Lithium (Lithco) has begun its spring field exploration program in Nevada. The contractors of Lithco focus on geochemical assessments on the Fish Lake Valley, Salt Wells, and Cortez properties, and continue to develop new prospects in the Great Basin.
BLM has approved Lithco to drill at its Cortez property and the subsequent set of the fieldwork completed so far look forward to file another application to drill at Salt Wells.
The company received permit to drill at the proposed target at Fish Lake Valley this summer, the company plans to drill all these three properties.
Besides the company has been exploring the Nevada properties, it is also trying to drill at the lithium brine properties in South America. Lithco is assigned to drill and develop lithium resources in the United States due to the presence of lithium-enriched locations, and the significance of the main producers of lithium and final users in South America. It is also important for the company to assess the lithium opportunities in this area.
Source: http://www.lithiumcorporation.com/