tpa to see potential partner and customer need. The Company expects to provide an update on timing of the Feasibility Study by early on 2022 to align with the strategic partnership process and ongoing engineering work.
  • Permitting procedure on track with final decision expected in Q1 2022. All cardinal State permits are expected to be released for public annotate in Q4 2021. At the Federal level, a courtroom hearing on the appeal of the Record of Conclusion is expected to take place in February 2022, with the ruling to follow shortly thereafter.
  • Early-works construction expected to commence in H1 2022. Early-works includes roads, site preparation, water line and boosted infrastructure to condense and de-adventure the overall construction schedule.
  • Discussions continue with potential strategic partners and customers. The Company has retained Greenhill & Co. to act as financial advisor for the Thacker Pass strategic partnership process.
  • Developing integrated pilot plant to support increased scale. Working on an integrated pilot establish, expected to be operational in H1 2022, to support ongoing optimization work, confirm sure assumptions in the design and operational parameters and provide product samples for potential customers.
  • Designed to minimize environmental footprint. Thacker Pass is beingness designed to comprise carbon-free power as its primary energy source, country-of-the-art air emissions control technologies, a zilch-water belch process, water recycling technologies to reduce water consumption and prefer active reclamation to maintain low footprint. Environmental touch analysis is underway by Golder Associates to align with the proposed Feasibility Report design.

"As the United states electric vehicle supply chain continues to grow, we remain committed to developing Thacker Pass with all of our stakeholders' interests in heed," said Jonathan Evans, President & CEO. "This includes ensuring we move the right project forward to align Thacker Laissez passer with the growing needs of our potential customers and strategic partners."

"The globe needs more large-scale and environmentally responsible lithium projects to enable the make clean free energy transition," added Mr. Evans. "With Thacker Pass moving closer towards structure, in Argentina our team remains focused on bringing the Caucharí-Olaroz lithium brine project online in the next twelve months as the largest new lithium carbonate operation in over 20 years."

Updated Mineral Resource Approximate

The Mineral Resource guess has been updated from the 2018 model to include new drilling within the Plan of Operations and the South Exploration Area (Figure 1).

Figure 1: Thacker Laissez passer Location and Mineral Resource Model Compared to the Boundary of 2018 Resource Model
https://www.globenewswire.com/NewsRoom/AttachmentNg/95a098ba-694c-4eea-aa52-2b6d15572cf3

Table ane shows the changes compared to the April five, 2018 Mineral Resource estimate.

Table 1: Updated Mineral Resource Estimate

Category Effective appointment of October 7, 2021

1,334 ppm Li cut-off class

Effective appointment of April 5, 2018

two,000 ppm Li cut-off grade

Measured 654.2 Mt

2,356 Average Li (ppm)

8.2 Mt LCE

242.ii Mt

ii,948 Average Li (ppm)

3.8 Mt LCE

Indicated 499.4 Mt

two,067 Average Li (ppm)

5.five Mt LCE

143.1 Mt

2,864 Average Li (ppm)

2.2 Mt LCE

Total Measured and Indicated one,153.half-dozen Mt

2,231 Boilerplate Li (ppm)

xiii.7 Mt LCE

385.3 Mt

two,917 Average Li (ppm)

6.0 Mt LCE

Inferred 391.6 Mt

2,112 Average Li (ppm)

four.iv Mt LCE

147.four Mt

ii,932 Boilerplate Li (ppm)

2.three Mt LCE

NOTES for the October 7, 2021 Resource:
  1. The Qualified Person who supervised the preparation of and approved disclosure for the judge is Randal Burns, B.Sc.Geology and SME, VP Exploration at Lithium Nevada Corp., a wholly endemic subsidiary of Lithium Americas.
  2. Mineral Resources are reported using an economic break-even adding formula: "Operating Toll per Resource Tonne"/"Toll per Recovered Tonne Lithium" * 10^half-dozen = ppm Li Cut-off. "Operating Cost per Resources Tonne" = The states$58.58, "Price per Recovered Tonne Lithium" is calculated: ("LCE Cost" * 5.32 * (one - "Royalties") * "Recovery". Variables are "LCE Price" = US$12,000/tonne Li2CO3, "Royalties" = 1.75% and "Recovery" = 70%.
  3. A resource economical pit shell has been derived from performing a pit optimization calculation using Vulcan software.
  4. The conversion factor for lithium metal (100%) to LCE is five.323.
  5. Applied density is ane.79 tonnes/m3.
  6. Measured Mineral Resources are in blocks estimated using at to the lowest degree vi drill holes and xviii samples within a 262 m × 262 one thousand search radius in the horizontal plane and 5 m in the vertical direction; Indicated Mineral Resource are in blocks estimated using at to the lowest degree two drill holes and six to 18 samples within a 483 m × 483 chiliad search radius in the horizontal plane and 5 m in the vertical management; and Inferred Mineral Resource are blocks estimated with at least one drill hole and three to six samples inside a search radius of 722 yard × 722 k in the horizontal aeroplane and v m in the vertical plane.
  7. Rounding errors may exist.

The bulk of the increase in the Mineral Resources tonnage is primarily due to (1) alter in cutting-off grade to maximize and optimize the available lithium for processing, a decision driven by market demands and supported by changes made to the procedure flowsheet, too as to comply with updated Canadian Institute of Mining and Metallurgy ("CIM") (2019) best practice guidelines to use a interruption-fifty-fifty cutting-off form and show mineability with economical pit optimization evaluation; (ii) an increase in the number of drill holes from 276 to 366; and (3) a larger area covered by the new drill holes.

To illustrate sensitivity to cutting-off grade, using the same cut-off of two,000 ppm Li equally the April 5, 2018 Mineral Resource estimate, the comparative Measured and Indicated estimate is ix.0 Mt LCE (average two,749 ppm Li) with Inferred at ii.6 Mt LCE (average two,703 ppm Li).

Lithium Americas affirms that the updated Mineral Resource estimate does non institute a fabric change and does not affect the integrity of the Resources and Reserves used in the preliminary feasibility study for Thacker Pass, "Technical Report on the Pre-Feasibility Report for the Thacker Laissez passer Project, Humboldt County, Nevada, USA dated constructive engagement Baronial i, 2018 (the "PFS").

Partnership Process and Feasibility Study

Partnership Process
The Company expects to provide an update on timing of the Feasibility Study by early on 2022, to align with the strategic partnership process and ongoing engineering work.

Lithium Americas has retained Greenhill & Co. to act as financial advisor for the Thacker Pass strategic partnership process.

Feasibility Report for Phases i and ii
Lithium Americas continues to advance the ongoing Feasibility Study targeting an increased initial product capacity to 40,000 tonnes per annum ("tpa") of lithium carbonate ("Phase 1") from xxx,000-35,000 tpa, previously. The increased target chapters reflects optimizations to the mine programme and leaching efficiencies, maintaining the same proposed 3,000 tonnes per day ("tpd") sulfuric acid found and water usage. The Company is continuing to optimize engineering to consummate the capital cost judge and incorporate the impact of inflationary pressure, permit requirements and an increase in processing equipment.

