Proactive Investors - Run By Investors For Investors

LithiumOre to kick off drilling on April 8 at Railroad Valley lithium project in Nevada

The company holds 1,300 lithium mineral claims across 26,000 acres in Nye County, Nevada
lithium batteries
Demand for lithium will continue to grow alongside electric cars and high-capacity electric storage

LithiumOre (OTCQB:ORRP) said Friday it would begin drilling its first exploratory and production well at its Railroad Valley lithium project in Nevada on April 8.

The Nevada company’s drilling contractor is Welsco and the project’s lead drill manager will be George Scheid, who now works as the senior drill project manager at Teton Energy Services.

“We are pleased to announce that we will commence drilling April 8, weather permitting. This marks an important milestone towards our major goals for 2019,” said Doug Cole, chairman and CEO of LithiumOre, in a statement.

READ: LithiumOre contracts Welsco to drill on Railroad Valley lithium project in Nevada

LithiumOre is a wholly-owned subsidiary of Oroplata Resources, which will soon be called American Battery Metals.

The company has completed the first step in the requirements necessary to change its name and expects to meet the remaining legal and regulatory hurdle to make the change official soon.

LithiumOre is a resource exploration and development company, whose top focus is the establishment of a low-cost, environmentally sound production base to supply the rapidly growing lithium-ion battery industry for both mobile devices and laptops, as well as the burgeoning electronic vehicle industry.

READ: LithiumOre takes aim at leading the lithium charge

The company holds 1,300 lithium mineral claims across 26,000 acres in the Railroad Valley of Nye County, Nevada, which is one of the state’s largest trapped basins.

Shares of Oroplata Resources held steady to finish trading at US$0.19 on Thursday.

Contact Ellen Kelleher at [email protected]

View full ABML profile View Profile

American Battery Metals Corp Timeline

Related Articles

Tomingley gold mine
February 25 2019
Potential offtake partners may have electric-vehicle market demand in mind.
Archer quantum computing technology
April 15 2019
As part of its advanced materials strategy, the company is progressing a graphite-to-graphene beneficiation strategy.
Brine pools
May 09 2019
The group has four divisions: mineral extraction, wastewater purification, energy storage and conventional mining
Copyright ©, 2019. All Rights Reserved - Proactive Investors North America Inc., Proactive Investors LLC

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use