Equitorial Exploration (TSXV:EXX, FRA:EE1, OTCQB:EQTXF) is a Canadian mineral exploration company focused on developing its diverse portfolio of wholly-owned lithium projects in North America. The company’s flagship property is the Little Nahanni Pegmatite Group (LNPG) project in the Northwest Territories which hosts lithium-cesium-tantalum type mineralization common to today’s large, high-grade hard rock mines. Equitorial Exploration’s portfolio also contains three other highly prospective projects, Cat Lake in Manitoba, Tule Valley in Utah and Gerlach in Nevada.
Sampling at the LNPG project has returned grades in the range of 2 percent to 3 percent lithium oxide, which is much higher than the industry average of 1 percent to 1.5 percent. Its proximity to infrastructure, including the processing facility at the Cantung Mine now owned by the Northwest Territories Government, leads management to believe LNPG has the potential to be a near-term producer for the lithium market.
- Four wholly-owned hard rock and brine lithium properties with excellent potential in strategic locations.