U.S. Lithium Corp. (LITH)

[mick]

The company has three main projects in development:

Lithium: The ELON claim block consists of four 20-acre placer claims and is located in Esmerelda County, Nevada, and is contiguous to claims held by both PURE Energy and Lithium X in Clayton Valley. Clayton Valley is home to Albemarle’s Silver Peak Lithium Mine, the only mine producing lithium from brine in North America. Both PURE Energy and Lithium X are actively exploring their respective claim blocks in Clayton Valley.

The Clayton Valley area has been the focus of significant levels of exploration and acreage acquisition in recent months and is considered to be one of the best places for lithium exploration in North America.

Lithium: The Gochagar Lake property has grades of up to 3.92% Nickel, 0.70% Copper and 2.86% Cobalt as reported by the Saskatchewan government (Mineral Property # 0880). Historical resource estimates (non-NI43-101 compliant) were generated in 1968 and 1990. The 1968 resource for the Gochagar deposit calculated 4.3 million tons grading 0.30% Ni and 0.08% Cu. J.S. Steel, reported in 1990, that vertical and longitudinal sections were constructed from the existing data and an orebody with reasonably well-defined limits was defined containing 1,770,000 tones at 0.735 nickel equivalent.

The Company is undertaking a complete digital compilation, reprocessing and reinterpretation of all available data in and around the Gochagar Lake area. It is utilizing all of the latest available technology and one of the world’s leading massive sulphide experts to bring the project up to modern standards. This phase of the project is expected to be completed in 4 to 8 weeks with an initial NI 43-101 report and proposed drill program to follow shortly thereafter.

According to Markets and Markets, the global lithium market is expected to reach $5.87 billion this year.


Cannabis/CBD: iWeedz.com search engine will be a cannabis information resource that connects consumers with vendors or likeminded individuals. iWeedz will streamline the process of finding the right strains and products for your ailments comfortably, fast and simply. Whether you’re new to cannabis, a medical marijuana patient, or simply a recreational consumer, iWeedz is the perfect destination for you!

iW eedz.com for vendors will be a cloud-based solution to manage inventory, post daily deals, attract new customer with proximity marketing via mobile phones, engage with customers via email & text messaging and offer payment processing.

Last month, the company advised in a press release that it would explore further strategic investments in the Cannabis/C-B-D sector.

C-B-D is in a unique position compared to other nutraceutical or supplement ingredients for two reasons: 1) as an active ingredient in cannabis, it has a history of health and wellness use with demonstrated evidence of efficacy, and 2) it is one of the few natural remedies with scientific support for the claims being made about its curative powers.

According to the Brightfield Group, C-B-D sales in the US are projected to grow from around $600 million in 2018 to $23.7 Billion by 2023.

We’ve included a link to the company press release - https://finance.yahoo.com/news/us-lithium-corp-evaluating-acquisitions-123010234.html