In addition, the Company plans to include an expansion scenario to target total capacity of 80,000 tpa of lithium carbonate. The addition of a xl,000 tpa expansion ("Phase two"), is designed to demonstrate Thacker Pass' ability to scale production and align with potential customers' and partners' longer-term demands. The Phase 2 expansion scenario would entail additional fourth dimension required to improve and meet permitting requirements beyond Phase one.

To meet potential customer and partner needs, the Company continues to likewise accelerate engineering to consider an option for a 20,000 tpa lithium hydroxide chemical conversion constitute.

Procedure Engineering science and Design

Mine Plan and Processing Optimization
Over the past year, Lithium Americas has grown the engineering and technical team and continues to further optimize the mine plan and process. Optimization work is focused on maximizing lithium carbonate production in Phase i without increasing the size of the proposed three,000 tpd sulfuric acrid plant or water usage. Improvements include a mine plan focused on the illite clay and processing technologies to increase yield. When compared to smectite clay, illite dirt displays higher leaching efficiencies and mostly has college lithium concentrations, as well equally contains fewer impurities such as magnesium and calcium. Procedure changes completed include ore beneficiation, magnesium sulfate crystallization and improvements to the lithium carbonate excursion.

The Visitor is targeting total Stage 2 production capacity of 80,000 tpa within the same mining footprint equally the permitted pit purlieus. The squad is advancing the mine engineering and combining the Phase ane optimization and process improvements to achieve this increased product level.

Lithium Technical Evolution Center Collaboration with UNR
Working in collaboration with University of Nevada, Reno ("UNR"), the existing process testing facility volition be relocated to a new facility in Reno and expanded to run the total Thacker Laissez passer flowsheet to produce lithium carbonate samples. This Lithium Technical Development Center will also perform tests on other lithium deposits such as spodumene and brine. The integrated pilot plant is expected to be in operation in the first half of 2022 to support ongoing optimization work, confirm certain assumptions in the pattern and operational parameters and provide product samples for potential customers.

Regulatory and Permitting

Federal Permits
The Record of Conclusion ("ROD") was received in Jan 2021 from the Bureau of Land Management ("BLM"). In Feb 2021, claims were filed against the BLM to entreatment the issuance of the ROD. Injunction requests over the Visitor's program to begin pre-structure piece of work were denied in Q3 2021. A court hearing on the appeal is expected to take place in February 2022, with the ruling to follow presently thereafter.

State Permits
Three key country-level permits are expected to exist published in draft class by the Nevada Section of Environmental Protection ("NDEP") for public annotate in Q4 2021: (one) H2o Pollution Control Permit, (2) Mine Reclamation Permit and (iii) Course II Air Let. The Company expects to have final versions of these permits in December 2021.

The Visitor expects that early on-works on the water line could begin as early as February 2022, once permits are received. Other early on-works are expected to begin in H1 2022, including roads, site grooming and additional infrastructure, to condense and de-gamble overall structure schedule.

H2o Rights
A decision on the Company'due south water rights transfer awarding past the state engineer to transfer the Company's existing water rights, which is expected to provide sufficient water for all of Phase 1, is anticipated by Q1 2022.

Ecology and Social Responsibility

Fort McDermitt Paiute and Shoshone Tribe Benefits Agreement
The Company has presented a benefits agreement to the Fort McDermitt Paiute and Shoshone Tribe. Respecting the rights, culture, aspirations and interests of the local communities straight affected by the development and operation of Thacker Pass and working collaboratively towards mutually benign relationships remains a key priority for the Company.

Community Engagement
Through engagement with the community, the Company continues to enthusiastically participate in the Negotiating Work Grouping ('Work Group") forth with selected members of the Thacker Laissez passer Concerned Citizens Group ("TPCCG"). The purpose of the Work Group is to develop agreements supported by scientific data and community buy-in to guide the construction and operations of Thacker Pass. The Work Group focuses its discussions on identifying solutions that protect the safety and well-existence of community members. The Work Group continues to come across every two weeks, and the Visitor is committed to apace resolving community problems and building healthy relations for years to come up.

Carbon Footprint and Water Bear upon Assay
The Company has engaged Golder Associates to determine the estimated operational carbon footprint and water affect of the operations of both Thacker Pass and Caucharí-Olaroz. Thacker Pass is designed to minimize environmental touch on by approximately 45 MW of carbon-costless ability from the iii,000 tpd sulfuric acid plant equally a principal ability source, designing the project to avoid sensitive habitat, minimizing h2o consumption and air emissions through land-of-the-art technologies, as well as maximizing production levels within the same footprint as previously considered.

Socioeconomic and Environmental Written report with UNR
Lithium Americas has a long-standing relationship with UNR, originally partnering with UNR's Department of Agriculture, Veterinary and Rangeland Sciences to establish the Great Bowl Sagebrush Restoration Fund in 2017. The Company has recently formalized a human relationship with the Department of Mining and Metallurgical Applied science at UNR's Mackay Schoolhouse of Earth Sciences and Engineering to appraise the socioeconomic and environmental footprint for Thacker Laissez passer. Professor Ehsan Bahidi, Ph.D. will run the two-year program, which will include evolution of a life cycle inventory database, quantifying the environmental performance of lithium production from claystone ore and analysis of socioeconomic impacts from activity at Thacker Laissez passer with other lithium production facilities around the world.

Mineral Resource Estimate Methodology

A cake model was created by mining contractor Sawtooth Mining, LLC, a subsidiary of NACCO Industries, Inc. (NYSE: NC), and role of the NACCO Natural Resource family, using Maptek's Vulcan 3D subsurface geologic modeling software. A regular block model with a block size of 25 one thousand past 25 one thousand by ane thou was generated. A Vulcan ISIS database was designed and populated with native geologic information from Excel datasheets containing borehole assays, collars, lithological and survey information which were exported from the Company'due south Hexagon Mining Drillhole Manager (Torque) database. A composited database was and then created from this native ISIS database. A compositing run length of 1 m was chosen based upon mining assumptions of potential waste removal. This composited database used existing geocodes from the Torque database to isolate the compositing of grades to each correlated geologic lithology. Lithium grades were interpolated for clay/ash lithologies in the block model through ordinary kriging modeling method from a 1 chiliad composited quality database.

Error traces were connected to generate seven faulted block zones. These faulted block zones were used to limit the lithium class estimation to the blocks and drill holes existing within each representative faulted cake zone. Lithium grades have been estimated throughout the block model using the composited assay database with the declustered weights through ordinary kriging (OK) modeling method. Just dirt/ash ore material was estimated for lithium course and each domain was estimated independently.

In accord with CIM Definition Standards forth with Mineral Resource and Mineral Reserve Estimation All-time Practice Guidelines (2019) a resource economical pit shell has been derived from performing a pit optimization calculation using Vulcan Software. The pit optimization utilized the appropriate cost inputs and the lithium cutting-off grade of one,334 ppm to determine the economical resource pit shell for the last resources estimation from the block model.

Quality Assurance and Quality Command

The data collection and analysis procedures employed to develop the information presented in this news release use manufacture-standard quality techniques and procedures.

