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Standard Lithium Ltd. (SLI), a leading near-commercial lithium company, has announced a significant milestone in its Smackover expansion efforts. The company has drilled and sampled a new highest confirmed lithium grade brine, measuring 806 mg/L, in East Texas.
The company’s new wells in East Texas show highly elevated concentrations of potash (KCl) and bromine, indicating a large potential for these commodities. Dr. Andy Robinson, President and COO of Standard Lithium, stated that the new lithium analysis confirms the exceptional quality of the lithium brine assets in East Texas.
The Smackover Formation represents North America’s premier lithium brine asset. The company’s projects indicate an increasing trend in lithium grades, enhancing the economic viability of potential projects.
Analysis and Testing Details
The Standard Lithium team has been working in the Smackover Formation in East Texas for over 3.5 years. The data provided are from three recently drilled and sampled wells.
About Standard Lithium Ltd.
Standard Lithium is a leading near-commercial lithium development company focused on the sustainable development of lithium-brine bearing properties in the United States. The company trades on both the TSX Venture Exchange and the NYSE American under the symbol “SLI”.
Company Website: https://www.standardlithium.com
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