
VANCOUVER, July 28, 2016 /CNW/ – Lithium X Energy Corp. (“Lithium X”, or the “Company”) (TSX-V: LIX) (OTCQB: LIXXF) is pleased to announce it has mobilized a drill rig to commence the Phase 1 exploration program at its Clayton Valley North Lithium Project (the “Project”) in Nevada. Clayton Valley is home to Albemarle’s Silver Peak mine, the only lithium production facility in North America. Lithium X controls the largest land position in Clayton Valley, located approximately 200 miles from Tesla’s Gigafactory. The first drill hole is approximately 100 metres north of the claim boundary where Albemarle’s northernmost production-sized well is located.
“I am thrilled to commence exploration drilling in Clayton Valley, where the vision for Lithium X was born less than a year ago,” said Brian Paes-Braga, founder and Chief Executive Officer of Lithium X. “Testing the exploration potential in Nevada complements the ongoing development work at our flagship Sal de los Angeles deposit in Argentina.” …
Source: Junior Mining Network – Lithium X Energy to Commence Drilling at Clayton Valley North, Nevada