Sampling procedure and assaying methods were as follows:

  • Drilled core was brought from the field to the Company's core shed located in Orovada, Nevada. The boxes of core were logged, photographed, cutting and sampled past Company employees and consultants. The geologist determined the length of the assay samples past lithology and averaged i.60 chiliad. The core was cut in half with diamond blade saws, using fresh water and half bagged for sampling. For duplicate samples, one half of the core is cut in half again and the two halves are bagged and sampled separately to test sampling and analysis precision. Each sample was assigned a unique identification number to ensure security and anonymity. Randomly inserted in the sample stream were QA/QC samples, which correspond x.1% of the total assays. The QA/QC samples include blanks to test for contamination, high and depression-grade lithium standards to test for accuracy and duplicates to test for precision.
  • Drilled core samples were collected from the cadre shed by ALS Ltd. ("ALS"), an contained analytical testing services provider, and transported to their lab in Reno, Nevada. At ALS, the samples were dried at a maximum temperature of lx degrees Celsius and the entire sample was then crushed with a jaw crusher to 90% passing a ten-mesh screen. Nominal 250 gram splits were taken for each sample using a burglarize splitter. This split is pulverized using a ring manufactory to 90% passing a 150-mesh screen.
  • ALS' analysis included four-acid digestion and inductively coupled atomic emission plasma spectroscopy to ensure that elevated metal concentrations were not present, which would interfere with inductively coupled plasma mass spectroscopy analyses.

QA/QC protocols included:

  • High, low and blank standards were inserted in random sampling intervals. These samples were likewise assigned a blinded sample identification number.
  • Duplicate samples were taken approximately every 30.48 meters. Each was assigned a blinded identification number.

QA/QC statistical evaluations and results:

  • 2017-2018 LNC Drilling
    • Eight low form samples out of 139 assays fell outside the certified two standard deviation. All eight were within seventy ppm of falling inside the ii standard difference criteria. 7 high-grade samples out of 140 assays vicious outside the certified two standard deviation. All were biased depression past as much as 135 ppm.
    • All blank standards reported less than 100 ppm Lithium.
    • All assay standards showed minimal bias drift with fourth dimension.
    • 365 duplicate ¼ cadre samples, 730 assays, returned a R2 correlation value of 0.9901.
      • One sample pair was withdrawn.
  • 2010-2011 WLC Drilling
    • Twelve depression grade samples out of 305 assays fell exterior the certified ii standard deviation. Eight were within 90 ppm of falling within the two standard divergence criteria, iii samples were withdrawn as likely HG mis-sampling and one withdrawn every bit a bad assay. Fifteen loftier-grade samples out of 303 assays fell outside the certified two standard deviation. Iv samples are withdrawn as likely LG mis-sampling and the remaining within 170 ppm of falling inside the 2 standard difference criteria.
    • Seventeen blank standards out of 308 samples exceeded the 100 ppm Lithium threshold. The max exceedance was past 156 ppm.
    • All assay standards showed minimal bias migrate with time.
    • 247 duplicate ¼ core samples, 494 assays, returned a R2 correlation value of 0.9732.

National Musical instrument 43-101 Disclosure

The scientific and technical data disclosed in this news release relating to the Resource Estimate has been prepared and approved past Randal Burns, B.Sc., SME, VP Exploration at Lithium Nevada Corp., a wholly owned subsidiary of Lithium Americas, a "Qualified Person" as defined by National Instrument 43-101 ("NI 43-101").

Mr. Burns has verified the information disclosed in this news release and no limitations were imposed on the verification process. In the grade of data verification, and for purposes of QA/QC, Mr. Burns, among other things, reviewed or developed the following types of data for the deposit:

  • Geologic maps and cross sections
  • Cake model methods, parameters, tabulations, and model results
  • Estimated mining and process costs
  • Resource determination procedures and results to clinch reasonable expectation of economic extraction
  • Sampling process and assaying methods
  • QA/QC protocols and results, including:
    • Analysis of inserted standards
    • Analysis of inserted blanks
    • Confirmation of assays from a check lab
    • Reverse Circulation versus Diamond Drilling
    • ¼ core sampling and assay versus ½ cadre sampling and assay
    • Spot checks of the data base of operations against original certificates of analysis
    • Statistical evaluations and studies
    • Checked reliability of historic information and established protocol for credence or rejection of legacy information

Unless otherwise indicated, Lithium Americas has prepared the technical information in this news release ("Technical Data") based on information contained in the technical reports, news releases and MD&A'south (collectively the "Disclosure Documents") available under the company's SEDAR profile at www.sedar.com. The Disclosure Documents are each intended to be read as a whole, and sections should not be read or relied upon out of context. The Technical Information is subject to the assumptions and qualifications contained in the Disclosure Documents. Readers are advised that Mineral Resource that are non Mineral Reserves do not have demonstrated economic viability. The Company does not view the alter in Mineral Resources equally material until the Mineral Resource are included in an updated mine programme. Lithium Americas affirms that the updated Mineral Resource estimate does not constitute a material alter and does not affect the integrity of the Resource and Reserves used in the PFS.

The Technical Data in this news release has been reviewed and approved by Rene LeBlanc, PhD, SME, Chief Technical Officeholder of Lithium Americas, a Qualified Person as divers by NI 43-101.

Other than equally described in the Company's Disclosure Documents, there are no known legal, political, environmental or other risks that could materially touch the potential development of the Mineral Resources at this point of time.

Most Lithium Americas

Lithium Americas is a development-stage company with projects in Jujuy, Argentina and Humboldt County, Nevada, United States. The Company trades on both the Toronto Stock Exchange and on the New York Stock Exchange, under the ticker symbol "LAC".

For farther information contact:
Investor Relations
Telephone: 778-656-5820
Email: ir@lithiumamericas.com
Website: world wide web.lithiumamericas.com

Forward-Looking Statements

This news release contains "forward-looking data" and "forward-looking statements" (which we refer to collectively every bit frontwards-looking information) nether the provisions of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking information. Forward-looking statements in this news release are fabricated every bit of the date of this news release. Examples of forward-looking statements herein include, amongst other things, statements related to: the estimated amount and course of Mineral Resources for the Thacker Pass project (the "Project"); timing, results and completion of a feasibility study and to make a construction decision for the Project, including an expected increase to full production capacity; estimates of future production, including ore processed and metal recovered; results of the engineering optimization and blueprint work underway to advance the feasibility study; expected outcomes and timings of permit applications, environmental studies and surveys, and other environmental matters; the Company receiving and maintaining permits as anticipated; expected timing and outcome of litigation concerning the Project; timing and extent of early-works construction for the Projection; the potential for Project partnership and financing scenarios, including potential regime loan applications; expected timing and commencement-up of an integrated pilot plant; that the Project design, technologies utilized and environmental impacts will exist as predictable; the back up of local communities and tribes for the Projection; market place demand for the Company's products and future product offerings to satisfy such demand; commencement of production at the Caucharí-Olaroz project, which is held and operated through an entity in Argentina nether a co-ownership organization with tertiary parties; and successful operation of the Caucharí-Olaroz project nether the co-ownership structure.

