Li3 Energy, Inc. (OTC Bulletin Board: LIEG) has executed a definitive purchase agreement to acquire the assets of Next Lithium Corp. The company will acquire options on a 100% interest in up to 170,000 acres of a lithium brine mineral property in Big Smoky Valley near Tonopah, Nevada. The property shares geology which is similar to Clayton Valley, which is positioned a few miles south and contains Rockwood Holdings’ Silver Peak Mine.
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Li3 Energy, Inc. is an early stage, U.S. public company currently pursuing a business strategy in the lithium brine mining and energy sector in the Americas, with an initial focus on identifying and acquiring opportunities in Peru, Argentina, Chile and the United States.
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