Strategic Asset Leasing Inc (LEAS)

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Mammoth Energy Group Signs Memorandum of Understanding on Chilean Lithium Concessions
MAMMOTH ENERGY GROUP INC (OTC) (USOTC:MMTE)
Historical Stock Chart
1 Month : June 2010 to July 2010


Mammoth Energy Group Inc. (PINKSHEETS: MMTE) announced today that it has signed a Memorandum of Understanding with Salt Gold Inter Chile Limitada, of Chile, regarding its high concentration lithium concessions.
Salt Gold Inter Chile Limitada lithium concessions are found in the North West region of Chile in the heart of the Lithium belt stretching across Bolivia, Chile and Argentina.

"To date surface sampling has been completed over almost all the entire concession," commented Mr. William Lieberman, President of Mammoth Energy Group. "We expect to announce our developments in the immediate future and look forward to the analytical results."

About Mammoth Energy Group Inc. (PINKSHEETS: MMTE) (www.mammothenergygroup.com)

Mammoth Energy Group Inc. is focused on acquiring, developing and operating strategic mining energy reserves in locations throughout the world. With an ever changing shift to alternative energy and fuels Mammoth Energy Group will be prepared to be a leading energy supplier and operator. Mammoth Energy's goal is to become an important partner as the world's energy paradigm begins to change throughout the next decade and beyond.