Matica to Commence Drill Permitting for Elon Lithium Project April -----21th, 2016 / TheNewswire / Toronto, Ontario - Matica Enterprises Inc. (MMJ - CSE) (39N - Frankfurt) (MQPXF - OTC) ("Matica" or the "Company") is pleased to announce that the Company has begun the process for obtaining required drilling permits for its 100% owned Elon lithium claims located in Clayton Valley, Nevada.
"We are looking forward to drill testing the Elon claims now that drilling has resumed on the adjacent project owned by Pure Energy Minerals Limited. The Clayton Valley is the primary location for lithium brines in North America." states Matica CEO, Boris Ziger.
In addition to the Elon claims, Matica has the McGee Lithium Project which is located adjacent to properties owned by Pure Energy (PE - TSXV) and Cypress Development Corp (CYP - TSXV). The project is south of the Silver Peak Lithium Mine, which has been in production since 1966 as the only lithium brine production operation in North America. Recent sampling of the McGee (see NR April 4, 2016) showed an average of approximately 750 ppm lithium from all samples taken over the 1,500 metre long by 700 metre wide area with values as high as 1,420 ppm Li in the claystones.
Read more at https://www.stockhouse.com/news/press-releases/2016/04/21/matica-to-commence-drill-permitting-for-elon-lithium-project#QwBCPg4LDbvwXHhZ.99