DLE technology ideally suited (subject to further testwork) to process Lithium brine at our currently reported grades. Lithium Bank Resources is developing Boarwalk lithium brine (oilfield) deposit in Canada, has advanced to a PEA on an average concentration of 67.1 mg/l of lithium and carries a MC of C$52.8M.
Anson Resources (ASN) is also developing a similar style deposit in Utah, in 2021 the Paradox Basin Project was targeting a grade of 80-140 ppm lithium in brine using DLE technology. ASN is now a well advanced project with a MC of $100M.
Am researching additional peer group members, to follow. We are extremely undervalued.
Ann: Drilling indicate increased Li Grade at Bitterwasser brines, page-3
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