Lithium Rush is coming back!
Mesa Exploration acquires Blue Wing lithium project
2016-10-26 11:23 ET - News Release
Mr. Foster Wilson reports
MESA EXPLORATION ACQUIRES BLUE WING LITHIUM PROJECT
Mesa Exploration Corp. has acquired, by staking, the Blue Wing lithium brine project in Nevada. The project consists of 16 placer mining claims covering 320 acres, located 60 miles from Tesla's lithium battery Gigafactory.
The project is located in the physiographic and geophysical low of a large closed basin covering 967 square miles (Clayton Valley, the basin hosting the Silver Peak lithium brine mine, covers 556 square miles).
Blue Wing basin beneficial features:
- Tertiary-aged lithium-bearing volcanic, igneous and pegmatite source rocks;
- Tectonically driven subsidence basin;
- Multiple overlapping geothermal clusters promoting thermal brine circulation;
- Historic volcanic caldera suggesting late-stage melt volatility conducive to enriching source rocks with lithium;
- Arid climate promoting concentration through evaporation;
- Located within 10 miles of interstate highway and rail transport.
The company plans to carry out an exploration program this fall and winter to determine the potential for a lithium brine deposit. The exploration program will consist of shallow sampling followed by a geophysical program to define potential drill targets.
We seek Safe Harbor.
© 2016 Canjex Publishing Ltd. All rights reserved.