Rimrock Gold Corp (RMRK)

[jdkorganics]

...from the article

...exploration program to begin no later than May 16, 2011 and a cash payment of $250,000 to the Seller over a six-month period. The Abigail Property is located 1.5 km east of Nemaska Exploration's Whabouchi lithium project. In September 2010 the Whabouchi property has confirmed high-grade spodumene concentrate, and has been ranked 1st in Canada and 3rd in the world amongst hard rock pegmatite projects being developed by researcher signumBOX, a Chilean-based provider of market intelligence research within the natural resource sector. On closing, the property will be held by OTGI's wholly owned subsidiary Tucana Explorations Inc. OTGI believes the acquisition of the Abigail Property will create additional value for Oteegee shareholders. Jordan Starkman, CEO of Oteegee Innovations, stated, "We are particularly enthused by the prospects of the property and are excited to commence our airborne geological survey." New York Times has predicted an increase of almost 40% in the demand of Lithium by 2014. It has been estimated that the future worldwide market for rechargeable lithium batteries...