NetworkNewsBreaks – Standard Lithium Ltd. (TSX.V
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Posted On: 01/08/2018 6:15:39 PM
NetworkNewsBreaks – Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) Acquires Exploration Rights for Lease Package in Smackover Formation
Lithium-focused mining company Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) this morning announced its entry into an option agreement with TETRA Technologies Inc. (NYSE: TTI) to acquire the rights to conduct exploration, production and lithium extraction activities on up to 33,000 acres of brine leases located in a highly productive area of Southern Arkansas’s Smackover Formation. “In our search for opportunities of significance, this is one that could really move the needle. We believe the Smackover may be one of the lithium industry’s most promising regions to develop, given the potential resource size and large-scale brine-handling infrastructure in the region,” Robert Mintak, CEO of Standard Lithium, stated in the news release. “This agreement highlights our excellent working relationship with TETRA, and signing this deal allows Standard Lithium access to the last available large lease package in the key brine production zone of the Smackover.”
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Lithium-focused mining company Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) this morning announced its entry into an option agreement with TETRA Technologies Inc. (NYSE: TTI) to acquire the rights to conduct exploration, production and lithium extraction activities on up to 33,000 acres of brine leases located in a highly productive area of Southern Arkansas’s Smackover Formation. “In our search for opportunities of significance, this is one that could really move the needle. We believe the Smackover may be one of the lithium industry’s most promising regions to develop, given the potential resource size and large-scale brine-handling infrastructure in the region,” Robert Mintak, CEO of Standard Lithium, stated in the news release. “This agreement highlights our excellent working relationship with TETRA, and signing this deal allows Standard Lithium access to the last available large lease package in the key brine production zone of the Smackover.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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