Lithium Exploration Group Provides Update on Restart of Morinville Disposal Facility
SCOTTSDALE, AZ--(Marketwired - Sep 17, 2013) - On Tuesday, September 17, Lithium Exploration Group Inc. (OTCQB: LEXG) updated shareholders on progress at its Morinville disposal facility. The well integrity testing has been completed, and bids for the site work required to resume operations are expected to arrive this week. The goal is to complete all work at the facility in the next few weeks. Initial discussions are taking place with local operators who could send produced water to the facility, and these conversations have so far been positive.
"The operator and our partners at Blue Tap are doing a great job of managing the process. Our plan today is to fund the second tranche of the acquisition this week and complete the acquisition mid-October," commented Alex Walsh. "Everything so far has gone according to plan, and we are excited to see the facility resume revenue generating operations in short order."
About Lithium Exploration Group
Lithium Exploration Group is a US-based exploration and development company focused on the acquisition and development potential of lithium brines and other precious metals that demonstrate high probability for near-term production. Currently the company is focused on its Western Canada lithium assets, testing its Ultrasonic Generator Technology and the acquisition of oil and gas related assets in Western Canada. Lithium Exploration Group is a fully reporting company traded on the OTCQB under the symbol LEXG. Website: www.lithiumexplorationgroup.com.
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