Ann: Completion of First Hole at the Formentera Lithium Project, page-2

Announcement looks decent..

Phil Thomas, Executive Chairman commented “this is one of the most impressive wells Ihave seen in my twenty one years of drilling in Argentina salars. The fact we haveencountered an 80m deep unit of porous sands with a gravel aquifer at the bottom issensational for pumping brines. The fact that the specific gravity of the brine goes from1.10gm/cm3 to over 1.19 gm/cm3 means the brine is getting heavier and hopefully fullof lithium. Receiving the assays from both laboratories is going to be exciting as high SGis a good indicator.”