Almost old news now but here is Alset CEO's comment on the sale of the Wisa Lake project
Pie
Alset Energy Corp. (TSX-V: ION.V)(OTC: BNRJF)
Options Wisa Lake Lithium Project to
Ardiden Limited and Appoints New CFO
Alset Energy Corp. announced an option agreement has been completed with Ardiden Limited for the Wisa Lake Lithium project.
The property is located 80km east of Fort Frances, Ontario and accessed by an all-weather road that connects to Hwy 11 (Trans Canada) to the north.
Historical work on the project delineated a good starting deposit with room for expansion and promising lithium grade (see Alset PR May 30, 2016).
Allan Barry Laboucan, President and CEO of Alset Energy, commented: With our focus on our Mexican salars, our board felt it would be better to option out the Wisa Lake Lithium project to get shareholder value. We are delighted that Ardiden sees the same potential on the project as we do. In addition to a historical resource that has never been cut off, the project also has a promising grade and excellent access infrastructure. As well there are untested geochemical anomalies near geological structures that are wide open for exploration. We look forward to Ardiden's efforts to advance the Wisa Lake Lithium project.
ADV Price at posting:
2.9¢ Sentiment: Buy Disclosure: Held
