12 DE ENERO 2010, 19:50

Rojas & Asociados gets key contract in lithium exploration

MENDOZA, ARGENTINA. January 12, 2010. Rojas & Asociados is proud to announce that it has been hired by Li3 Energy, Inc. (OTCBB: LIEG), a new US firm focused in lithium brine mining and energy, to act as their project manager and conduct exploration in Argentina, Chile and Peru.

Rojas & Asociados - Consultores MinerosMENDOZA, ARGENTINA. January 12, 2010. Rojas & Asociados is proud to announce that it has been hired by Li3 Energy, Inc. (OTCBB: LIEG), a new US firm focused in lithium brine mining and energy, to act as their project manager and conduct exploration in Argentina, Chile and Peru.

Luis Saenz, Chief Executive Officer of Li3 Energy, stated: “We are very pleased to be working with Rojas & Asociados. Their extensive lithium exploration experience will enable us to expedite our comprehensive multi-phased exploration program aimed at evaluating 15 strategically located lithium properties encompassing approximately 200,000 acres. The program will consist of sampling, geophysics and drilling culminating in preliminary economic assessments of priority targets by the end of Q-4 of this year.” The lithium market today is growing, as demand is expect to grow at a fast rate primarily due to increasing worldwide consumption. In that context, the objective of Li3 is to assume a world leader position in the near future by acquiring a significant portfolio of South American lithium brines. Nivaldo Rojas, President of Rojas & Asociados, stated: “We are very pleased to welcome a new exploration company to Latin America, and particularly to Argentina, our home. Pursuant to Rojas & Asociados’ business model, mainly focused on juniors which look for entering the region, we understand that the support to the development and growth of the mining sector is our contribution to the activity, and we believe that a solid, visionary company as Li3 Energy will be most notable in the next years“. Rojas & Asociados has a remarkable list of clients, which include mainly Canadian mining companies such as Silver Standard Resources and Minera Andes, and top suppliers to the sector like Boart Longyear and Georg Fischer.

About Rojas & Asociados: Rojas & Asociados is an innovative mining consulting firm focused on the Latin American market. Its expertise in mining, marketing and management allow them to provide comprehensive professional services to the mining sector, mainly mining companies from Canada, Australia and the US. The firm provides strategic advice on exploration management, generative exploration, negotiation, public relations, provincial political and social situation, among others. Additionally, Rojas co-organizes the premier event of the Argentinean mining sector, the Argentina Mining International Convention, carried out biennially since 1996. About Li3 Energy: Li3 Energy, Inc. is an early stage, U.S. public company currently pursuing a business strategy in the lithium brine mining and energy sector in the Americas, with an initial focus on identifying and acquiring opportunities in Peru, Argentina, Chile and the United States. Li3 Energy aims to acquire a significant portfolio of lithium brine deposits in the Americas for the purpose of development and production in order to meet growing market demand and to support the clean energy and green energy initiatives being implemented globally.

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