Lithium-focused exploration company Standard Lithium (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) this morning announced the filing of a technical report titled “Preliminary Economic Assessment of LANXESS Smackover Project” (the “PEA”) with an effective date of August 1, 2019. Standard Lithium previously announced the PEA results in a June 19, 2019 news release, and the technical report can be found under the company’s SEDAR profile. Advisian, the consulting arm of WorleyParsons Canada Services Ltd, with P.Eng. Stanislaw Kotowski as the lead author, prepared the PEA. APEX Geoscience Ltd. P. Geol. Roy Eccles was the Qualified Person responsible for the reclassified mineral resource estimate.
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About Standard Lithium Ltd.
Standard Lithium is a specialty chemical company focused on unlocking the value of existing large-scale U.S.-based lithium-brine resources. The company believes new lithium production can be brought on stream rapidly by minimizing project risks at selection stage (resource, political, geographic, regulatory and permitting), and by leveraging advances in lithium extraction technologies and processes. The company’s flagship project is located in southern Arkansas, where it is engaged in the testing and proving of the commercial viability of lithium extraction from over 150,000 acres of permitted brine operations utilizing the company’s proprietary selective extraction technology. The company is also pursuing the resource development of over 30,000 acres of separate brine leases located in southwestern Arkansas and approximately 45,000 acres of mineral leases located in the Mojave Desert in San Bernardino County, California. For more information, visit the company’s website at www.StandardLithium.com.
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