Lithium Power International Ltd (ASX:LPI) has some major news pending and has entered an ASX trading halt in order for it to finalise its maiden JORC Resource for the Maricunga lithium brine project.
Maricunga is regarded as one of the highest quality undeveloped pre-production lithium brine projects globally.
Lithium Power recently secured a 32.5% share in the Maricunga joint venture.
The halt will remain in place until the opening of trade on Wednesday 12th July 2017, or earlier if an announcement is made to the market.