Peloton Minerals Corp (CSE:PMC, OTCQB:PMCCF) President and CEO Ted Ellwood speaks to Thomas Warner from Proactive after announcing that lithium has been discovered on a property adjacent to the the west boundary of Peloton’s Texas Canyon Project.
Ellwood suggests that the discovery of lithium "on [Peloton's] doorstep" makes it likely that there is a "very good chance" of there being lithium on Peloton's land as well.
He says that the potential addition of lithium to the uranium, gold and copper it has already been exploring for makes for a "very unusual mix of minerals" before going on to explain the company's plans for exploration for any potential lithium deposits.