Forrard-looking information is based upon a number of risks, factors and assumptions that, if untrue, could cause the bodily results, functioning or achievements of the Visitor to be materially different from future results, performance or achievements expressed or implied by such data. Such information reflects the Company's electric current views with respect to future events and is necessarily based upon a number of assumptions that, while considered reasonable past the Company today, are inherently subject area to significant uncertainties and contingencies. These risks, factors and assumptions include, among others: consistencies of mineralization and ore grades; mine programme design and costing, including processing and mining costs; the rate of recovery of lithium from the ore as a result of leach extraction and processing methods, and changes to such recovery rate when scaled; changes to project parameters as plans go on to exist refined; current technological trends; impacts of inflation and additional process equipment on cost estimation and Projection CAPEX; changes to the Company's current and future business organisation plans and the strategic alternatives available to the Company; the ability of the Company to fund, accelerate and develop its projects; completion of optimization piece of work and a feasibility study for the Project that is economic; receipt and maintenance of permits and other regulatory approvals on terms acceptable to the Visitor; successful consequence of litigation involving the Projection; personnel, mechanism and equipment beingness secured within estimated timelines and at estimated prices; risks related to Projection infrastructure; need, supply and pricing for lithium; currency substitution rates; stock market conditions generally; a cordial concern relationship among the Visitor and its partners; positive outcomes from consultations with local communities and tribes; and the impact of taxation laws and general economic and political conditions in the U.S. and other jurisdictions where the Visitor conducts business.

Additional risks, assumptions and other factors upon which frontwards-looking data is based, as it pertains to the Company and its backdrop, are fix out in the Visitor's management discussion and analysis and most recent almanac information form, copies of which are available on SEDAR at www.sedar.com.

All estimates of Mineral Resources included in this news release have been prepared in accordance with NI 43-101 and the CIM Definition Standards on Mineral Resources, which differ in certain material respects from the mineral property disclosure requirements of the U.S. Securities and Exchange Commission applicable to domestic United States reporting companies that became constructive on Feb 25, 2019. Accordingly, the estimates reported by the Company may not exist comparable with information reported by U.S. domestic reporting companies.

Although the Company has attempted to identify important risks and assumptions, given the inherent uncertainties in such forward-looking information, there may be other factors that crusade results to differ materially. Frontward-looking information is made as of the appointment hereof and the Visitor does not intend, and expressly disclaims whatsoever obligation to update or revise the forwards-looking information contained in this news release, except as required by applicable police force. Accordingly, readers are cautioned not to identify undue reliance on forward-looking data.

APPENDIX – MINERAL RESOURCE ESTIMATE AND DRILLING

Tabular array 2: Mineral Resource Guess as of Oct 7, 2021

Category Tonnage
(000'south t)
Boilerplate Lithium
(ppm)
LCE Quantity
(000'south t)
Measured 654,192 2,356 8,204
Indicated 499,436 2,067 five,495
Full Measured and Indicated 1,153,628 2,231 13,699
Inferred 391,577 2,112 4,401
Notes:
  1. The Qualified Person for the estimates is Randal Burns, B.Sc., SME, VP Exploration at Lithium Nevada Corp., a wholly endemic subsidiary of Lithium Americas Corp.
  2. Mineral Resources presented at a 1,334 ppm Li cut-off grade.
  3. Mineral Resource are reported using an economic pause-even calculation formula: "Operating Cost per Resource Tonne"/"Toll per Recovered Tonne Lithium" * 10^six = Li ppm Cut-off. "Operating Cost per Resource Tonne" = US$58.58, "Price per Recovered Tonne Lithium" is calculated ("LCE Price" * 5.32 * (1 - "Royalties") * "Recovery". Variables are "LCE Price" = Us$12,000/tonne LiiiCOthree, "Royalties" = 1.75% and "Recovery" = 70%.
  4. A resource economic pit beat out has been derived from performing a pit optimization calculation using Vulcan software.
  5. The conversion gene for lithium metal (100%) to LCE is 5.323.
  6. Practical density is 1.79 tonnes/mthree.
  7. Measured Mineral Resources are in blocks estimated using at to the lowest degree six drill holes and eighteen samples inside a 262 thou × 262 m search radius in the horizontal aeroplane and 5 m in the vertical direction; Indicated Mineral resource are in blocks estimated using at to the lowest degree two drill holes and 6 to xviii samples within a 483 m × 483 m search radius in the horizontal aeroplane and v m in the vertical direction; and Inferred Mineral Resources are blocks estimated with at least one drill hole and three to half dozen samples within a search radius of 722 m × 722 m in the horizontal plane and 5 m in the vertical airplane.
  8. Rounding errors may be.

Figure 2a – Drill Hole Location Map
https://world wide web.globenewswire.com/NewsRoom/AttachmentNg/35bf5830-814c-4c02-a49f-8c88e3f515f3

Figure 2b – Drill Hole Location Map
https://world wide web.globenewswire.com/NewsRoom/AttachmentNg/b5504cc1-6fce-42c5-9514-c6e902c0e5d2

Table 3 – All Thacker Laissez passer Drilling Used in Mineral Resource Estimate with an Effective Date of Oct 7, 2021

