In addition to the rights held at its Olaroz, Salinas Grandes, Cauchari and Guayatoyoc Projects, the Company (through South American Salars) holds rights to properties (or to applications for properties) at 10 other salars in the Salta, Catamarca and Jujuy Provinces in northern Argentina. The Company intends to further evaluate this project pipeline and to develop an overall portfolio analysis of such pipeline as further information is obtained. This effort may lead to additional sampling and evaluation, or to the disposition of properties to other parties.

The South American Salars represent approximately 60,000 hectares of tenements on 10 salars in the provinces of Salta, Jujuy and Catamarca. A number of these salars have been exploited in the past for Borates and Sodium Sulphate.