Metal Energy Corp. is pleased to release the brine and lithogeochemical results from two brine reservoirs intersected in the Company's first drill hole at the SourceRock project near Thunder Bay, Ontario. The brine results identified Total Dissolved Solids concentrations increasing with depth and seem to correlate well with rock types. Importantly, concentrations of sodium and potassium , including calcium , increase [...]
Metal Energy Corp. has identified two brine reservoirs with lithium potential at the SourceRock lithium brine project near Thunder Bay, Ontario. "Downhole geophysical surveying has identified two discrete brine reservoirs in drill hole SR-24-01; an upper zone from 151 m to 165 m and a lower zone from 474 m to 520 m . We believe these two reservoirs are stratigraphically continuous with salt-endowed historic drill hole [...]
Metal Energy Corp. is pleased to announce that the planned diamond drill and brine testing program has started at the SourceRock lithium brine project near Thunder Bay, Ontario. "This is an exciting time for us as we've officially started drilling SourceRock, Ontario's first lithium brine project. Scientific evidence supports the concept that SourceRock has lithium brine potential. We know we have brine; we need to [...]
Metal Energy Corp. is pleased to announce that it has been selected to receive up to $200,000 from the Ontario Junior Exploration Program to further advance its exploration efforts at the SourceRock lithium brine project near Thunder Bay, Ontario. "We are thrilled to receive this OJEP non-dilutive grant to help initiate our exploration efforts on SourceRock, Ontario's first lithium brine project. The OJEP funds leverage [...]
Metal Energy Corp. is pleased to provide a detailed update for the Company's inaugural drill program at the SourceRock lithium brine project near Thunder Bay, Ontario, scheduled to begin in early January. For an in-depth perspective on SourceRock and our plans, please watch this video from CEO James Sykes: SourceRock's Drill Program Update "We are excited to start our first drill program exploring for lithium brines on [...]
Metal Energy Corp. is pleased to announce that it closed a non-brokered private placement for aggregate gross proceeds of $640,000.00. Proceeds will be used for an upcoming program on Metal Energy's SourceRock Lithium Brine Project. Metal Energy's CEO, James Sykes, and its Chairman, Stephen Stewart, participated in this private placement. About Metal Energy's SourceRock Project SourceRock is highly prospective for lithium [...]
Metal Energy Corp. is pleased to announce that it intends to complete a non-brokered private placement for aggregate gross proceeds of $630,000.00. Proceeds will be used for an upcoming program on Metal Energy's SourceRock Lithium Brine Project. About Metal Energy's SourceRock Project SourceRock is highly prospective for lithium brines in the Thunder Bay-Nipigon area of northwestern Ontario. The Project is exceptionally [...]
Metal Energy Corp. is pleased to announce the closing of its previously announced claims acquisition directly adjacent to the SourceRock Project prospective for lithium brines in the Thunder Bay-Nipigon area of northwestern Ontario. These mining claims were drilled in 2006 and intersected significant saline water flow from 184.7 to 202.39 metres as well as halite cubes, sedimentary cements, and beds, including halite [...]
Metal Energy Corp. is pleased to announce the closing of its previously announced project acquisition prospective for lithium brines in the Thunder Bay-Nipigon area of northwestern Ontario. Figure 1 - SourceRock Li Brine Project Location in the Thunder Bay-Nipigon area of northwestern Ontario About the SourceRock Li Brine Project SourceRock encompasses 91,288 hectares within the Proterozoic Sibley sedimentary basin [...]
Metal Energy Corp. is pleased to announce additional claim acquisitions directly adjacent to the SourceRock project . These mining claims were drilled in 2006 and intersected significant saline water flow from 184.7 to 202.39 metres, and halite cubes, sedimentary cements, and beds, including halite precipitating from waters as the core dries from 528.52 to 582.5 metres .* Halite precipitating as described in the core logs [...]
Metal Energy Corp. is pleased to provide further evidence supporting lithium brine prospectivity at the SourceRock project , Thunder Bay-Nipigon area of northwestern Ontario . "We have ample scientific documentation supporting our thesis of highly concentrated lithium brines at SourceRock. The Sibley Basin sedimentary brine source rocks exhibit deep geological characteristics and boast elevated total dissolved solids [...]
Metal Energy Corp. is pleased to announce a new project acquisition prospective for lithium brines in the Thunder Bay-Nipigon area of northwestern Ontario. The Project is exceptionally large, covering 913 square kilometres within an area measuring approximately 10 to 20 km wide by 95 km long . "The SourceRock Li brine project covers a dominant land position of untested regional lithium brine targets within the Proterozoic [...]