Lithium Exploration Group
Expands Laboratory Testing
October 11, 2016 - Phoenix, AZ - Lithium Exploration Group Inc.
(OTCPINK:
LEXG) announced today that the latest phase of testing the
SonCav Oil Unit began on the 6th of October and will conclude
today. The samples from the first two days of testing have already
been sent to the lab for analysis, and more samples will go over at
the conclusion of testing today. The goal is to continue to collect
data points and run time for the unit to show the consistency of
the units performance. The samples from this round of testing will
be conducted to show the specific gravity of the oil and a carbon
chain analysis in addition to the basic API tests.
Every day that the unit is operated, we gather more and more
data on its capabilities. We have already proven that this unit is
capable of being a field heat treater to eliminate the basic solids
and water from oil production. We also know that we are changing
the oils molecular structure and these lab tests will allow us to
point to where and how those changes are taking place, commented
CEO Alex Walsh. We are primarily focused on the performance metrics
so that, when we go to commercialization, we have all of the data a
customer will need. The strides that have been made over the past
six weeks cannot be overlooked, and it is a testament to the hard
work and determination of both my team and our partners at SonCav.
We will be posting more video and photos of our testing on our
website later today.
About Lithium Exploration Group
Lithium Exploration Group is a US-based exploration and
development company focused on the acquisition and development
potential of lithium brines and other precious metals that
demonstrate high probability for near-term production. Currently
the company is focused on testing the SonCav Oil Unit and the
acquisition of oil and gas related assets. Lithium Exploration
Group is a fully reporting company traded on the OTC Markets under
the symbol LEXG. Website: www.lithiumexplorationgroup.com.
Safe Harbor Statement
This news release contains "forward-looking statements".
Statements in this press release that are not purely historical are
forward-looking statements and include any statements regarding
beliefs, plans, expectations or intentions regarding the future
testing of the ultrasonic technology.
Actual results could differ from those projected in any
forward-looking statements due to numerous factors. Such factors
include, among others, the inherent uncertainties associated with
mineral exploration and difficulties associated with obtaining
financing on acceptable terms. We are not in control of lithium
prices and these could vary to make development uneconomic. These
forward-looking statements are made as of the date of this news
release, and we assume no obligation to update the forward-looking
statements, or to update the reasons why actual results could
differ from those projected in the forward-looking statements.
Although we believe that the beliefs, plans, expectations and
intentions contained in this press release are reasonable, there
can be no assurance that such beliefs, plans, expectations or
intentions will prove to be accurate. Investors should consult all
of the information set forth herein and should also refer to the
risk factors disclosure outlined in our most recent annual report
for our last fiscal year, our quarterly reports, and other periodic
reports filed from time-to-time with the Securities and Exchange
Commission.
Contact Info
Shanon Chilson
480-641-4790
info@lithiumexplorationgroup.com