Business
Apex To Purchase 100% of Lithium Brine Property In Nevada, USA
(TheNewswire) Not for distribution to United States newswire services or for release public...
About this update from Apex Resources Inc.
[{"type":"text","content":"Apex To Purchase 100% of Lithium Brine Property In Nevada, USA\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Not for\ndistribution to United States newswire services or for release\npublication, distribution or dissemination directly, or indirectly, in\nwhole or in part, in or into the United States.\n \n \n \n \n Vancouver,\n \n \n BC – TheNewswire\n \n \n January 9, 2024\n \n \n -\nApex Resources Inc. (“Apex” or the “Company”) (TSXV:APX) is\npleased to announce\n \n \n that it has entered into a\nshare purchase\n \n \n agreement (the “SPA”) to\nacquire all the shares of an arm’s length corporation holding a 100%\noption over the consolidated mineral rights of the Lithium Creek\nProperty (the “Property”) in Nevada, USA (the “Acquisition”).\n \n \n \n \n Acquisition Highlights\n \n \n \n \n •\n \n \n Consolidation of a large scale land package\n \n \n ,\ncomparable in size and geology to Albemarle’s Silver Peak Mine in\nClayton Valley, Nevada.\n \n \n \n \n •\n \n \n Location:\n \n \n Situated off a major highway, in an area of\nhistoric basin development and geology associated with lithium\nmineralization.\n \n \n \n \n •\n \n \n Very\nLimited Modern Exploration:\n \n \n Lithium exploration\nand development has not been seriously conducted in the area.\n \n \n \n \n •\n \n \n Significant\nInfrastructure in Place:\n \n \n The district has\nsubstantial infrastructure including roads, railways, highways,\npermits, national and local power and a skilled workforce in\nneighboring towns and cities.\n \n \n \n \n •\n \n \n Accelerated\nPathway to Exploration:\n \n \n Utilizing the\ninfrastructure and a Tier 1 exploration\n \n \n \n \n team can result in accelerated results.\n \n \n \n \n Mr. Jay Roberge, President Apex Resources Inc. stated,\n\"\n \n \n We are very pleased to\nannounce t\n \n \n his acquisition\nwhich offers Apex shareholders exposure to the potential\n \n \n of a low-cost lithium brine project\ntargeting a “Made in America” battery supply chain, ideally\nlocated\n \n \n in the prolific State\nof Nevada, home to the only commercial lithium brine production in the\nUSA and the first Tesla Gigafactory in the USA.”\n \n \n \n \n The Lithium Creek Prop...