Hole Total Depth
(1000)
Overburden
(m)
Length (m)
>1,334 ppm Li
Average
Li (ppm)
Maximum Li
(ppm)
Easting Northing
LNC-001 186.v thirteen.three 75.3 three,028 half-dozen,100 410,649 4,616,569
LNC-002 61.0 0.0 61.0 178 273 410,602 4,616,216
LNC-003 97.four 33.vi 0.3 2,480 2,480 410,644 4,615,963
LNC-004 46.4 15.8 one.vi one,450 1,450 410,610 4,615,822
LNC-005 61.0 0.0 61.0 178 990 410,238 four,615,484
LNC-006 61.0 0.0 61.0 153 379 412,393 4,615,216
LNC-007 83.1 0.0 83.one 118 411 413,679 4,616,174
LNC-008 76.2 46.0 0.5 1,470 one,470 413,131 4,615,502
LNC-009 231.7 96.2 52.8 2,302 iv,050 417,579 4,616,784
LNC-010 212.5 149.4 23.0 1,898 ii,550 418,256 four,617,540
LNC-011 71.8 vi.ane 34.1 ii,392 3,950 409,813 four,616,848
LNC-012 54.1 0.0 54.1 94 690 409,213 4,616,006
LNC-013 121.nine 35.7 43.2 2,522 half-dozen,170 408,685 four,616,478
LNC-014 76.iii 62.3 0.8 1,340 i,340 409,098 4,616,247
LNC-015 122.4 iii.ii 66.2 2,852 half-dozen,340 409,693 4,616,623
LNC-016 95.3 13.0 52.1 2,697 5,350 408,450 4,616,716
LNC-017 45.8 4.5 18.3 2,695 v,800 409,021 iv,616,800
LNC-018 122.7 3.vi 62.iv 2,723 5,820 409,854 4,616,969
LNC-019 83.1 3.1 64.ii three,387 6,420 409,924 iv,618,708
LNC-020 78.v ten.5 51.2 3,549 half dozen,920 409,746 4,618,748
LNC-021 80.1 6.0 64.one 3,680 vii,660 409,600 4,618,773
LNC-022 46.v 37.six i.6 1,790 1,790 413,414 4,618,162
LNC-023 46.half-dozen 22.3 5.half dozen 1,970 ii,750 413,427 4,617,142
LNC-024 54.9 15.1 21.4 2,788 4,980 413,414 4,617,422
LNC-025 77.0 34.5 1.nine one,350 i,350 413,770 4,618,532
LNC-026 95.1 20.6 64.iv 3,173 5,550 409,915 4,618,894
LNC-027 106.vii 6.three 71.0 3,299 5,870 410,106 four,618,841
LNC-028 89.2 0.0 71.7 3,302 7,230 409,748 4,618,887
LNC-029 107.5 xiii.8 65.9 iii,297 v,480 410,274 four,618,851
LNC-030 76.2 8.four 59.five three,207 6,880 410,639 4,618,095
LNC-031 90.7 11.1 68.2 iii,413 7,540 410,940 four,618,181
LNC-032 80.0 xi.1 61.half-dozen 3,523 vii,210 410,950 four,618,112
LNC-033 89.2 9.three 68.five three,416 vii,620 410,937 4,618,057
LNC-034 61.8 4.four 49.5 iii,913 eight,040 410,942 iv,617,995
LNC-035 40.5 2.5 32.five 3,989 7,720 410,880 4,617,999
LNC-036 92.3 three.eight 79.5 iii,204 7,440 410,883 4,618,052
LNC-037 92.2 15.7 63.3 3,270 6,990 410,884 4,618,111
LNC-038 95.iii 13.8 68.7 3,284 6,940 410,877 4,618,181
LNC-039 89.2 ten.ix 71.5 3,255 7,500 410,815 4,618,180
LNC-040 87.seven 12.4 69.9 3,594 7,950 410,744 4,618,183
LNC-041 45.vii 2.5 36.3 3,729 7,040 410,697 4,618,048
LNC-042 95.3 15.three 73.2 3,357 half dozen,990 410,707 4,618,120
LNC-043 91.0 sixteen.iii 69.eight 3,289 7,180 410,947 4,618,238
LNC-044 89.3 eleven.5 68.8 three,593 6,960 410,881 4,618,239
LNC-045 84.half-dozen 16.0 63.0 three,519 6,910 410,810 four,618,247
LNC-046 66.v 17.4 46.iii 3,394 vii,320 410,744 4,618,246
LNC-047 88.7 14.5 62.ix 3,567 7,390 410,699 four,618,242
LNC-048 92.3 xvi.7 63.v 3,488 half-dozen,900 410,694 four,618,187
LNC-057 92.3 14.ii 72.2 3,329 7,370 410,836 4,618,363
LNC-058 95.i xvi.0 66.5 iii,207 7,950 410,829 iv,618,118
LNC-059 113.vii 6.i 77.3 three,173 6,170 410,908 4,618,483
LNC-060 95.3 0.0 73.6 3,134 6,620 410,829 4,618,058
LNC-061 112.1 9.9 69.5 3,093 v,670 410,844 4,618,485
LNC-062 97.0 xiv.9 75.half dozen iii,146 6,700 410,767 4,618,116
LNC-063 90.viii 22.2 65.viii 3,314 6,450 410,852 iv,618,420
LNC-064 54.ii 0.0 47.2 3,298 6,760 410,768 4,618,054
LNC-065 96.9 23.4 64.7 3,410 6,460 410,784 4,618,424
LNC-066 87.7 13.i 65.five 3,605 6,640 410,949 four,618,301
LNC-067 58.8 11.eight 35.ii three,718 half dozen,770 409,785 4,618,511
LNC-068 92.three 13.iii 70.2 3,397 6,740 410,889 4,618,298
LNC-069 54.two 11.8 30.0 4,123 eight,440 409,857 four,618,486
LNC-070 84.vii 14.6 62.four 3,373 seven,160 410,894 4,618,363
LNC-071 101.four sixteen.2 68.1 iii,610 vii,530 410,947 4,618,364
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LNC-073 77.1 x.ii 40.4 3,633 vii,770 409,638 four,618,498
LNC-074 90.eight 21.4 54.1 3,525 six,840 410,896 four,618,423
LNC-075 69.iv 8.eight 45.6 3,922 7,690 409,996 four,618,446
LNC-076 98.three 14.7 68.5 3,461 8,100 410,799 4,618,373
LNC-077 75.v 11.6 52.v three,728 seven,220 410,107 4,618,367
LNC-078 88.0 13.4 66.1 3,467 half-dozen,770 410,787 4,618,304
LNC-079 63.six 4.0 43.1 4,228 6,970 409,991 4,618,300
LNC-080 94.4 20.0 65.iii 3,604 7,130 410,746 4,618,366
LNC-081 98.7 0.0 98.7 xxx 60 409,623 4,618,239
LNC-082 ninety.7 16.0 68.iv 3,494 7,430 410,745 four,618,305
LNC-083 37.7 0.0 twenty.9 3,768 5,180 411,131 4,617,984
LNC-084 67.8 6.8 45.viii 3,687 7,540 411,769 four,618,190
LNC-085 113.half-dozen 4.seven 80.4 three,069 vi,220 410,964 4,618,484
LNC-087 113.five 21.viii 67.2 three,043 5,640 410,104 4,618,990
LNC-088 108.9 viii.1 66.3 2,888 5,560 409,916 four,619,034
LNC-089 99.1 32.vi 64.0 ii,970 5,450 409,753 4,619,030
LNC-090 75.9 xiv.5 54.i 3,043 4,880 409,593 four,619,055
LNC-091 85.7 16.iii 57.nine 3,402 6,990 409,595 4,618,935
LNC-092 152.1 8.4 25.7 4,391 7,140 409,600 iv,618,657
LNC-093 106.0 0.0 24.ix 4,833 vii,550 409,440 4,618,920
LNC-094 85.eight 0.0 60.4 three,520 6,380 409,442 4,619,010
LNC-095 79.0 0.0 79.0 58 93 409,366 4,618,811
LNC-096 73.iii ii.4 23.3 four,725 half-dozen,670 409,255 4,618,779
LNC-097 111.4 0.0 xvi.vi 4,457 6,100 409,254 4,618,913
LNC-098 125.0 0.0 37.6 3,572 six,130 409,258 4,619,051
LNC-099 64.6 9.4 50.v three,574 7,870 409,246 4,618,634
