New CIM NI 43-101 Lithium Reserve Estimation Guideline Falls Short - TRU Will Propose Best Practice Corrections at the Lithium Conference in Las Vegas
Lithium consultants TRUGroup Inc says that the "Best Practice Guidelines" for Lithium Brine reserve estimation are deficient and could lead to substantial overestimation of lithium resources, if applied. The guidelines recommend a manner for estimating brine resources and reserves that would include both potential brine producing aquifers with extractable lithium along with associated low permeability sediments, which may contain brine that is not extractable by economic means. Such sediments should be excluded from any resource estimate.
The "CIM Best ...



