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Salar de Maricunga | Salar Azul Concessions

Salar de Maricunga | Salar Azul Concessions


Overview:

  • Area: The concessions span an impressive area of approximately 5,425 hectares, equivalent to about 13,405 acres.
  • Number of Licenses: Boasting 72 mining belongings, the concessions are vast and diversified.
  • Location: Strategically situated in the Copiapo Commune, within the renowned Region of Atacama, Chile.

Legal Status:

  • Legality: The concessions proudly stand registered at Copiapo’s Mining Conservator. Rest assured, all paperwork is meticulous and in prime order.
  • Patents Taxes: All due taxes have been responsibly and timely paid.

Estimated Mineral Content:

Insights from the latest CODELCO drillings in Maricunga in 2022 and 2023 -immediately next or inside the concessions areas- reveal:

  • Samples: A total of 132 samples were diligently extracted by geologists for lab analysis.
  • Number of Wells: The samples were collected from 10 strategically chosen wells.
  • Drilled Length: An extensive ≈2,368 m (or an impressive ≈7,770 ft.) were drilled.
  • Maximum Depths: The drillings reached profound depths, with some exceeding 400 m or approximately 1,310 ft.

Laboratory Analysis Results:

  • Lithium Concentration:
    • Range: From 517 ppm, scaling up to 1,787 ppm.
    • Statistics: An average concentration of 1,073 ppm and a median of 978 ppm.
  • Potassium Content: The brine exhibits a rich potassium content, gauged at 8,500 ppm.

Global Ranking:

In 2023, CODELCO's geological sampling reinforced the acclaim that the Salar de Maricunga salt field is globally revered, ranking as the second-best in lithium content. It stands surpassed only by the iconic Salar de Atacama.


Composition Ratios: