Monday, 17 September 2012

Rodinia Lithium strengthens ties to Salta, Argentina with appointment of new board member

Rodinia Lithium (CVE:RM) announced the new appointment of commercial lawyer Rodrigo Javier de la Serna to its board of directors, the company said Thursday. 
The Toronto-based lithium mineral explorer said Serna will be key in offering legal, financial and strategic guidance to the company.
Serna replaces David Stein, who tendered his resignation from the board on September 4, but agreed to remain with Rodinia on an advisory basis. 
Serna has practiced law in Salta, Argentina for over 10 years. He acted as legal advisor for the Government of Salta Province, while playing a part in the creation of Recursos Energeticos y Mineros S.A. (Remsa), a state run company.
Remsa was created in May 2008 to explore and develop mineral properties, with a focus on renewable energy sources.  The state-run company now controls the natural gas supply in the Puna region and plays an active role in mining within the Salta Province.
Serna has since become involved with various mining enterprises and has successfully helped finance, commercialize and develop a number of projects, Rodinia noted. 
"We are extremely pleased to welcome Mr. de la Serna to the board, adding a vital presence in Salta through his distinguished status within the community," chief executive William Randall said in a statement. 
"Mr. de la Serna will bring a wealth of experience to the board as we develop the Salar de Diablillos through to commercial production."
Rodinia Lithium is a Canadian mineral exploration and development company with a primary focus on lithium exploration and development in North and South America. 
Its lithium-brine project in Salta, named Salar de Diablillos, contains a recoverable resource of 2.82 million tonnes of lithium and 11.27 million tonnes potassium chloride. 
The company is also actively exploring the commercialization of a significant potash product that is expected to be recoverable through the lithium harvesting process.
Throughout 2012, Rodinia plans to focus on continuing developing the Diablillos project by completing additional drilling and advancing it through to a feasibility study.
The company also holds 100 per cent mineral rights to 70,000 acres in Nevada's lithium-rich Clayton Valley in Esmeralda County.

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