NI 43-101 report
Bearing Lithium Corp.’s primary asset is a free-carried 17.7% interest in the Maricunga lithium brine project in Chile. The Maricunga project represents one of the highest-grade lithium brine salars globally and the only pre-production project in Chile. Over US$30 million has been invested in the project to date and all expenditures through 2018, including the delivery of a Pre-Feasibility Study in Q4/17 and a Definitive Feasibility Study in H1/18, are fully-funded by their earn-in joint-venture partner.
Bearing holds an interest in a gold project, the HY/Jay project located in the Upper Hyland River area of eastern Yukon in a belt that hosts several high-grade gold vein occurrences, including the 3Ace property currently being explored by Golden Predator Mining Corp. The Hy/Jay project is currently under option to Golden Predator Mining Corp.
Bearing holds an interest in the Fish Lake Valley lithium project located in Esmerelda Country, Nevada. The property is comprised of 1,620 acres and are wholly-owned and unencumbered by royalties or property payments. The Fish Lake Valley project is currently under option to First Division Ventures Inc.