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VANCOUVER, British Columbia, June 17, 2021 (GLOBE NEWSWIRE) — Extremely Assets Inc. (TSX-V: ULT) (“Extremely Assets” or “the Firm”) publicizes that it has restaked 50 placer claims within the South Massive Smoky Valley space in Esmeralda County, Nevada, USA. The placer claims had been staked in two declare blocks the place Extremely drilled two drill holes and carried out different exploratory work throughout the 2014-16 interval. The drill core and floor sampling indicated anomalous values of lithium in sediments. Extremely’s floor geophysical survey (CSAMT – managed supply audio-frequency magnetotelluric survey) in 2014 interpreted low resistivity zones right down to a depth of 1,000 metres in these declare areas. This Mission has geological situations beneficial for internet hosting Lithium enriched brines.
South Massive Smoky Valley shares an identical geology and weathering historical past to the Clayton Valley, situated 16 miles (25.6km) to the south. The north finish of Clayton Valley hosts Chemetall Foote Company’s Silver Peak Mine, the one lithium brine producer in america. Mine manufacturing comes from lithium enriched brines situated under the floor. This plant has been in manufacturing since 1967.
Dr. Weiguo Lang, CEO of Extremely Assets, acknowledged that, “The Firm is happy to rejuvenate its efforts to discover the South Massive Smoky space once more. This was prompted by a current surge within the lithium and EV trade and better lithium carbonate costs. The Firm is engaged on evaluating its earlier exploration work and creating a working plan for this space.”
Certified Individual
The technical info contained on this information launch has been reviewed and permitted by Afzaal Pirzada, P.Geo., a certified individual, as outlined by NI 43-101 who works as Vice President Exploration of the Firm.
ON BEHALF OF THE BOARD OF DIRECTORS
“Kiki Smith”
Kiki Smith, CFO
About Extremely Assets Inc.
Extremely Assets Inc. is an exploration and growth firm with a give attention to the acquisition and growth of lithium, gold and copper property. The Firm holds arduous rock spodumene sort lithium properties on the Georgia Lake / Forgan Lake space in northwestern Ontario, Canada and a brine lithium property in Argentina. The Firm additionally holds different gold and base metals properties in Argentina.
For additional info, please contact the Firm at:
Consideration: Kiki Smith
Phone: 778 968-1176
Electronic mail: kiki@ultraresourcesinc.com
Web site: www.ultraresourcesinc.com
or view the Firm’s filings at www.SEDAR.com.
