NetworkNewsWire Announces Publication Discussing Investment Opportunities in Lithium
New York, New York--(Newsfile Corp. - October 30, 2017) - NetworkNewsWire ("NNW"), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring Standard Lithium Ltd. (TSXV: SLL) (FSE: 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, "How Lithium is Driving the Global Push to End Gas-Powered Vehicles," highlights the lithium producers and prospective miners ready to meet the growing global demand for lithium assets.
To view the full publication, visit: https://www.networknewswire.com/lithium-driving-global-push-end-gas-powered-vehicles/
"The permitted mining partner at Bristol Lake is National Chloride Corporation of America (NCCA), a well-established and permitted brine producer. NCCA's presence at the site means that all of the necessary infrastructure is in place to give Standard Lithium immediate access to conduct exploration brine sampling, lithium extraction, evaporation and processing activities, all within a fast-track project development schedule. Importantly, it also means that Standard Lithium reduces much of the exploration risks to which junior mining companies are typically exposed.
"To improve the quality assurance standards necessary to produce battery-grade lithium compounds, Standard Lithium has appointed a Scientific Advisory Council (SAC) comprised of lithium extraction scientists and process engineers who will oversee and direct all required lithium extraction testing. In addition to the Bristol Lake Brine Project, Standard Lithium in August signed a Memorandum of Understanding with an unnamed NYSE-listed company on an option for Standard Lithium to acquire lithium exploration and productions rights on 30,000 net brine acres overlying the Smackover formation in a region with a history of commercial-scale brine processing. Management said it believes that lithium-bearing brines are likely present in this area. Smackover brines are metal-rich brine anomalies in reservoir rocks along the Gulf Coast from east Texas to Florida that are known to be a prime lithium resource. This asset may be one of the most promising to develop, given that a large-scale brine extraction, processing and re-injection industry is already well established."
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.
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Forward-Looking Statements
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.
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