Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTC: STLHF), a lithium-focused exploration company, this morning released a maiden lithium resource statement for its approximately 30,000-acre TETRA Project located in the southwestern region of Arkansas. The maiden report includes 802,000 metric tonnes of lithium carbonate equivalent in the Inferred Resource category, which, when combined with Standard Lithium’s other project in Southern Arkansas, results in a total combined Arkansas lithium brine resource of 3,888,000 tonnes LCE. “This combined project in Southern Arkansas positions us as the largest lithium brine resource in the US; a significantly expanding market that currently relies on imports of foreign lithium,” Robert Mintak, CEO of Standard Lithium, stated in the release.
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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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