The Company controls and can earn up to a 90% working interest, in the Salar del Diablo Lithium Project in Baja California Norte, Mexico, approximately 80 miles south of the U.S. border. The project covers a salar that’s 75,000 hectares or 290 sq. miles. Twenty-four surface samples assayed an average of 74 parts per million lithium across 70 miles. After additional geochemical and geophysical testing, the Company plans to drill-test Salar del Diablo targets this March.
The Company’s lead geologist, John Hiner, discovered Salar del Diablo and directs the Company’s exploration. Mr. Hiner is a leading lithium explorationist since 2009. Previously he participated in eight discoveries – five of which have become mines.
One World Lithium also has the right to purchase a 100% property interest in the high-grade silver and gold property in northwest New Mexico. Several mines produced 305,000 oz. gold and 17 million oz. silver and stopped in ore. The Mogollon Mine has the potential to host more than 100,000,000 oz. of silver and 1,000,000 oz. of gold.
Legal: Clark Wilson, LLP
Auditor: BDO Canada LLP
Transfer Agent: Computershare
Bank: Bank of Montreal