06/23/2025
Following the option to acquire a 19.9% interest & 1% NSR royalty over NeoLithica’s Peace River Lithium Project, $GEMC reports strong lithium recovery testing with Geo 40 Limitied and production of 99.9% battery grade lithium carbonate product.
Mitchell Smith, President, CEO and Director commented:
“Despite prices languishing and expected to remain flat this year, lithium remains critical and at the forefront for North American energy independence, underpinning the long-term fundamentals of the industry and necessity for security of supply. We are extremely pleased by Geo40’s lithium brine testing results from NeoLithica’s Peace River project in Alberta and look forward to working together to further unlock value for our shareholders and place the Peace River project in the vanguard of lithium brine resources under development in Canada.”
Full details here: https://globalenergymetals.com/news/global-energy-metals-reports-on-strong-lithium-recovery-testing-with-geo40-and-production-of-99.9-battery-grade-lithium/