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Global Battery Metals Acquires Lithium King Property in Utah
Vancouver, British Columbia--(Newsfile Corp. - March 4, 2021) -  GBML Battery Metals Ltd....
About this update from Global Battery Metals Ltd.
[{"type":"text","content":"Global Battery Metals Acquires Lithium King Property in UtahVancouver, British Columbia--(Newsfile Corp. - March 4, 2021) -  GBML Battery Metals Ltd. (TSXV: GBML) (FSE: REZ) (OTCQB: REZZF) (the \"Company\" or \"GBML\") is pleased to announce, that through the staking of federal placer claims, it has acquired the property area known as the Lithium King property (the \"Lithium King Property\" or the \"Property\").Lithium King Property Highlights:Prospective lithium bearing brine aquifer located on the west side of the Great Salt Lake Basin in western Utah.The land position consists of approximately 7,900 acres (3,200 hectares) of placer claims.Excellent infrastructure: Interstate Highway I-80 runs through the Property.Adjacent to active brine mining operation.Mining friendly jurisdiction.Michael Murphy, President and CEO, commented: \"We are very excited to have added the Lithium King Property to our growth-oriented portfolio of battery metals projects. Samples from the Property have recorded positive lithium values, with excellent access from Interstate Highway 80, which runs beside the Property. We look forward to rapidly advancing this Property, beginning with digitizing historical data, water sampling, modelling, and ultimately leading to drill testing.\"Lithium King Property OverviewThe Lithium King Property is located on the west side of the Great Salt Lake Basin in western Utah, adjacent to the community of Wendover, Utah. The land position consists of approximately 7,900 acres (3,200 hectares) of placer claims.The Property has the potential to host a lithium, and magnesium brine deposit in an existing mineral producing location in a mining-friendly state.Figure 1. Lithium King PropertyTo view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/7080/76037_figure%201%20jpeg.jpgThe lithium and magnesium on the Lithium King Property are present as dissolved salts in a large surface brine aquifer, which is believed to be derived from both surface erosion of lithium-rich rhyolites (as part of the Pilot and Toano Ranges) and mineral-rich geothermal brine flows into the basin sediments from deep seated faults underlying the 20-mile-long basin.Lithium values from several samples from 39 shallow wells (25 feet) averaged 244 parts per million (ppm) and ranged from a low 49 ppm to a high of 1,200 p...