Lancaster Resources: Climate-Positive Lithium Resource in New Mexico

Lancaster Resources: Climate-Positive Lithium Resource in New Mexico


Lancaster Resources (CSE:LCR, OTC:LANRF) is an innovative exploration company focused on developing lithium assets in North America. The company intends to be one of the region's first climate-positive lithium producers by implementing a number of innovative technologies and practices. Lancaster Resources leverages solar energy in its production and develops a carbon sequestration process for its operations.

The company will use direct lithium extraction technology, allowing it to recover the majority of lithium from brine deposits with minimal environmental impact.

Alkali Flat Lithium Project

Lancaster Resources currently plans to acquire a 100-percent interest in Alkali Flat, a lithium brine project which will serve as the company's flagship. Located in the Animas Valley near the town of Lordsburg, the 233-claim property is also transected by Interstate 10. Historic research and geochemical data indicates the presence of anomalous levels of lithium.

Company Highlights

  • Demand for lithium could increase by as much as forty times by 2040, driven by electric vehicles and sustainable energy.
  • Lancaster Resources, an innovative exploration company with a focus on climate-positive lithium, is well-positioned to help meet growing demand.
  • The company has an option to acquire 100-percent ownership in the Alkali Flat Lithium Project, situated in southwestern New Mexico.
  • Recognized as the 15th best mining jurisdiction in the world, New Mexico is regarded as the new frontier for lithium exploration in the United States.
  • New Mexico also has the benefit of being a hub for renewable energy production, with ample sources of solar, wind and geothermal power.
  • The New Mexico State Land Office has a long history of partnering with renewable energy companies and has made roughly nine million acres of land available for lease to support them.
  • Lancaster will ensure the Alkali Flat project is climate positive by:
    • Using direct lithium extraction, allowing it to restore the majority of groundwater after filtering out the lithium salts.
    • Exclusively using renewable energy. The company is currently in discussions with several parties about initiating a solar project alongside its lithium project.
    • Employing carbon sequestration as part of its mining and processing operations.
  • Lancaster hosts an impressive leadership and technical team which includes multiple geologists with decades of experience alongside recognized financial and legal professionals such as CEO Penny White.

This Lancaster Resources profile is part of a paid investor education campaign.*

Click here to connect with Lancaster Resources (CSE:LCR, OTC:LANRF) to receive an Investor Presentation

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Lancaster Resources Provides Corporate Update

Lancaster Resources Provides Corporate Update

 

Lancaster Resources Inc. (CSE:LCR | OTC:LANRF | FRA:6UF0) ( the "Company" or "Lancaster") is pleased to provide a corporate update. The Company's portfolio of projects includes the Piney Lake Gold Project, Catley Lake and Centennial East Uranium Projects in Saskatchewan, the Alkali Flat Lithium Brine Project In New Mexico and the Trans-Taiga Project in James Bay, Quebec. The Company continues to review gold and critical mineral projects for acquisition.

 

  Piney Lake Gold Project  

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Lancaster Resources Inc. (CSE:LCR) (OTCQB:LANRF) (FRA:6UF0) ("Lancaster"), a North American lithium exploration company, is thrilled to announce the signing of a service agreement with KorrAI Technologies Inc. ("Korrai"), a pioneering artificial intelligence, earth systems modelling, and remote imaging company. This collaboration marks a significant step forward in Lancaster's mission to leverage cutting-edge technology to optimize and enhance its critical mineral exploration projects.

 

Under the terms of this agreement, KorrAI will provide Lancaster with advanced geospatial data products to identify field targets for sampling. This technology will be integral to Lancaster's exploration activities, specifically for uranium at the Catley Lake and Centennial East properties. The scope of KorrAI's work, as outlined in the contract, will include the identification and digitization of outcrop exposures from AI-based detection, mapping of iron oxide signatures, mapping and source vectoring of vegetation stress signatures, integrating geological and geophysical datasets, and the recommendation of exploration targets for field exploration and sampling programs.

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Lancaster Resources Inc. (CSE:LCR | OTCQB:LANRF | FRA:6UF0) ("Lancaster" and the "Company") announces an update on its exploration plans for its Uranium prospective Catley Lake & Centennial East properties in the Athabasca Basin of Saskatchewan, Canada.

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Lancaster Resources Inc. (CSE:LCR) (OTCQB: LANRF) (FRA:6UF0) (" Lancaster "), a critical mineral exploration company, is pleased to announce the appointment of Miguel Paucar, B.Sc., M.Sc. to its Advisory Board. With over 28 years of extensive experience in the international mining sector, Miguel brings a wealth of knowledge and expertise from his work across diverse geographical regions including South Africa, Australia, Chile, Mexico, Peru, and Brazil. His career has encompassed significant roles in both underground and open-pit mining as well as geomechanics.

 

Miguel notably served as the Mining Director at Sigma Lithium from 2021 to 2022, where he spearheaded major advancements in lithium extraction technologies and sustainability practices. Under his leadership, the company implemented initiatives such as using 100% renewable energy and recycled water, producing "quintuple zero green" lithium with a focus on zero tailings dams and zero hazardous waste.

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Lancaster Resources Inc. (CSE:LCR) (OTCQB: LANRF) (FRA:6UF0) (" Lancaster "), a critical mineral exploration company, is pleased to announce the appointment of Paola Rojas as a member of its Advisory Board. With her extensive experience in metals, energy, and technology investments, Paola will provide strategic insights and guidance to support Lancaster's growth and development.

 

Paola Rojas is a recognized corporate advisor, investor, and director with a significant track record in the Australian and American markets. As a principal at Synergy Resource Capital, she has spearheaded numerous successful initiatives, overseeing more than USD $80 million in mergers, acquisitions, and capital raising efforts with a strong focus on lithium, copper and precious metals. Her expertise in cross-border deal design, financial analysis, and investor relations will be invaluable to Lancaster as it continues to expand its project portfolio.

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