Lithium Exploration’s Resource Estimate for Valleyview Project

Lithium Exploration Group Inc. (OTCBB:LEXG) reported its resource estimate for the Valleyview brine project in west-central Alberta, Canada.

As quoted in the press release:

A total in-place formation water volume of 5.7 billion cubic metres was calculated for the Leduc Formation aquifer system underlying LEXG’s Valleyview Property. By multiplying the total in-place formation water volumes by the average grades from LEXG’s 2011 sampling program, the total in-place Resource Estimates comprise 384,750 tonnes of Li, 26.5 million tonnes of K, 649,800 tonnes of B, 2.3 million tonnes of Br, 134.5 million tonnes of Ca, 16.5 million tonnes of Mg, and 355.6 million tonnes of Na.

Click here to read the Lithium Exploration Group (OTCBB:LEXG) press release.