Orocobre Limited (Orocobre) is an Australia-based exploration company. Orocobre has a portfolio of prospective exploration tenements in Argentina. Additionally, the Company has an exploration license application in Laos. The Argentinean projects are a lithium salar (salt lake) and three prospective copper/gold silver projects. The Olaroz Lithium Project consists of 7,600 hectares of tenements (cateo’s) over a salar (salt lake) known to contain lithium in brine. On February 28, 2008, the Company has entered into an agreement to acquire gold project, Marayes, located approximately 20 kilometers south of its Santo Domingo Copper-Gold porphyry project area in San Juan province, Argentina.