LRTTF

Buzz Is Building Rapidly For LIBERTY ONE LITHIU COM NPV (OTCMKTS:LRTTF)

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LIBERTY ONE LITHIU COM NPV (OTCMKTS:LRTTF) is seeing a nice Monday opening with a solid 10% bump. This boost for LRTTF is good news and might be an indicator that the survey results are coming soon. The survey results will be a key driver for this stock.

“We had hoped to find ‘sweet spots’ within our tenement, but were delighted to learn the entire length of our property may contain brine; and correspondingly, lithium. The results, and proximity on-trend to known lithium brine production 25 km to the north of our holdings, suggests the potential for the continuation of lithium brine beneath much of our property,” a representative said at LRTTF.

LIBERTY ONE LITHIU COM NPV (OTCMKTS:LRTTF) bills itself as a company that is an emerging exploration player focused on the acquisition and development of high grade lithium brine deposits destined for use by global business interests. The Company believes that strategic resource access is the key to a robust energy strategy to protect economic stability worldwide.

Moreover, LRTTF engages in the acquisition, exploration and development of mining properties in Canada and the United States. The company primarily explores for lithium brine deposits. It holds interests in the Paradox North property with 233 placer claims covering 4,480 acres located in the Paradox Basin in Grand County, Utah, as well as an option to earn a 70% interest in the Pocitos West project covering 15,857 hectares located in Salta Province, Argentina.

According to company materials, “Liberty One Lithium Corp. is an emerging exploration company focused on the acquisition and development of high grade lithium brine deposits. The Company believes that strategic global resources are the key to a robust energy strategy to protect economic stability worldwide.”

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Lithium is in high demand and unless the world makes a drastic 180 degree turn, it will continue to be that way. LRTTF is looking in good shape. The Company has found a probable brine horizon extending throughout the entire 29 km length of Liberty’s mining property, suggesting the potential for lithium to exist beneath much of the Company’s 160 km2 licensed area. The survey also indicates that the depth of the conductive horizon is as much as 150 meters thick in a number of target locations.

Company CEO, Brad Nichol, states, “The entire team in Argentina and in Canada is thrilled with this result, which has exceeded everyone’s expectations and is the first step in confirming the possibility of extensive, buried salar sediments through much of our property. We had hoped to find ‘sweet spots’ within our tenement, but were delighted to learn the entire length of our property may contain brine; and correspondingly, lithium. The results, and proximity on-trend to known lithium brine production 25 km to the north of our holdings, suggests the potential for the continuation of lithium brine beneath much of our property.” Nichol adds, “We have immediately undertaken the required actions to obtain all of the necessary permits so that we can commence drilling as soon as possible. It’s also worth noting that the drill program is fully funded with cash reserves already in our treasury. Liberty is well positioned to leverage the three most important core values to our board and myself: location, team and capital management.”

Earning a current market cap value of $35.59M, LRTTF is in a hot market and drilling in one of the best locations the world has to offer. There is no reason to not have you ears up here. This is an interesting pure-play with important reports on the horizon. Sign up for continuing coverage on shares of $LRTTF stock, as well as our other hot stock picks, get our free newsletter today and get our next breakout pick!

Disclosure: We hold no position in $LRTTF, either long or short, and we have not been compensated for this article.