Strategic Asset Leasing Inc (LEAS)

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NEW YORK, NY--(Marketwire -07/26/11)- Mammoth Energy Group Inc. (Pinksheets: MMTE.PK - News), a lithium and alternative energy mining company, announced today that its wholly owned subsidiary Compania Lithium Investments Limitada of Chile has acquired six concessions for a total of 2471 acres (1000 hectares) of lithium concessions located in the Salar del Laco in north east Chile.

Mammoth Energy Group's Compania Lithium Investments Limitada has already acquired an initial thirteen lithium concessions for a total of 8649 acres (3500 Hectares) in the southern section of the Salar de Maricunga, seven concessions for a total of 4695 acres (1900 hectares) in the Salar de Pujsa, and now with the 2471 acres (1000 hectares) in the Salar del Laco for a total of just under 16,000 combined acres throughout Chile. The company is currently in acquisition mode and Compania Lithium Investments Limitada was created to acquire, develop and explore lithium and mining assets in Chile on behalf of Mammoth Energy Group Inc.