Welcome to our dedicated page for Lithium news (Ticker: LTUM), a resource for investors and traders seeking the latest updates and insights on Lithium stock.
Lithium Corporation (OTCQB: LTUM) is a mineral exploration company focused on critical minerals that support clean energy, electrification, and North American energy independence. News about LTUM frequently centers on its lithium prospects in Nevada, USA, and its titanium, rare earth elements, graphite, fluorspar, and antimony properties in British Columbia, Canada.
Investors following Lithium Corporation news can expect updates on field work, geological mapping, sampling programs, and portfolio changes across its critical minerals projects. Recent announcements have covered discoveries of enriched Neodymium and Dysprosium rare earth mineralization at its Fluorspar exploration property and the Las Pilas prospect in southern British Columbia, as well as claim realignments and applications to expand claim blocks over geologically analogous areas.
News releases also describe corporate and transactional developments, such as the restructuring of lithium project interests in Nevada through a binding agreement with Morella Corporation, and an option agreement granting Ridgestone Mining Inc. the right to earn a 100% interest in the Las Pilas prospect while Lithium Corporation retains a royalty interest. These items illustrate how the company applies its Project Generator model and manages partnerships in the critical minerals sector.
Beyond minerals, Lithium Corporation has reported that it is evaluating opportunities in renewable energy generation and energy storage, including concepts such as Agrisolar and Vertically Mounted Bifacial Photovoltaic solar panels. Company communications also address its strategic positioning, corporate identity, and its stated commitment to advancing clean energy solutions and a low-carbon future. This news page aggregates such updates so readers can track how the LTUM project portfolio and strategic focus evolve over time.
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Lithium Corporation (OTCQB:LTUM) provided an update on its Fish Lake Valley project in Esmeralda County, Nevada. Geophysical surveys by Morella Corporation revealed several targets for lithium-in-brine mineralization. Morella has initiated the permitting process with the Nevada Bureau of Land Management to explore both shallow and deeper targets. The company awaits permit approval to begin drilling operations. Lithium Corporation, focused on energy storage resources, maintains a decade-long strategic partnership with Morella, its largest shareholder.
Lithium Corporation (OTCQB:LTUM) announced the staking of a new lithium clay prospect in Nye County, Nevada, covering approximately 1,120 acres across 58 claims. Prospecting in 2022 revealed anomalous lithium in sedimentary rocks near Powerline Road, about 28 miles from American Lithium's Tonopah project. The prospect is identified in Siebert Formation lacustrine claystones. Following preliminary work on the site, the company is planning further exploration efforts. Lithium Corporation continues to focus on energy storage resources in North America, maintaining a strategic alliance with Morella Corporation for exploration projects.
Lithium Corporation (LTUM) has announced the launch of its revamped website, enhancing its online presence. Additionally, the company has submitted a sample of near-surface brine from San Emidio for Direct Lithium Extraction (DLE) testing. Preliminary results show a lithium grading of approximately 50 mg/l, yielding over 90% lithium extraction efficiency after a short processing cycle. Full test results are expected in early 2023. The company continues to focus on energy storage resources in North America.
Lithium Corporation (OTCQB:LTUM) announced the completion of a CSAMT geophysical survey at its San Emidio lithium-in-brine prospect in Nevada. Preliminary results show effective mapping of the brine zone limits. A mini-bulk sample was collected from the area with 80 mg/l lithium for testing Direct Lithium Extraction (DLE) at Recion Technologies, which achieved a lithium concentration of up to 600%. Exploratory drilling at Fish Lake Valley is set for late Q4 2022 or early Q1 2023. The company is also updating its corporate identity and website.
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Lithium Corporation (OTCQB:LTUM) has appointed Brian Goss as Vice President of Business Development. Goss, who previously served as the Company’s President from 2015 to 2017, brings over 19 years of experience in the mining industry. He is the founder of Rangefront Mining Services and has board roles in several mining companies. This leadership change is expected to enhance the company's strategic direction in the growing energy storage sector, reinforced by its long-standing alliance with Morella Corporation.