Standard Lithium (TSX.V: SLL) (FRA: S5L) (OTC: STLHF), a
lithium-focused exploration company, today reported a maiden lithium resource
statement for its 150,000-acre project in the south-central region of Arkansas.
Among other highlights, the report includes 3,086,000 metric tonnes of lithium
carbonate equivalent (“LCE”) at the inferred resource category. The lithium
brine inferred resource is located within the Reynolds Member of the Smackover
Formation, a Late Jurassic oolitic limestone aquifer that underlies the entire
property. This brine resource is presently in commercial production in an
effort to recover bromine from the brine. “The release of this first resource
report is a significant milestone for the company and shows that the South
Arkansas Project is one of the most interesting emerging lithium brine projects
globally,” Standard Lithium CEO Robert Mintak stated in the news release. “The
combination of robust data sampled from existing brine production wells, with a
large land package of 150,000 acres and associated infrastructure, makes our
South Arkansas Project a compelling opportunity. A second resource report on
30,000 acres of separate brine leases in Southwest Arkansas will follow this
report before the end of the year.”
To view the full press release, visit http://ibn.fm/ikBqA
About Standard Lithium Ltd.
The company’s flagship project is located in southern
Arkansas, where it is engaged in the testing and proving of the commercial
viability of lithium extraction from over 150,000 acres of permitted brine
operations utilizing the Company’s proprietary selective extraction
technology. The Company is also pursuing the resource development of over
30,000 acres of separate brine leases located in southwestern Arkansas and
approximately 45,000 acres of mineral leases located in the Mojave Desert in
San Bernardino County, California. Standard Lithium is listed on the TSX
Venture under the trading symbol “SLL”; quoted on the OTCQX under the symbol “STLHF”;
and on the Frankfurt Stock Exchange under the symbol “S5L”. For more
information, visit the company’s website at www.StandardLithium.com
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