LNC-100 43.9 3.vii thirteen.4 3,189 6,250 409,410 4,618,524
LNC-101 61.0 0.0 41.3 4,028 6,400 409,438 4,618,618
LNC-102 47.2 two.3 10.six v,664 7,110 409,447 4,618,763
LNC-103 182.9 1.2 181.vii 27 84 409,621 4,618,238
LNC-104 152.6 four.4 66.vii 2,777 5,870 409,621 iv,617,689
LNC-105 81.ix sixteen.5 twenty.ix 2,276 4,130 408,951 four,617,146
LNC-106 87.8 0.0 22.ix two,955 4,940 409,354 4,617,059
LNC-107 56.0 1.8 23.ane 2,347 iv,440 409,273 4,616,710
LNC-108 20.9 0.0 20.9 200 i,070 408,652 four,616,906
LNC-109 152.nine 12.5 63.1 2,555 5,050 408,684 iv,616,627
LNC-110 36.5 ii.7 33.seven 397 i,070 409,702 4,616,127
LNC-111 167.6 84.two 21.1 2,059 3,080 409,215 4,616,000
LNC-112 89.6 iii.3 3.three 1,487 1,540 409,404 4,616,312
LNC-113 128.9 39.4 threescore.half-dozen 2,554 5,360 408,438 four,616,537
LNC-114 178.5 114.9 27.0 ii,390 3,490 409,700 four,616,131
LNC-115 167.1 132.4 7.half dozen 1,658 1,900 416,598 four,618,476
LNC-116 158.five 0.0 21.5 2,909 v,290 409,012 4,617,749
LNC-117 117.nine 0.0 66.iv 2,816 6,170 409,512 4,616,583
LNC-118 155.5 8.3 79.1 two,847 5,630 409,898 4,616,825
LNC-119 116.3 0.0 116.three 35 133 408,386 iv,617,489
LNC-120 155.nine l.viii 47.half-dozen 2,499 5,370 409,125 4,616,551
LNC-121 185.9 106.3 23.five 2,386 three,270 415,215 4,619,638
LNC-122 112.eight 14.2 50.2 2,769 4,480 408,183 four,616,581
LNC-123 182.9 32.3 68.4 iii,040 5,430 413,759 4,618,783
LNC-124 61.6 two.9 16.7 2,108 four,180 408,157 four,616,747
LNC-125 113.iv 29.3 55.6 two,476 4,860 414,280 four,618,993
LNC-126 193.6 11.4 88.9 2,614 v,230 410,275 4,616,421
LNC-127 38.iii 0.0 38.three 136 710 412,105 iv,618,859
LNC-128 218.nine 94.5 60.ane 2,884 5,430 410,604 4,616,218
LNC-130 171.4 9.seven 79.3 ii,691 5,120 410,070 4,616,675
LNC-131 88.8 14.1 53.ii 2,867 4,070 411,572 4,618,921
LNC-132 101.1 0.0 101.i 145 296 414,525 4,617,324
LNC-133 93.2 21.3 52.ane 2,986 6,660 410,706 4,618,942
LNC-134 213.viii 78.9 75.8 3,280 six,810 414,516 four,617,666
LNC-135 111.iv 7.6 71.three ii,877 4,720 411,013 4,618,878
LNC-136 189.vii 137.2 39.2 2,588 iii,810 414,131 four,617,284
LNC-137 72.8 vi.7 54.0 ii,819 4,620 411,249 4,619,054
LNC-138 91.4 0.0 91.four 190 401 414,133 4,617,616
LNC-139 76.5 ix.9 56.6 2,851 5,220 411,215 4,618,908
LNC-140 84.2 28.0 4.9 two,179 ii,510 413,766 4,617,207
LNC-141 105.0 eight.viii 70.1 3,165 5,730 411,301 four,618,718
LNC-142 77.2 9.one 1.8 one,760 one,760 413,766 4,617,996
LNC-143 77.5 17.3 vi.iii i,764 ii,380 414,548 4,618,065
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WLC-001 125.0 6.1 41.1 2,896 4,700 410,991 4,617,491
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WLC-003 185.3 4.6 77.seven two,914 7,100 412,247 iv,617,934
WLC-004 139.iii 67.1 12.2 2,886 four,800 411,939 four,618,140
WLC-005 182.9 16.8 80.8 2,664 6,000 412,139 4,617,635
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WLC-010 104.2 7.6 9.1 2,134 3,094 411,242 4,617,936
WLC-011 100.3 51.eight 24.4 1,981 3,500 411,234 4,617,630
WLC-012 171.7 7.6 70.1 3,024 6,800 411,540 4,617,930
WLC-013 126.nine vii.6 62.five 2,919 half dozen,500 411,835 4,617,934
WLC-014 182.0 6.1 62.5 ii,516 5,500 411,236 4,617,338
WLC-015 139.4 6.ane 30.3 two,346 4,300 410,946 iv,617,640
WLC-016 83.v 3.1 16.8 ii,559 five,685 410,637 4,617,637
WLC-017 274.9 63.7 70.4 ii,496 4,577 410,831 4,617,134
WLC-018 157.6 twenty.1 forty.2 two,444 four,198 410,933 iv,617,345
WLC-019 105.8 15.two 90.5 20 184 410,339 4,617,638
WLC-020 156.5 eight.ii 62.viii 2,571 half dozen,026 412,139 four,617,936
WLC-021 152.iv ix.1 53.3 2,493 4,508 412,046 iv,617,944
WLC-022 138.7 11.3 53.3 2,784 5,890 411,991 4,617,946
WLC-023 130.2 11.3 65.8 2,750 v,500 411,890 four,618,034
WLC-024 182.0 46.9 20.6 2,283 iii,600 411,927 4,617,989
WLC-025 159.1 vi.seven 68.five 2,757 6,800 411,896 4,617,941
WLC-026 146.three 14.vi 28.0 iii,451 vi,400 411,947 4,617,945
WLC-027 115.8 11.three 59.two 2,926 6,230 412,009 4,617,890
WLC-028 246.0 14.3 58.2 ii,926 6,178 412,026 iv,617,839
WLC-029 122.8 12.two 51.eight ii,182 iv,200 412,047 iv,617,790
WLC-030 99.7 13.7 38.1 ii,766 6,050 410,996 4,617,445
WLC-031 93.6 v.2 34.ane ii,349 3,890 410,993 four,617,564
WLC-032 30.six iv.0 22.iii 3,094 five,670 410,993 iv,617,567
WLC-033 30.five four.0 25.3 three,054 5,782 410,988 iv,617,446
WLC-034 99.7 4.9 33.five ii,913 5,497 411,043 four,617,631
WLC-035 121.ix 4.half dozen 27.seven 2,743 5,859 411,142 4,617,639
WLC-036 78.iii 3.1 16.viii 2,007 three,040 410,490 4,617,938
WLC-037 69.2 3.ane 16.8 ii,105 three,023 410,569 iv,617,939
WLC-040 79.8 9.5 38.8 3,308 half dozen,720 411,772 4,618,186
WLC-041 56.three nine.8 38.six 3,367 6,170 411,541 4,618,122
WLC-042 91.vii 5.six 54.viii 3,244 6,840 411,424 iv,617,786
WLC-043 86.0 4.6 57.8 3,433 7,080 411,684 4,618,053
WLC-044 116.4 8.3 73.iii 3,096 6,960 411,690 4,617,802
WLC-045 107.ii 4.seven 67.viii 2,879 6,270 411,882 iv,617,800
WLC-046 116.4 0.0 70.two 2,853 half-dozen,480 411,368 four,617,543
WLC-047 107.3 six.2 73.half-dozen iii,116 7,260 411,671 iv,617,536
WLC-048 122.six 15.8 73.three three,025 half-dozen,330 411,827 4,617,478
WLC-049 115.v nine.7 75.2 3,136 5,960 411,979 4,617,539
WLC-050 154.vi 36.vi 79.6 2,926 6,700 412,037 4,617,357
WLC-051 136.three 36.six 56.0 2,592 5,150 412,294 iv,618,115
WLC-052 126.2 17.iv 68.0 2,985 vii,710 412,109 4,618,123
WLC-053 121.1 24.one 79.5 three,014 vi,350 412,478 4,617,805
