Saturday, March 29, 2008

Europe

Pegmatites:

The Koralpa deposit located 20 km west of Wolfsburg in Austria, has been explored to a depth of 450 metres and contains approximately 100,000 tonnes Li.

In Finland, the Larritta deposit contains sufficient ore to allow the production of 6,000 tpa carbonate for 15 years with plant construction scheduled for 2008. The reserve is roughly estimated at 14,000 tonnes Li.

The property is owned by Keliber Resources in which Nordic Resources has a 60% interest.

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