Item 2. Properties
Item
2. Properties.
Lithium
Projects
Our
lithium projects are listed in the following table.
Mineral
Name
Location in Brazil
Aggregate Mineral Rights Area
Lithium
Minas Gerais Lithium Project
State of Minas Gerais
468 km 2
Lithium
Other Brazil Lithium Project
States of Paraíba, Rio Grande do Norte, and Tocantins
71 km 2
With
respect to the Minas Gerais Lithium Project, our current exploration plan is:
●
to continue both our exploratory and resource-delineating drilling
campaigns to assess identified targets and to continue to estimate the size of our lithium-bearing mineral deposits;
●
to present a maiden resource report in accordance with the
standards set forth in Regulation S-K 1300, and to update such report as more drilling and data become available;
●
to continue exploratory drilling on new and existing target
areas with pegmatites which our field geologists have identified;
●
to continue careful geological map on foot of the mineral rights
landbank that we have for presence of additional pegmatites; and
●
to continue implementing the early-revenue strategy outlined
in our MD&A with the intention of progressing to production of the lithium concentrate, our designated commercial product, for sale.
With
respect to the Other Brazil Lithium Project, our exploration plan is currently being designed by our Chief Geology Officer.
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Other
Critical Minerals
Our
other critical minerals properties are listed in the following table.
Mineral(s)
Name
Location in Brazil
Aggregate Mineral Rights Area
Nickel
Nickel Properties
States of Goiás and Piauí
449 km 2
Copper
Copper Properties
States of Bahia and Piauí
251 km 2
Rare Earths
Rare Earths Properties
States of Bahia, Goiás, and Tocantins
121 km 2
Titanium
Titanium Properties
State of Minas Gerais
69 km 2
Graphite
Graphite Properties
State of Minas Gerais
39 km 2
With
respect to the critical mineral properties listed in the table above, we do not have
detailed exploration plans or budgets, as we have focused our attention and limited resources to date primarily toward our lithium exploration program.
Item
3. Legal Proceedings.
We
are not a party to any material legal proceedings.
Item
4. Mine Safety Disclosures.
Not
applicable.
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PART
II
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.