RM Makes Great Impressions

JON HYKAWY, Byron Capital Markets (03/01/2010)
"Auger drilling on Salar de Diablillos in Argentina has yielded 858 mg/l lithium, 730 mg/l boron, 9,480 mg/l potassium and a magnesium-to-lithium ratio of 2.57. . .The samples were taken by drilling to at least three meters depth, where possible, penetrating a clay layer. . .It should be noted that 4" casing was pushed into the drill holes, any water present was then pumped out and the hole was allowed to refill from brines below prior to samples being taken.

The higher lithium concentrations found at Diablillos suggest the potential for higher levels of production than we had originally forecast. The lower Mg:Li ratio implies lower costs. . .These sampling results are highly encouraging. We were very impressed with our recent visit to Salar de Diablillos, and view Rodinia's sole claims on this property as critical to proper stewardship of what is increasingly appearing to be a superior lithium property."

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