NEW YORK, Jan. 17, 2018 (GLOBE NEWSWIRE) -- via NetworkNewsWire — NetworkNewsWire ("NNW"), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring Standard Lithium Ltd. (TSX.V:SLL) (FRA:S5L) (OTCQX:STLHF), a client of NNW that is building one of the largest portfolios of high quality, domestic U.S. lithium brine assets.
To view the full publication, titled “More Lithium Juniors Could Get Swallowed by Majors in 2018,” visit: https://www.networknewswire.com/lithium-juniors-get-swallowed-majors-2018/
Standard Lithium Ltd. (TSX.V:SLL) (FRA:S5L) (OTCQX:STLHF) launched in 2017 and is led by a management team harboring decades of experience in the lithium mining space. Standard Lithium stands out in this market because SLL is one of the few small cap investment options available in lithium mining that offers a pure play in the U.S. lithium market. This gives Standard Lithium a key strategic advantage when the U.S. market begins to seek domestic sources of metals like lithium, as per Trump’s executive order.
In the Bristol Dry Lake area, Standard Lithium is working quickly to capitalize on the growing demand for lithium, as it outlined in a mid-December update (http://nnw.fm/1Cc5Z). Standard Lithium installed a total of six new test evaporation ponds at the Bristol Dry Lake property in order to further assess the role that short-duration passive solar evaporation may play in pre-concentrating the near surface lithium brines encountered at the project. Standard Lithium also took samples of lithium brine from all surface pits in the Bristol Dry Lake property, with results expected in the coming weeks. The Cadiz Dry Lake property will be assessed in a similar manner.
The Smackover Project consists of up to 33,000 acres of brine leases located in a key brine production fairway in southern Arkansas, at the disposal of Standard Lithium for exploration, production, and extraction focus on lithium. Based on historical data, these areas have reported values of 370-424 mg/L of lithium in the brines. This elevates the Smackover Formation as a lower-risk exploration opportunity, which will aid in Standard Lithium’s endeavors to accelerate new production sources of lithium such as this one.
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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