Posted in | News | Lithium | Mining Business

Lithium Exploration Group Buys Lithium-Rich Property in Alberta

Lithium Exploration Group has procured  100% of the mineral rights to 113,000 acres of lithium-rich area in Western Alberta, Canada.

This property is situated  near Valleyview, approximately 100 miles northwest of Edmonton and in an area rich in oil and gas deposits, which has been discovered and taken out a century ago. Alberta Geological Survey (AGS) is widely analyzing the minerals in the recovered water from aquifers, due to drilling activities by oil and gas firms.

The aquifers in the nearby region have been tested for different minerals ever since 1970 and high-grades of lithium brines have been identified. Normally, there will be little amount of lithium in all groundwater, but the lithium grades are high in the Swan Hills Region of Alberta, which are feasible for production.

The property of Lithium Exploration Group includes the Northern Leduc Formation Reef which is a part of the aquifer. AGS has conducted tests on the property, which has several wells and unveiled the presence of cost-effective lithium levels. Also, the property comprises over 200 active and inactive wells containing aquifers and there is a chance for additional exploration. Lithium Exploration Group has above 30 years of exploration experience and has now purchased this lithium property.

Source: http://www.lithiumexplorationgroup.com/

Joel Scanlon

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Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

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