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Lithium Corporation (LTUM) is a North American mineral exploration company that focuses on energy metals for the growing energy storage sector and high-tech industries. Operating in Nevada, USA, and British Columbia, Canada, the company is dedicated to lithium, graphite, titanium, rare earth elements, and fluorspar exploration. With a strategic alliance with Morella Corporation, LTUM aims to secure a dynamic portfolio and attract potential partners to drive exploration activities. The recent addition of the Las Pilas claim block in British Columbia showcases the company's commitment to expanding its mineral portfolio. Recognized as a Project Generator, Lithium Corporation leverages its exploration expertise to identify promising mineral properties and advance them towards production, contributing to a sustainable future through renewable energy.
Lithium (OTCQB: LTUM) has provided an update on its Las Pilas fluorspar exploration project. Key highlights include:
1. The property has expanded to over 11,000 acres of prospective mining lands.
2. Ongoing geochemical work, including an historic database, is expediting exploration progress.
3. Stream sediment data indicates potential for Fluoride mineralization with Nickel/Chromium and Rare Earth Elements.
4. The company is optimistic about results and plans to complete exploration before winter.
5. Fluorspar is classified as a critical mineral for electrification and low-carbon future.
6. Fluorinated compounds improve thermal stability and performance in lithium-ion batteries.
7. Fluorspar demand from the battery sector is expected to exceed 1.6 million tonnes by 2030.
Lithium (OTCQB: LTUM) provides an update on its exploration activities, including the newly staked Las Pilas claim block in British Columbia, prospective for fluorspar mineralization. The claim, expanded twice since April 2024, now totals approximately 11,068 acres. Geochemical and geological work is ongoing, with initial sampling completed. Fluorspar is a critical mineral vital for clean energy technologies.
Additionally, generative exploration for copper and rare earth elements is underway in the western United States. Several prospective sites have been evaluated recently. At the Fish Lake Valley brine project in Nevada, Optionee Morella completed a study using high-resolution magnetic, radiometric, and LIDAR data, revealing similarities to Albemarle's Silver Peak lithium mine. Morella Corp. is transitioning leadership, allowing more focus on advancing Lithium Corp.'s prospects.
Lithium (OTCQB: LTUM) has provided an update on its exploration activities. The company recently added 3,957 acres to its Las Pilas claim block in southern British Columbia, bringing the total to approximately 8,775 acres. Geochemical analysis indicates potential fluorspar mineralization, a critical component for lithium-ion batteries. The company plans to intensify exploration efforts in the coming months. Leveraging AI and advanced analytical tools, Lithium continues its systematic work on critical minerals, primarily focused in Nevada's Great Basin.
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