WLC-054 87.five 9.iv 20.4 2,605 iv,620 412,427 4,617,977
WLC-055 124.1 23.five 77.6 2,823 6,140 412,311 4,617,718
WLC-056 139.four 35.7 75.7 ii,892 six,400 412,289 4,617,535
WLC-057 273.5 11.ane 91.4 ii,978 7,570 412,820 four,617,622
WLC-058 737.0 7.2 100.6 two,739 v,690 412,229 4,617,131
WLC-059 142.4 7.0 79.5 2,903 vii,220 412,460 4,617,617
WLC-060 145.5 22.nine 71.six two,787 vii,030 412,461 4,617,437
WLC-061 157.vi 8.iii 82.half dozen two,810 half-dozen,420 412,286 4,617,360
WLC-062 63.nine eight.3 49.2 three,617 seven,550 411,389 4,617,985
WLC-063 91.vi 3.ane 66.3 iii,263 half dozen,920 411,358 4,618,181
WLC-064 114.9 13.9 66.7 3,172 6,120 411,334 iv,618,372
WLC-065 108.viii 20.5 72.3 3,260 6,380 411,183 4,618,104
WLC-066 82.ix iii.vii 63.2 3,050 5,880 411,198 iv,618,286
WLC-067 108.2 xiv.three 70.nine 2,922 half-dozen,290 410,748 iv,618,141
WLC-068 132.4 28.v 66.1 2,665 5,340 411,195 4,617,490
WLC-069 136.three 26.7 73.i 2,964 6,990 411,506 4,617,450
WLC-070 153.8 two.vi 79.5 2,788 six,660 411,692 four,617,352
WLC-071 130.2 4.ane 74.7 3,074 half dozen,380 411,781 iv,618,383
WLC-072 145.iv 74.4 46.3 iii,112 six,080 411,939 four,618,326
WLC-073 151.4 43.7 59.0 2,865 five,840 412,122 iv,618,495
WLC-074 106.1 35.seven 2.9 1,765 2,080 412,432 4,618,339
WLC-075 96.0 9.five 64.0 3,015 5,820 411,138 4,618,434
WLC-076 125.6 4.viii seventy.9 2,914 5,030 410,969 iv,618,483
WLC-077 122.6 4.3 73.6 2,941 5,820 411,243 iv,618,580
WLC-078 90.i 12.0 68.4 3,112 7,030 411,010 4,618,306
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WLC-080 113.5 2.three 69.4 2,923 iv,850 411,063 4,618,643
WLC-081 90.0 11.0 59.1 3,350 half-dozen,070 410,980 4,618,129
WLC-082 98.1 23.ii 61.viii 3,322 half-dozen,920 410,639 4,618,298
WLC-083 136.iii 8.two fourscore.0 iii,005 6,560 410,428 4,618,488
WLC-084 89.1 12.0 59.0 3,073 5,710 410,825 4,618,291
WLC-085 61.2 6.7 47.ii three,498 half dozen,690 410,054 4,618,498
WLC-086 102.vii 26.5 62.0 3,291 7,090 410,430 4,618,304
WLC-087 134.i 21.six 71.ii 3,134 five,700 410,414 4,618,660
WLC-088 125.ane 6.5 76.0 iii,077 v,630 410,591 iv,618,480
WLC-089 142.4 35.5 67.3 2,850 4,730 410,601 iv,618,635
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WLC-093 57.0 3.2 20.four 2,732 5,510 411,178 4,617,786
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WLC-099 71.8 6.1 49.3 ii,808 5,960 411,323 four,618,052
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WLC-101 117.9 21.0 76.2 iii,118 7,060 411,252 four,618,110
WLC-102 69.2 7.8 53.3 3,127 vi,260 411,371 iv,617,876
WLC-103 90.5 15.2 63.3 iii,436 six,990 411,071 four,618,110
WLC-104 75.iii v.7 53.vii iii,185 6,350 411,370 4,617,811
WLC-105 98.ii sixteen.six 66.v 3,392 7,640 411,135 4,618,168
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WLC-107 89.0 six.0 64.three 3,377 6,240 411,135 4,618,288
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WLC-110 119.5 17.2 71.2 3,164 6,870 411,137 4,618,049
WLC-111 73.8 4.9 57.ii 3,219 six,880 411,312 iv,618,232
WLC-112 57.0 v.half dozen 38.5 3,556 7,420 411,189 4,617,991
WLC-113 77.vii 8.7 62.1 3,510 half-dozen,780 411,378 4,618,228
WLC-114 60.one 5.3 47.2 iii,727 7,030 411,249 four,617,989
WLC-115 85.3 7.iv 67.0 three,303 seven,710 411,312 4,618,167
WLC-116 101.1 11.4 69.eight 3,220 7,230 411,315 four,618,109
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WLC-119 27.seven 4.1 sixteen.five 2,732 4,400 411,189 four,617,931
WLC-120 25.0 2.5 xiv.7 iii,338 iv,940 411,125 4,617,932
WLC-121 22.0 1.seven eleven.6 3,345 four,600 411,073 4,617,936
WLC-122 34.1 ii.0 16.iv ii,666 4,730 411,250 four,617,877
WLC-123 58.6 8.two 39.7 3,586 6,370 411,439 4,618,119
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WLC-125 46.iv 0.three 37.0 three,324 8,540 411,075 4,617,991
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WLC-127 49.four ane.5 40.6 3,644 6,970 411,010 4,617,990
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WLC-129 90.7 x.6 65.five three,251 7,250 411,008 4,618,047
WLC-130 61.half dozen 7.8 49.one 3,665 6,670 411,501 4,618,056
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WLC-132 69.2 9.4 50.8 three,426 6,110 411,495 four,617,998
WLC-133 69.2 5.six 50.four three,839 6,390 411,437 4,617,984
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WLC-136 38.4 2.3 xxx.1 three,232 6,720 411,132 4,617,987
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WLC-138 64.7 eight.5 50.0 3,419 seven,400 411,440 4,617,872
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WLC-140 92.i 9.vii 66.vii three,403 8,850 411,494 4,617,875
WLC-141 72.2 vi.7 57.7 3,517 vi,820 411,567 four,617,993
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WLC-143 67.7 6.9 48.0 3,329 6,200 411,566 4,618,050
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WLC-145 88.9 6.v 66.5 three,389 6,240 411,127 4,618,401
WLC-146 93.vi 14.6 64.v iii,137 6,580 411,009 4,618,230
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WLC-148 89.6 nine.8 67.4 3,361 7,230 411,074 4,618,290
WLC-149 88.9 13.1 60.7 3,274 six,350 411,016 four,618,420
WLC-150 78.4 2.8 57.9 3,461 7,150 411,131 four,618,354
WLC-151 92.1 9.3 68.ix 3,279 7,780 411,071 iv,618,361
WLC-152 55.8 7.8 37.seven iii,840 half dozen,970 411,563 4,618,119
WLC-153 88.1 ix.8 67.8 3,378 6,680 411,009 4,618,362
WLC-154 51.0 10.4 33.8 3,542 6,040 411,619 4,618,108
WLC-155 67.7 5.ii 53.ix three,354 6,630 411,622 4,618,058
