Lithium Brine Exploration Company in Utah

This listing presents an investment opportunity in a lithium brine exploration company, Lithium Power Company, focused on its Utah Valley Project in Tooele County, Utah. The company holds 316 lithium claims across 7 square miles, strategically located approximately 25 miles northeast of Wendover, Utah, with excellent access to I-80, rail transport, and three-phase power. The project is situated within a 5.5-hour drive of the Tesla Gigafactory. The company has completed a 43-101 technical report, secured exclusive water rights for 500 gallons per minute, and is preparing for drill-testing to evaluate lithium brine aquifers at depths of 2000 feet. Surface soil sediment shows an average of 200 ppm lithium, with expectations of 400 ppm or higher at greater depths. The company aims to become a leading lithium supplier for the North American battery industry, employing a low-risk brine mining approach. Incorporated in Utah in 2017, the company is headquartered in Vancouver, Canada. To date, $800,000 has been raised, and the company expects to be issued a permit to drill this month.