High Quality Lithium Portfolio, Strong Board, Clear Strategy & Vision
A South American Lithium brine focused exploration and development company with the technical expertise and experience to become a significant new producer of Lithium Carbonate and Lithium Hydroxide products in Argentina
The Pacha Project is Centaur Resources’ flagship project located in the Salta Province, Argentina at the Salar Pastos Grandes, adjacent to properties owned by Millennial Lithium, LSC Corporation and Orocobre.
Centaur has entered into agreements to acquire a 100% interest in the project from 5 project vendors comprising of 11,360 hectares located in the Pastos Grandes basin. Several of these agreements have closed, with the remaining to do so before theCompany IPO’s on the Australian Stock Exchange.
In the Pastos Grandes salar, exploration activities by Millennial Lithium have confirmed the extension of lithium brine throughoutthe central and peripheral portions of the salar. A drill hole intersected an upper brine horizon grading 523 milligrams/litre (mg/L)lithium (Li) over 33 metres (27.5m to 60.5m) and more importantly a robust brine horizon averaging a lithium grade of 545 mg/Lfrom 381.7 m to 593 m.
There is significant geological evidence that lithium-rich brine exceeds the 3,000ha surface area of the Pastos Grandes salar andis likely to be hosted in porous sedimentary rock of quaternary age (Blanca Lila) and tertiary (Sijes formation and other Mioceneunits); these out crops are present throughout the Pastos Grandes, Centenario and Pozuelos salars.