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United Bullion Exchange, Inc. (PINK:UBEX) executed a definitive agreement to acquire an option and exploration rights of the Clayton Valley Area Project, Esmeralda County, NV.
United Bullion Exchange, Inc. (PINK:UBEX) executed a definitive agreement to acquire an option and exploration rights of the Clayton Valley Area Project, Esmeralda County, NV.
The press release is quoted as saying:
United Bullion’s Clayton Valley Area Project represents approximately 50 claims in close proximity to the Clayton Valley playa, where lithium-rich brines and evaporates have been accumulating for more than 30,000 years, resulting in the highest lithium content found in any brines tested by the US Geological Survey (USGS) in southwestern US playas and basins.
Rick Brutti, CEO of United Bullion Exchange, stated,
“We are delighted to have signed a deal for a property in such a well-known location. It is our goal to become one of America’s leading mineral exploration companies through acquisitions like the Clayton Valley Area Project. We feel that the electric car revolution will drive the domestic demand for lithium to levels unseen before.”
Click here to access the entire press release
