Spey Resources Corp C.SPEY

Alternate Symbol(s): SPEYF

Spey Resources Corp. is a Canadian lithium focused mineral exploration company, which has an 80% interest in the Candela II lithium brine project located in the Incahuasi Salar, Salta Province, Argentina. The Company holds an option to acquire a 100% interest in the Kaslo Silver project, west of Kaslo, British Columbia. The Kaslo Silver Property, a silver and base metal property, located 12 kilometers west of Kaslo in southern British. The mineral tenures include 13 claims and 13 crown grants that cover an area of approximately 3,238.9 hectares. It also holds an option to acquire a 100% interest in the Silver Basin project located in the Revelstoke Mining Division of British Columbia. The Company has an option to acquire a 100% interest in the Pocitos I and Pocitos II claims (the Pocitos Property) located in Salta, Argentina.

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Spey Resources Corp

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Post by Charts1on Nov 04, 2022 11:27am

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Post# 35073210

SPEY.C LITHIUM STILL ON THE RADAR

7 Reasons To Consider Spey Resources Corp. (CSE: SPEY , OTC:SPEYF) Before The Looming Supply Crunch Makes Headlines

Historic Prices

As we write this in June 2022, the price of lithium carbonate has skyrocketed 600% in the past year from about $10,000 a metric ton to more than $70,000.

83 Million Evs In The Next Eight Years

Volkswagen will lead this drive with a goal of building 15 million EVs in the next five years. GM wants to build 1 million EVs a year.

Demand Will Likely Outstrip Supply

If the average EV battery size holds, the world is going to need at least 20.8 billion pounds, or 10.4 million tons, of lithium over the next decade.

Spey Is Perfectly Positioned To Meet The Need

Its exploration project is located in the middle of the Lithium Triangle, where an estimated two-thirds of the world’s 19 million metric tons of lithium is believed to exist.

Big-Time Neighbors

Spey Resources is one of only three companies currently exploring the Incahuasi Salar… the other two are Ganfeng Lithium and Allkem. Both are major miners with multi-billion- dollar market caps.

Ekosolve Technology

This cutting-edge lithium extraction process can produce lithium carbonate in hours not years. This could allow Spey Resources to produce at a fraction of the price of a traditional lithium brine operation.

Low-Cost Opportunity, Superb Potential

While Spey Resources may still occasionally trade well under $1, it’s neighbors in the Incahuasi Lithium Salar, Ganfeng Lithium and Allkem, currently trade for $12 and $ 8.50. Investors with eyes to the future should take heed.