Orocobre (ORE)

Shares / Stock Code

ORE

Stock Exchange / Sharemarket

Australian Securities Exchange

Orocobre (ORE) is a mineral explorer and producer with its activities centered on the development of lithium, potash and boron resources in Argentina. ORE’s project portfolio comprises Salar de Olaroz Project, Santo Domingo Project and South American Salars Project. Orocobre listed on the Australian Stock Exchange (ASX) on 4rth December, 2007.

The Salar de Olaroz (“Olaroz”) resource is the flagship lithium-potash project of the Company comprising 118 square kilometers of tenements over a salar (salt lake). The Project is situated in the Puna region of Jujuy, about 230 kilometers northwest of the capital city of Jujuy. As indicated by the inferred resources the Salar de Olaroz brine has capacity to produce over a long mine life, 15,000 tonnes per year of lithium carbonate along with having the expansion potential. ORE is targeting co-production of about 35,000 tons of Potash from Salar de Olaroz brine in addition to evaluating the potential for boric acid production. ORE’s activities are currently focused at its Salar Project and it expects to complete its bankable feasibility study by the mid of 2010.

Orocobre’s Santo Domingo Project is situated in the San Juan Province and contains gold-copper-molybdenum resources. Its South American Salars Project is prospective of Potash, Borate, Lithium and Sodium Salts and consists of around 60,000 hectares of tenements on 10 salars in the provinces of Salta, Jujuy and Catamarca with many of these salars being exploited previously for borates and sodium sulphate. During fiscal 2009, ORE completed the drilling of 16 vertical cored holes (1136 meters) and six monitoring holes (360 meters).

Orocobre (ORE) Products and Services

  • Exploration projects
    • Copper
    • Lead
    • Lithium
    • Potash
    • Boron
    • Gold
    • Molybdenum
    • Silver
    • Zinc

Orocobre (ORE) Locations and Subsidiaries

Orocobre Head Office
Level 1,349 Coronation Drive
Milton, QLD, Australia, 4064
Phone: (07) 3871 3985
Fax: (07) 3720 8988
Email: mail@orocobre.com.au

Trading Names

Orocobre Limited

Other Orocobre Details

Orocobre Year Established: 2005
ACN: 112 589 910
D-U-N-S: 753350917
ABN: 31112589910

Orocobre (ORE) Share Price

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Submitted by ASX Listed Company on 13 September, 2009 - 06:49

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