One World Lithium engages two experts to help advance its lithium strategic opportunities globally
The company will be working with communications firm Rayleigh Capital and financial services group J&L Strategic Solutions
Company
CNSX:OWLI
One World Lithium Inc is an exploration company focused on lithium in brine projects and new lithium separation technologies. OWL has the right to own 100% of the separation technology, subject to a positive proof of concept program. OWL has earned a 60% property interest in the Salar del Diablo property, located in the State of Baja California, Mexico. Upon completion of a three phase drill program, OWL will earn an additional 20% property interest and has an option to purchase a further 10% property interest for a total of a 90% property interest in the 103,450 hectare (399 square mile) Salar del Diablo lithium brine project.
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The company will be working with communications firm Rayleigh Capital and financial services group J&L Strategic Solutions
CEO Doug Fulcher said that the company is looking forward to resuming drilling in the first quarter of 2022 depending on the results
Lifton coined the now widely-used term 'technology metals' to describe those metals whose electronic properties enable the miniaturization of electronic technologies
The company said the operator, Mike Rosko of Montgomery & Associates noted that DDH-4 may intersect “historic and current hydrothermal activity is evident and may be a source of lithium, such as in the Lithium Triangle in Argentina & Chile"
DDH-4 is anticipated to be drilled to a depth of up to 600m, with the goal of encountering a suspected deep brine system
OWL’s flagship project is the Salar del Diablo lithium brine property in the State of Baja California, Mexico, a 103,450-hectare property
OWL told investors that the consultant believes the “timing is right to review junior lithium companies that have promise in lithium-brine prospects as well as technologies that may separate lithium carbonate from a brine"
The company said the funds will go towards drilling the southern and potentially middle portion of Salar del Diablo and designing a pilot plant for its critical fluid separation technology
Drilling at DDH-3 will occur 24 hours a day at the property in the State of Baja California in Mexico
The Vancouver-based company said it had engaged the services of Montgomery and Associates, a consulting firm that has worked on major lithium brine projects
Funds raised will go towards the Salar del Diablo lithium brine project in Mexico and working capital, according to a statement
Producers have seen share prices pressured in recent months as there have been fears of lithium going into surplus
The firm said it found multiple aquifers containing brines over a wide area and has completed its current drill program at its Salar del Diablo lithium brine project in Mexico
The company announced it has completed two additional holes at the Salar del Diablo property, located in the state of Baja California, Mexico
The junior company is in the midst of a 12-hole, 4,250-metre drill program at Salar del Diablo, a 75,000-hectare property in Baja California, Mexico that covers an expansive salt flat.
Initial results from the first three holes drilled on the property all intersected aquifers with water samples having a pH balance of around 8.6, which indicates the presence of lithium brines
The drilling is part of a 12 hole-4,250 meter program in the State of Baja California Norte, Mexico
The company announced the start of a 12-hole, 4,250-meter drilling program at the Salar del Diablo property
The company announced it has closed its second financing round, raising C$525,000 to finance the Salar del Diablo lithium property drilling program and for working capital
Shares of One World Lithium jumped on the announcement that it was moving its drill rig to its Salar del Diablo project, located in the state of California Baja Norte, Mexico