Silver Valley Metals Corp V.SILV

If this lithium deal goes through with the new Mexican

[GarryJan1]

company Litiomx we will have a huge advantage to attract the auto industry and Tesla.

Here is a follow up from the CEO on last weeks news posted on CEO.

@ticotime2020 Dear shareholders and prospective shareholders, As a follow-up to our most recent press release last week, we at Silver Valley Metals (SVM) would like to reacquaint you with the project and briefly discuss the importance of the recent announcement regarding the 100% owned MexiCan lithium-potassium project in central Mexico. After the announcement over a year ago regarding nationalization of lithium, SVM is now engaged with the newly formed business entity responsible for lithium in Mexico, LitioMx. The shared goal is to conclude a formal partnership agreement regarding the lithium component ONLY. SVM looks at this as a positive for the project in many potential ways, notwithstanding a partner that shares the same vision of taking SVM’s project to production within the quickest timeline possible. The deposits have only been defined on average from surface to 5 metres deep within unconsolidated sediments; this being a potential positive factor for processing these sediments in the future via a more cost effective and sustainable method – as opposed to claystone which entails a more intensive and costly mining and processing methods. There is also a strong indication the lithium and potassium continue within these sediments beyond 5 metres, as the deposit remains open to depth, with the basement of the sediments appearing to be greater than 60 metres. SVM is excited to get this project back on track. The project already has a potential multi-billion dollar in-situ value defined within a NI 43-101 resource report. (1) The MexiCan Project contains an inferred resource (1) of 243,000 tonnes of Lithium Carbonate Equivalent (LCE) and 12.3 million tonnes of Potassium Sulphate from 120 million tonnes of material defined. At today’s prices of approximately USD$28,000 per tonne lithium (2) (it has come down hard from a high of over USD$85,000 within the past year) and USD$857 for potash (3) (note: potassium sulphate is considered premium and generally garners 20% higher prices in the market), the company’s project has a lot of starting value located at surface in the ground. We believe the MexiCan project is the second most advanced lithium project and the most advanced potassium sulphate project in Mexico. Our recent discussions with LitioMx indicate the Government of Mexico considers the MexiCan project as a high priority for development, and could offer us the ability to unlock the value for both materials simultaneously as we advance exploration toward development. If/ when the project is ultimately operating, the MexiCan project would not only supply raw materials for Mexico’s electrical economy, including batteries for electric vehicles (EV) and power storage, but also could be a significant domestic source of potash (4), an important fertilizer for the agricultural industry. Please reach out to CEO [e-mail] anytime. See below for all references and links to more information about the project. We’ll be updating developments and plans for the MexiCan project as it happens. Thank you very much for your time, The SVM team. To read the latest news release regarding SVM and LitioMx please click here. And, to review the latest presentation on the MexiCan project please click here. References: Click here to review the NI-43-101and inferred resource referred to in this press release. Report title: NI43-101 Technical Report On The Organimax Salar Sediment Deposits, Mexico; Author: SRK Consulting; Date of Submission: February, 2019. Trading Economics – Lithium Carbonate Equivalent – USD$28.4k/T, Indicative price as of 15 May, 2023, URL: https://tradingeconomics.com/commodity/lithium?ref=quillette, Currency exchange rate: 1 Chinese Yuan = US$0.14 (Exchange rate provided by XE.com); Potash: $857/ton, Indicative price as of 31 Dec, 2022, URL: https://farmdocdaily.illinois.edu/2022/09/fertilizer-prices-rates-and-costs-for-2023.html. NationMaster.com - https://www.nationmaster.com/nmx/ranking/potash-fertilizer-imports Qualified person Timothy Mosey, BSc, MSc, SME, is the qualified person for the company and qualified person as defined by National Instrument 43-101. Mr. Martin Pittuck, CEng, MIMMM, FGS, is responsible for the Mineral Resource statement