INCLINE VILLAGE, NV / ACCESSWIRE / April 5, 2019 / LithiumOre (http://lithiumore.net) (the ''Company''), a wholly-owned subsidiary of Oroplata Resources, Inc.
(OTCQB: ORRP), a lithium resource exploration and development company, today announced that
Chief Executive Officer Doug Cole was recently interviewed by Proactive Investors, a UK-based online investor services company that
provides analytics, market reports, and company and industry profiles.
During the interview Chief Executive Officer Doug Cole discusses that the lithium company is beginning its drill program a week
early, starting today. Cole says the Company should have the first hundred feet of the drill program underway in the next few days,
taking two to three weeks to drill and another 60 to 120 days for chemistry results on the samples.
To see the video interview in its entirety, please visit:
https://www.proactiveinvestors.com/companies/stocktube/12877/lithiumore-begins-drilling-on-lithium-project-1-week-early-12877.html
Made in America, LithiumOre holds 1,300 lithium mineral claims, totaling 26,000 acres, located in Railroad Valley of Nye County,
Nevada. Railroad Valley is approximately 112 miles northeast of Clayton Valley and can be accessed by paved highway directly from
U.S. Route 6. Railroad Valley is one of Nevada's largest trapped basins and is noted to hold all the necessary commercial and
engineering prerequisites for a massive lithium brine deposit. The Company's claims have been evaluated by experts and the BLM and
are in planned on-site exploration.
LithiumOre, Corp.
LithiumOre (http://lithiumore.net), a wholly-owned subsidiary of Oroplata Resources, Inc.
(OTCQB: ORRP), is a lithium resource exploration and development company, whose primary focus is the establishment of a low cost
production base to supply the rapidly growing lithium-ion battery industry for both mobile devises and laptops, as well as the
burgeoning EV (electronic vehicle) industry. LithiumOre is focused on becoming a substantial, profitable lithium producer via the
timely development of valuable production-grade lithium brine deposits in Nevada.
For more information, please visit: http://lithiumore.net
Forward-Looking Statements
This press release contains ''forward-looking statements'' within the meaning of the safe harbor provisions of the U.S. Private
Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, including those with respect to
the expected project economics for Western Nevada Basin (Railroad Valley), including estimates of life of mine, average production,
cash costs, AISC, initial CAPEX, sustaining CAPEX, pre-tax IRR, pre-tax NPV, net cash flows and recovery rates, the impact of
self-mining versus contract mining, the timing to obtain necessary permits, the submission of the project for final investment
approval and the timing of initial gold production after investment approval and full financing, metallurgy and processing
expectations, the mineral resource estimate, expectations regarding the ability to expand the mineral resource through future
drilling, ongoing work to be conducted at the Western Nevada Basin (Railroad Valley), and the potential results of such efforts,
the potential commissioning of a Pre-Feasibility study and the effects on timing of the project, are ''forward-looking
statements.'' Although the Company's management believes that such forward-looking statements are reasonable, it cannot guarantee
that such expectations are, or will be, correct. These forward-looking statements involve a number of risks and uncertainties,
which could cause the Company's future results to differ materially from those anticipated. Potential risks and uncertainties
include, among others, interpretations or reinterpretations of geologic information, unfavorable exploration results, inability to
obtain permits required for future exploration, development or production, general economic conditions and conditions affecting the
industries in which the Company operates; the uncertainty of regulatory requirements and approvals; fluctuating mineral and
commodity prices, final investment approval and the ability to obtain necessary financing on acceptable terms or at all. Additional
information regarding the factors that may cause actual results to differ materially from these forward-looking statements is
available in the Company's filings with the Securities and Exchange Commission, including the Annual Report on Form 10-K for the
year ended September 30, 2018. The Company assumes no obligation to update any of the information contained or referenced in this
press release.
Contact Information
p775-434-4744
info@lithiumore.net
SOURCE: Oroplata Resources, Inc.