Lithium X Energy Corp. is a lithium exploration and development company with a goal of becoming a low-cost supplier for the burgeoning lithium battery industry. The Company holds two projects in in the prolific “Lithium Triangle” in mining friendly Salta province, Argentina as well as participating in the Clayton Valley in Nevada through its ownership interest in Pure Energy Minerals Limited (“Pure Energy”). The Company’s wholly-owned flagship project is the Sal de los Angeles lithium brine project. Subject to the completion of the Orocobre Agreements, the project consists of 8,854 hectares covering 100% of Salar de Diablillos, and has a 43-101 mineral resource estimate of 1.037 million tonnes of lithium carbonate equivalent in the indicated category and 1.007 million tonnes of lithium carbonate equivalent in the inferred category. The Company’s second Argentinian project, the Arizaro lithium brine project, consists of 33,846 hectares covering part of the western and eastern portions of the Salar de Azario, one of the largest known salt lakes in the world. In Nevada, the Company consolidated its Clayton Valley holdings with those held by Pure Energy, in the process becoming Pure Energy’s largest shareholder, holding 19.9% of Pure Energy’s outstanding common shares and share purchase warrants that, if exercised immediately, would increase its ownership interest to 22.5%. Pure Energy’s combined holdings in Clayton Valley consist of more than 10,500 hectares (approximately 26,300 acres).
Lithium X is listed on the TSX Venture Exchange under the symbol LIX.V.
Our Mission
LiTHIUM X is a lithium resource explorer and developer with a focus on becoming a low-cost supplier for the burgeoning lithium battery industry.
Its Sal de los Angeles project is situated in the prolific “Lithium Triangle” in Salta Province, Argentina. The project is comprised of 8,854 hectares and LiTHIUM X now controls 100% of the mineral titles contained within the brine bearing regions of the Diablillos basin. Approximately C$20M invested in work on the property between 2010 to 2017. It contains high grade brine with a NI 43-101 Mineral Resource Estimate of 1,037,000 tonnes of lithium carbonate equivalent of Indicated, and 1,007,000 tonnes of lithium carbonate equivalent in Inferred category.
LiTHIUM X is also exploring the district-scale 33,846 hectares Arizaro project located in one of the world’s largest and least explored salars thought to contain elevated lithium brine values. LiTHIUM X believes there is the potential to increase and enhance brine processing at Sal de Los Angeles, Lithium X’s flagship project, by combining with brine products from Arizaro. The entire salar is staked with other current land holders in Arizaro including Eramet, Sentient and REMSA .
Furthermore, LiTHIUM X owns 19.9% of Pure Energy Minerals, a company exploring and developing a large land package of approximately 26,3oo acres surrounding Albemarle’s Silver Peak lithium mine in Clayton Valley, Nevada.
Company Name | Lithium X |
Business Category | Base Metals |
Address | 3123-595 Burrard Street Vancouver British Columbia Canada ZIP: V7X 1A0 |
President | NA |
Year Established | 2015 |
Employees | NA |
Memberships | NA |
Hours of Operation | NA |
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Website | Locked content |