Orocobre Limited: Amendment to Salinas Grandes Technical Report (NI 43-101)
April 16, 2012
BRISBANE, AUSTRALIA -- (Marketwired) -- 08/23/13 -- Orocobre Limited
As a result of a review by staff of the Ontario Securities Commission
(OSC), we are issuing the following news release regarding our
disclosure in relation to the Salinas Grandes project.
The April 16, 2012 technical report on the Salinas Grandes lithium
project in Argentina was recently reviewed by the OSC as part of a
review of 43-101F1 Technical Reports and found to require the
1. Mr Peter Ehren now takes responsibility for Item 15 of the
Technical Report in place of Mr Murray Brooker with Mr Brooker
responsible for all other sections.
2. The following paragraph on page 2 of the Technical Report has been
"In preparing a technical report of this nature multiple technical
disciplines are required, including mineral processing in addition to
geological and hydrogeological expertise provided by the author.
Mineral processing and metallurgical testing expertise and statements
in section 15 of this report was provided by Peter Ehren, who is a
consulting mineral processing engineer with significant experience in
brine deposits. Review of the material prepared by Peter Ehren was
undertaken by Mr. Brooker. However, it is acknowledged that Mr.
Brooker is not an expert in mineral processing".
The paragraph removed has been replaced with the following:
"Mr Peter Ehren (MAusIMM) is a consulting mineral processing engineer
with significant experience in lithium brine deposits. He has acted as
a consultant on the company's Olaroz and Cauchari lithium projects as
well as consulting extensively for other clients. Mr Ehren is
responsible for the mineral processing and metallurgical testing
statements in section 15 of this report".
3. Appendix 1, drill logs for diamond and auger drilling has been
4. References to Appendix 1 on pages iii, 66 and 68 have been
5. The revised QP consents have been refiled on SEDAR refer
effective date and the amended date of the Technical Report.
6. The amended Technical Report has been refiled on SEDAR.
The Company does not dispute the findings of the OSC and has made the
necessary amendments as listed above in order to make the Technical
Report compliant with the requirements of the OSC.
Neil Kaplan, Company Secretary
ABN 31 112 589 910
Business Development Manager
M: + 61 407 845 052
T: +61 7 3875 3985
M: +61 419 916 338
Press spacebar to pause and continue. Press esc to stop.