Lithium Energy Products Commences Exploration at Jackpot Lake Lithium Project, Nevada
TSX VENTURE: LEP
Vancouver, British Columbia, Canada / TheNewswire / January 13, 2017 - Lithium Energy Products ("Lithium Energy Products" or the "Company") (TSX-V: LEP) (FRANKFURT: N8I) today announced that it has commenced exploration at its 100% owned Jackpot Lake property in Nevada on 9th of January.
Initial activities will include geological mapping and prospecting, followed by soil samples, auger samples and brine samples.
Basil Botha, Chairman of Lithium Energy Products, said "This initial work is a critical first step to building on the previous work conducted by USGS on the property. We are fortunate that this is a closed system with no outlet and we own 100% of the property. We are optimistic that this initial field work will give us a clear indication of the scope of the opportunity."
The Company will be conducting bench tests to determine metallurgy and options for potential extraction methodologies on the samples and brines that will be taken on this program.
Concurrent with this fieldwork, the company continues to evaluate opportunities for acquisitions of energy metals properties. The company is investigating the acquisition of further lithium properties in the lithium triangle in South America and cobalt properties in North America and Africa.
About Lithium Energy Products Ltd.
Lithium Energy Products has 3 highly prospective lithium properties in Nevada and Arizona.