Lithium Corporation Drilling Commences at Fish Lake Valley
ELKO, NV / ACCESSWIRE / September 7, 2023 / Lithium Corporation (OTCQB:LTUM) ("LTUM" or "the Company"), a North American exploration mining company focused on energy metals for the growing energy storage sector and high-tech industries, wishes to …
ELKO, NV / ACCESSWIRE / September 7, 2023 / Lithium Corporation (OTCQB:LTUM) ("LTUM" or "the Company"), a North American exploration mining company focused on energy metals for the growing energy storage sector and high-tech industries, wishes to advise investors drilling has commenced at the Company's Fish Lake Valley prospect in Esmeralda County, Nevada.
Morella Corporation (ASX:1MC) (Morella), Lithium Corp.'s largest shareholder and Optionee on the prospect, has mobilized a reverse circulation drill to Northern Fish Lake and will "pre-collar" two 200 foot (61 meter) holes. These holes will be cased and cemented to depth to facilitate the later extension of the holes utilizing a core rig. Both holes are eventually slated to be drilled to 1200 feet (366 meters) to test the geophysical conductors at these separate and discrete locations on the east side of the playa, proximal to where boron/lithium enriched brine was produced in the 1800's to recover the boron content.
The drill campaign and earlier geophysical ground survey work are part of Morella's bid to earn an initial 60% interest in the Fish Lake Valley project. Morella is also the Optionee on Lithium Corporation's North Big Smoky Carvers prospect in Nye County, Nevada.
To view Morella's release for details with respect to the drilling plan please visit: https://wcsecure.weblink.com.au/pdf/1MC/02708184.pdf
Learn more about Lithium Corporation's complete portfolio of lithium, graphite, rare earth elements and titanium prospects: https://lithiumcorporation.com/projects/
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About Lithium Corporation
Nevada based mineral exploration company, Lithium Corporation is one of a handful of Project Generators in the critical minerals space in North America. The Company's dual operational focuses cover
exploration activities on several lithium prospects in Nevada, USA, as well as titanium/rare earth elements & graphite properties in British Columbia, Canada. Lithium Corp. has maintained a
strategic alliance with Morella Corporation (the Company's single largest shareholder) for the past nine years and, apart from the Fish Lake Valley agreement, also has a formal agreement with
Morella covering earn-ins on the Company's North Big Smoky lithium-in-brine prospect in Nye County, Nevada.