Highlights: POWR's Halo property sits between two documented lithium resources held by
Results of POWR's Phase 1 drilling show a likely continuation of similar geology across all three properties.
POWR targets demonstrating an inaugural resource with upcoming Phase 2 drill program, hopeful the results will make Halo an attractive acquisition target.
'POWR Lithium is centered between two well-established companies,
As previously reported in a
'We view the neighbor's resource announcements for the Tonopah Flats projects with interest and enthusiasm for the entire region. It underscores the strategic significance for all the key players actively working to strengthen their position in the area. POWR is in an appealing position, with our recent discovery extending the lithium trend,' advises POWR Lithium CEO
POWR looks forward to continuing to advance the
Management cautions that while discoveries and observations on properties adjacent to the
About
POWR Lithium is an exploration and development company dedicated to the advancement of North American lithium deposits to support domestic demand. The Company holds interests on the Halo and Eli properties in
POWR Lithium advises the public that as part of its disclosure obligations as a public issuer, all material and regulatory filings can be found on www.sedarplus.com. We also invite the public to visit our website at www.powrlithium.com and to sign up to our 'news alerts' to be advised of future news releases and related company information. Please also ensure you watch our video which is now available on the website.
Forward Looking Information Disclaimer
This news release contains statements and information that, to the extent that they are not historical fact, may constitute 'forward-looking information' within the meaning of applicable securities legislation. Forward-looking information may include financial and other projections, as well as statements regarding future plans, objectives, or economic performance, or the assumption underlying any of the foregoing. In some cases, forward-looking statements can be identified by terms such as 'may', 'would', 'could', 'will', 'likely', 'except', 'anticipate', 'believe', 'intend', 'plan', 'forecast', 'project', 'estimate', 'outlook', or the negative thereof or other similar expressions concerning matters that are not historical facts. Examples of such statements include, but are not limited to, statements with respect to the Company developing the Halo property and contributing to the growth of the lithium supply chain.
Forward-looking information is based on the assumptions, estimates, analysis, and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. The material factors and assumptions used to develop the forward-looking information contained in this news release include, but are not limited to, key personnel and qualified employees continuing their involvement with the Company; the Company's ability to secure additional financing on reasonable terms; the competitive conditions of the sector in which the Company operates and laws and any amendments thereto applicable to the Company.
Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information, including, without limitation, risks relating to the future business plans of the Company; risks that the Company will not be able to retain its key personnel; risks that the Company will not be able to secure financing on reasonable terms or at all, as well as all of the other risks as described in the Company's annual Management Discussion and Analysis dated
Contact:
Tel: +1 (778) 383-7240
Email: info@powrlithium.com
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