Lithium Brine Deposits: Challenges of Finding, Evaluating, and Reporting Mineral Resources

Author(s): 
Pablo Cortegoso
Date: 
Monday, February 25, 2019
First presented: 
SME 2019
Type: 
Presentation
Category: 
Project Evaluation
 
 
Mineral Resources form the foundation of exploration and mining company value with risk management serving as a critical function of business decision making. Mineral Resources are converted to Reserves, Reserves are the basis for the mine plan, while the mine plan is the centerpiece of the business plan. A central responsibility of mining company Boards and Executive management teams is managing the inherent risky nature of Mineral Resources. Due to the dynamic nature of the business and the varying levels of technical staff experience, assurance can be challenging.
 
Through effective internal validation, reviews, and systems, coupled with external auditing, Mineral Resource risk can be understood and managed. Documented programs and a transparent assurance program are key for company Boards to communicate adequate risk management of Mineral Resources to investors and stakeholders.

Feature Author

Pablo Cortegoso
Pablo Cortegoso is a Civil Engineer with over 8 years of experience in civil and mining projects; specializing in lithium brine projects. His main areas of focus are surface water hydrology and modeling, project management, design and implementation of field programs and data collection and analysis for hydrogeological and geotechnical studies. Mr. Cortegoso has extensive experience in hydrogeological field programs, with an emphasis on lithium brine deposits, including well designs, packer testing and aquifer tests. Mr. Cortegoso expertise includes solar pond evaporation design, modeling and operation for lithium and potassium brine projects. Mr. Cortegoso has been a key member in the preparation and completion of Technical Due Diligences, Technical Reports (Mineral Resource and Reserve Statements), Preliminary Economic Assessments, Pre-Feasibility and Definitive Feasibility Studies in accordance with NI 43-101 and JORC Guidelines for lithium brine projects throughout Argentina, Chile, USA, UK and Botswana.

 

Lithium Project Development Specialist
MSc Civil Engineering
SRK Denver
SRK United Kingdom