First Liberty Power Corp. (OTC.BB:FLPC) has reported that the Gravity Survey of the Company’s Lida Valley (LVW Claims) Nevada lithium claim has been completed by Hasbrouck Geophysics Corp and it has provided positive results. The data from the Gravity Survey has resulted in the identification of multiple deep trough system’s that could be a possible catch basin for lithium brine.
Lithium is liberated through mechanical and chemical weathering processes and transported until it is trapped in a closed basin or by impermeable rock along a fault scarp. In the Lida Valley region it is thought that the source of the lithium is the dark gray lithium enriched rhyolite tuffs that outcrop south and east of Montezuma Peak. Once lithium has been liberated into the water system it remains highly mobile and movement of the lithium with surface water and groundwater will follow basic hydrological principles.
Hydrologic basins in Nevada consist of basin fill underlain by either low-permeability or permeable rock with water movement through the basin fill, permeable rock and along faults. Nothing more complex than a topographic low or closed basin is required to concentrate lithium-bearing water. For topographic lows with larger catchment areas there is a greater opportunity to accumulate lithium from wider sources. The water trapped in these lows may move through dipping aquifers until it reaches an impermeable barrier such as a fault scarp.
The LVW claims share a similar geology and weathering history to nearby Clayton Valley, the LVW Claims are located within 15 miles of the Montezuma Peak, which is believed to be the source of the region’s lithium. The north end of Clayton Valley hosts Chemetall Foote Corporation’s Silver Peak Mine, the only lithium brine producer in the United States. Mine production comes from a lithium enriched brine located below the surface. This plant has been in production since 1967 and is designed to produce up to 1.2 million kilograms of lithium hydroxide per annum.
First Liberty Power Corp. is a Nevada based mineral exploration company with a primary focus on lithium and vanadium exploration and development in the United States. The Company is positioned to capitalize on the anticipated increase in demand for both lithium carbonate and vanadium that is projected to result from the adoption and use of clean renewable energy that will fuel demand for products that utilize lithium-ion batteries and vanadium redox batteries.
Lithium Corporation (OTCBB: LTUM) reports that John G. Webster has joined the board of directors.
Mr. Webster has been a CPA since 1987. He graduated Summa Cum Laude from Gonzaga University in Spokane, Washington, with a BA in Economics and Accounting. John has extensive experience in S.E.C. reporting and auditing, governmental audits, tax issues and consulting for closely held business enterprises.
From 1996 to 2006, Mr. Webster was one of the founding senior principals and Vice-President of Williams & Webster, P.S., a Spokane-based regional CPA firm specializing in the auditing of small public companies and consulting for emerging public companies. Mr. Webster served as Williams & Webster�s technical principal and assisted in all merger and acquisition transactions for both accounting and tax issues.
Tom Lewis, president of Lithium Corporation said, �We are very pleased to welcome John to the Board of Directors of Lithium Corporation. His experience with public companies and regulatory matters will be a tremendous asset to the company as we move forward�.
Lithium Corporation is an exploration company based in Nevada devoted to discoveries of new, cleaner energy related resources. Currently Lithium Corporation is in the process of acquiring, and exploring lithium properties in Nevada, as well as investigating other lithium opportunities in various locales.
Advanced Battery Technologies, Inc. (NASDAQ: ABAT), develops, manufactures and distributes rechargeable Polymer Lithium-Ion (PLI) batteries. The Company’s products include rechargeable PLI batteries for electric automobiles, motorcycles, mine-use lamps, notebook computers, walkie-talkies and other electronic devices. ABAT’s batteries combine high-energy chemistry with state-of-the-art polymer technology to overcome many of the shortcomings associated with other types of rechargeable batteries. The Company has a New York office, with its executive offices and manufacturing facilities in China.
China has become an integral part of the increasing global economy. Chinese enterprises must meet and face worldwide competition that brings with it a unique set of challenges. It is in the front of this ever-changing technology society where leaders of ABAT keep abreast of the market and keep in step with the development of the latest and most sophisticated battery technologies. To this end ABAT�s R&D department is capable of critically creating a cleaner and more cost effective energy alternative.
Currently, China�s economy is developing at an unprecedented rate. More and more Chinese enterprises are expanding into worldwide markets, thus innovation has become a key factor to effectively facilitate increased development. ABAT is focused on the principle of applied innovations with a pioneering mind set as a way to continue discovering new concepts in the field of clean energy pushing the company into the technological forefront of the world.
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