http://www.marketwire.com Marketwired en Copyright: (C) Marketwired 1 http://www.marketwire.com/rss/marketwire_logo.jpg http://www.marketwire.com
NEW YORK, NY–(Marketwired – Oct 6, 2017) – NetworkNewsWire (“NNW”), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring Standard Lithium Ltd. (TSX VENTURE: SLL) (FRANKFURT: S5L) (OTCQX: STLHF), a client of NNW that is building one of the largest portfolios of high quality, domestic U.S. lithium brine assets.
The publication, titled, “The Global Scramble for Lithium,” highlights companies that are ready to exploit the forecasted surge in the lithium market.
To view the full publication, visit: https://www.networknewswire.com/global-scramble-lithium/
“Standard Lithium Ltd. (TSXV: SLL) (FRA: S5L) (OTCQX: STLHF) is in the thick of the hunt for new lithium sources. The company is intensely focused on further exploration and the immediate development of its Bristol Dry Lake, Brine Project located in the Mojave region of California. With the signing of its mineral lease agreement with National Chloride Corporation of America — a Permitted Brine Producer — for the exploration of lithium, Standard Lithium’s Bristol Lake project now encompasses approximately 25,000 acres of placer mineral claims and private property. The company’s geophysics team recently concluded a comprehensive gravity survey over the entire basin, and initial interpretation of the data indicates that the basin is deep and expansive. Historical drilling and sampling to total depths of approximately 500 feet has produced brine samples with lithium values over 100 mg/L for the entire drilled interval.
“The strategic relationship with National Chloride, allows Standard Lithium immediate access to conduct exploration brine sampling and extraction, evaporation and processing activities, and enable a fast-tracked project development schedule. The project is in a friendly, clean energy development jurisdiction with proven near surface brines which provide for efficient geophysical exploration drilling programs. The company anticipates selective lithium recovery through a combination of membrane, chemical precipitation and solvent extraction. With a market cap of only $62 million, successful strategy execution could easily propel Standard Lithium to new heights as a significant low cost domestic producer of battery grade lithium materials.”
About Standard Lithium
Standard’s value creation strategy encompasses acquiring a diverse and highly prospective portfolio of large-scale domestic brine resources, led by an innovative and results-oriented management team with a strong focus on technical skills. The company is currently focused on the immediate exploration and development of the Bristol Dry Lake Lithium Project located in the Mojave region of San Bernardino County, California; the location has significant infrastructure in-place, with easy road and rail access, abundant electricity and water sources, and is already permitted for extensive brine extraction and processing activities. The company is also commencing resource evaluation on its 33,000 acres of lithium brine leases located in the Smackover Formation.
For more information, visit the company’s website at www.StandardLithium.com.
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
For more information please visit https://www.NetworkNewsWire.com
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.
Fri, 06 Oct 2017 12:30:00 GMT