U.S. Lithium Corporation $LITH is an exploration and development company focused in North America on lithium and related resources for the rapidly growing energy storage industry. The Company looks to capitalize on opportunities that can provide critical raw materials to the ever-expanding next generation battery market. Lithium demand is projected to triple by the year 2025 according to a recent report by Goldman Sachs and for many analysts is considered the new gasoline of the future. Cobalt and nickel are other key elements with strong demand growth profiles associated with the projected five to six-fold increase in battery demand over the next ten years. U.S. Lithium Corp intends to be an integral part of this next booming industry. Our current focus is in the Basin and Range province of Nevada and the mining friendly jurisdiction of Saskatchewan, Canada. Elon, our first project, is located in Clayton Valley and is in close proximity to Albermarle's Silver Peak Project, the only producing lithium brine mine in North America. The Company's recently acquired Gochager Lake project, located in a very prospective area for Ni-Co-Cu deposits in Saskatchewan, has a comprehensive historical database with several previously defined anomalies.
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