Canadian energy exploration and development company Standard Lithium (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) is looking in to a potentially resource-rich area of Southern Arkansas. The company believes the area could be a large source of lithium. An article discussing the company reads: “Standard Lithium, which considers part of its mission to minimize resource and political risks in its exploration efforts, considers the 33,000 acres of Smackover Formation brine leases it signed an option agreement for this month to be fertile ground, given the area’s long history of brine production; significant existing infrastructure; access to roads, power and water; and the trained workforce in the region, as well as its existing brine extraction, processing and re-injection permitting regime.”
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About Standard Lithium Ltd.
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 33,000 acres of brine leases located in the Smackover Formation. For more information, visit http://nnw.fm/standardlithium.
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