Announced in March 2010, Guayatoyoc is a high grade Potassium (K) discovery in the Puna Region of Northwest Argentina.

Pit sampling on the Guayatoyoc properties show Potassium grades averaging 4,635 mg/l K (ranging from 39 mg/l to 7,464mg/l K) over an area of 33,000 hectares. The site is located about 70km from the Company’s flagship Olaroz Project and adjacent to the high grade Salinas Grandes Lithium discovery.

Results from sampling at Guayatoyoc are summarised in the following table.

There are noticeable differences in the geochemistry relative to Salinas Grandes, with Guayatoyoc having much lower Lithium grades. However, the Potassium grades are high and potentially of economic interest. This potential is enhanced by proximity to the company's other project developments.