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TECHNICAL REPORT on the POCITOS WEST PROJECT, Salta Province, Argentina

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TECHNICAL REPORT on the POCITOS WEST PROJECT, Salta Province, Argentina TECHNICAL REPORT on the POCITOS WEST PROJECT, Salta Province, Argentina Prepared for: Liberty One Lithium Corp. 1920 -1177 W Hastings Street Vancouver, BC, V6E 2K3, Canada Prepared by: Nivaldo Rojas Fellow AusIMM 227551 Guayaquil 265 –Barrio Arizu Godoy Cruz (5501)- Mendoza- Argentina EFFECTIVE DATE: June 22nd, 2017 TABLE OF CONTENTS 1. SUMMARY ........................................................................................................................................ 6 2. INTRODUCTION ................................................................................................................................ 9 3. RELIANCE ON OTHER EXPERTS ....................................................................................................... 10 4. PROPERTY LOCATION AND DESCRIPTION ...................................................................................... 11 4.1 Property Location ..................................................................................................................... 11 4.2 Property Description ................................................................................................................ 12 4.3 Type of Mineral Tenure ............................................................................................................ 14 4.4 Interest in Property .................................................................................................................. 15 4.5 Work Permitting ....................................................................................................................... 16 5. ACCESSIBILITY, CLIMATE, LOCAL RESOURCES, INFRASTRUCTURE AND PHYSIOGRAPHY .............. 17 5.1 Accessibility .............................................................................................................................. 17 5.2 Climate ..................................................................................................................................... 17 5.2.1 Meteorological Data Sources ......................................................................................................... 17 5.2.2 San Antonio de los Cobres Weather Station .................................................................................. 18 5.2.3 Hombre Muerto Weather Station .................................................................................................. 18 5.2.4 Pastos Grandes Weather Station .................................................................................................... 19 5.3 Local Resources ........................................................................................................................ 20 5.4 Infrastructure in the Region ..................................................................................................... 21 5.4.1 Road Connections ........................................................................................................................... 21 5.4.2 Electrical Power Connection ........................................................................................................... 21 5.4.3 Natural Gas ..................................................................................................................................... 21 5.4.4 Railway Antofagasta-Salta .............................................................................................................. 22 5.5 Physiography ............................................................................................................................ 22 5.5.1 Topography ..................................................................................................................................... 22 5.5.2 Air Quality ....................................................................................................................................... 24 5.6 Biosphere (Vegetation and Fauna) ........................................................................................... 24 5.6.1 Vegetation ...................................................................................................................................... 24 5.6.2 Fauna .............................................................................................................................................. 25 5.7 Hydrosphere ............................................................................................................................. 25 6. HISTORY .......................................................................................................................................... 27 7. GEOLOGICAL SETTING AND MINERALIZATION .............................................................................. 28 2 7.1 Regional Geology ...................................................................................................................... 28 7.2 Local Geology ........................................................................................................................... 29 7.2.1 Geomorphology .............................................................................................................................. 29 7.2.2 Geology ........................................................................................................................................... 31 8. DEPOSIT TYPES ............................................................................................................................... 36 9. EXPLORATION ................................................................................................................................. 37 9.1 Vertical Electrical Sounding Survey (VES) ................................................................................. 37 10. DRILLING & PUMPING TESTS ........................................................................................................ 39 11. SAMPLE PREPARATION, ANALYSES AND SECURITY .................................................................... 41 11.1 Sample preparation ................................................................................................................ 41 11.2 Sample Analyses ..................................................................................................................... 41 11.2.1 Laboratory Analytical Procedures for Drainable Porosity ............................................................ 41 11.2.2 Laboratory Analytical Procedures for Total Porosity .................................................................... 42 11.2.3 Laboratory Analytical Procedures for Brine Chemistry ................................................................ 43 11.3 Quality Control Results and Analyses..................................................................................... 44 12. DATA VERIFICATION ..................................................................................................................... 45 13. MINERAL PROCESSING AND METALLURGICAL TESTING .............................................................. 46 14. MINERAL RESOURCE ESTIMATES ................................................................................................. 47 15. MINERAL RESERVE ESTIMATES .................................................................................................... 48 16. MINING METHODS ....................................................................................................................... 49 17. RECOVERY METHODS ................................................................................................................... 50 18. PROJECT INFRASTRUCTURE .......................................................................................................... 51 19. MARKET STUDIES AND CONTRACTS ............................................................................................. 52 20. ENVIRONMENTAL STUDIES, PERMITTING AND SOCIAL OR COMMUNITES STUDIES .................. 53 21. CAPITAL AND OPERATING COSTS ................................................................................................ 54 22. ECONOMIC ANALYSIS .................................................................................................................. 55 23. ADJACENT PROPERTIES ................................................................................................................ 56 24. OTHER RELEVANT DATA AND INFORMATION .............................................................................. 59 25. INTERPRETATION AND CONCLUSIONS ......................................................................................... 60 26. RECOMMENDATIONS ................................................................................................................... 61 27. REFERENCES ................................................................................................................................ 63 27.1 References mentioned in the text. ........................................................................................ 63 27.2 General references not cited in text. ..................................................................................... 64 3 28. ABBREVIATIONS............................................................................................................................ 66 29. CERTIFICATE OF AUTHOR ............................................................................................................. 68 22. APPENDIXES .................................................................................................................................
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