WLC-156 61.0 iv.7 46.4 2,960 vi,240 411,690 4,618,112
WLC-157 xl.2 3.7 21.5 3,394 six,030 411,319 iv,617,869
WLC-158 55.4 5.9 43.7 3,658 half dozen,860 411,564 4,618,155
WLC-159 76.8 seven.7 59.2 3,317 five,900 411,749 4,618,048
WLC-160 70.8 9.five 53.four 3,317 7,090 411,761 4,618,109
WLC-161 82.9 6.3 57.2 3,167 7,010 411,814 iv,618,050
WLC-162 71.2 9.8 49.8 3,380 7,430 411,813 4,618,105
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WLC-164 104.2 9.9 61.4 3,165 seven,260 411,875 four,617,990
WLC-165 70.7 5.5 61.ane 3,224 seven,390 411,748 four,617,868
WLC-166 89.0 9.4 58.v three,164 half dozen,360 411,811 four,617,999
WLC-167 104.iii 8.1 73.9 iii,296 8,360 411,748 4,617,802
WLC-168 87.5 4.6 64.7 3,139 6,870 411,746 4,617,990
WLC-169 104.3 7.7 75.four 3,229 7,600 411,749 4,617,748
WLC-170 79.9 9.one 55.ix 3,326 seven,140 411,685 iv,617,986
WLC-171 95.2 9.0 70.v 3,328 7,850 411,685 4,617,744
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WLC-174 83.0 6.half-dozen 59.6 3,379 eight,070 411,690 4,617,929
WLC-175 86.0 6.7 59.0 three,362 7,230 411,497 four,617,743
WLC-176 82.9 6.7 65.9 three,258 6,910 411,629 4,617,933
WLC-177 88.8 5.three 71.2 iii,292 half dozen,900 411,501 4,617,814
WLC-178 87.5 4.5 73.nine 3,065 half-dozen,730 411,627 4,617,875
WLC-179 92.ane 11.7 64.9 iii,413 half-dozen,980 411,620 four,617,808
WLC-180 140.ix vii.6 79.7 3,206 half-dozen,260 413,412 four,617,807
WLC-181 thirty.vii xix.0 1.5 1,570 i,570 412,811 4,618,200
WLC-182 xxx.5 23.3 7.2 418 660 412,818 4,618,546
WLC-183 30.5 17.8 7.i 1,992 2,350 413,414 4,617,430
WLC-184 37.2 13.iv vii.five two,288 2,670 411,443 iv,617,292
WLC-185 95.0 30.two 1.1 1,740 1,740 413,407 4,618,532
WLC-186 86.0 two.i 62.0 3,253 7,760 411,253 4,618,319
WLC-187 101.iii viii.0 59.ix 3,349 7,080 411,554 4,617,742
WLC-188 63.2 8.8 47.8 3,565 half dozen,810 411,435 4,618,220
WLC-189 97.0 nine.6 69.9 3,267 7,070 411,561 4,617,808
WLC-190 74.5 five.ane 59.0 3,281 6,130 411,192 4,618,354
WLC-191 98.2 5.8 68.one iii,369 7,300 411,558 4,617,864
WLC-192 92.1 7.eight 61.1 3,229 6,200 411,251 iv,618,229
WLC-193 104.three 12.2 69.8 iii,200 7,200 411,617 iv,617,751
WLC-194 110.3 12.ane 69.3 three,491 7,730 411,250 iv,618,170
WLC-195 lxx.7 5.8 44.9 3,559 7,380 411,363 four,618,053
WLC-196 116.4 14.7 72.1 3,470 seven,270 411,180 4,618,169
WLC-197 92.iv iii.v 62.6 iii,200 6,790 410,397 4,618,123
WLC-198 79.8 13.viii 45.8 iii,155 6,480 411,247 4,618,045
WLC-199 115.7 15.9 69.9 3,381 eight,160 410,412 iv,618,187
WLC-200 73.viii 2.3 29.0 3,476 half dozen,670 410,649 iv,617,482
WLC-201 61.six 2.viii 42.1 3,373 half-dozen,120 409,939 4,618,572
WLC-202 61.6 8.9 31.half-dozen three,869 7,250 409,614 4,618,640
WLC-203 131.5 11.5 63.0 three,235 7,010 410,242 iv,618,324
WLC-204 113.0 0.0 76.five three,020 6,550 410,283 four,618,187
WLC-205 124.ane 18.ii 64.3 three,156 6,700 410,096 4,618,649
WLC-206 104.2 3.v 63.5 3,037 5,640 410,237 4,618,667
WLC-207 123.6 31.5 72.3 3,309 6,940 410,251 4,618,509
WLC-208 69.2 14.2 30.5 3,687 6,190 409,762 four,618,613
WLC-209 xviii.four 4.9 7.2 two,864 3,650 412,299 4,617,945
WLC-210 18.3 5.2 6.iv 2,564 iii,860 412,282 4,617,941
WLC-211 eighteen.iii 4.iii v.two 2,855 3,320 412,267 4,617,938
WLC-212 18.3 five.2 5.5 2,679 3,720 412,237 iv,617,932
WLC-213 xviii.4 viii.5 4.1 two,685 2,980 412,222 4,617,928
WLC-214 18.3 ten.5 four.4 two,669 ii,960 412,207 4,617,926
WLC-215 18.3 13.3 2.0 ii,782 3,070 411,997 4,617,901
WLC-218 18.iii 6.7 one.five 2,718 2,820 411,440 4,617,857
WLC-219 18.three 6.vii i.5 2,860 2,860 411,439 4,617,888
WLC-220 xviii.3 8.eight 2.4 3,161 three,700 411,439 4,617,903
WLC-221 18.3 8.8 2.7 2,679 2,690 411,440 4,617,916
WLC-222 18.three 9.8 2.one three,038 3,300 411,458 4,617,932
WLC-223 eighteen.3 6.7 3.2 2,622 ii,900 411,473 4,617,932
WLC-224 18.3 8.v 1.four 2,870 2,920 411,486 four,617,933
WLC-225 eighteen.3 vii.0 iv.6 two,286 2,580 411,493 4,617,860
WLC-226 eighteen.three vii.3 two.iii 2,709 two,760 411,497 4,617,889
WLC-227 eighteen.3 viii.2 iv.0 2,820 ii,940 411,498 iv,617,904
WLC-228 18.three 8.2 four.3 two,885 iii,320 411,500 four,617,918
WLC-229 eighteen.3 eight.2 2.iii 2,884 3,370 411,517 four,617,934
WLC-230 18.three 9.5 ane.eight iii,310 3,590 411,543 4,617,915
WLC-231 18.three 11.three 3.4 2,976 three,180 411,547 four,617,899
WLC-232 eighteen.three half-dozen.1 2.nine 2,929 iii,680 411,554 4,617,880

Notes:

  1. Holes drilled but not assayed include: LNC-049 through LNC-056, LNC-086, LNC-129, WLC-038, WLC-039, WLC-216, WLC-217. These holes were assigned null values and therefore non used in the Mineral Resource estimation.
  2. Holes with no intercepts above the cut-off form of ane,334 ppm Li were primarily drilled into volcanic stone. These holes are used in the Mineral Resource estimation: LNC-005, LNC-006, LNC-007, LNC-095, LNC-103, LNC-110, LNC-119, LNC-127, LNC-132, LNC-138, WLC-019, and WLC-182.
  3. Holes removed from use in estimation due to twinned drilling include: LNC-002, LNC-012, LNC-110, LNC-081, WLC-040, WLC-076 and WLC-183.
  4. All holes except WLC-058 and LNC-083 are drilled vertically (WLC-058 Az:180º Dip:-70º, LNC-083 Az:180º Dip:-60º)
  5. The resource mineralization is sub-horizontal and interval thickness represent true thickness.
  6. Boilerplate Lithium grades shown represent true averages with no loftier-grade nugget or vein result from short high grade intervals.