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Lithium Energy Ltd. ( (AU:LEL) ) has provided an update.
Lithium Energy Limited has completed a passive seismic survey at its White Plains Lithium Brine Project in Utah, revealing a Half Graben Basin structure up to 600 meters deep. This survey is part of the company’s broader strategy to define drill targets for potential lithium brine deposits, with the next step involving a Magnetotelluric data survey to identify high-priority drilling locations.
More about Lithium Energy Ltd.
Lithium Energy Limited is a company operating in the lithium exploration industry, focusing on identifying and developing lithium brine projects. The company is involved in exploration activities primarily aimed at discovering potential lithium deposits, with a market focus on the growing demand for lithium in energy storage and electric vehicles.
Technical Sentiment Signal: Sell
Current Market Cap: A$41.44M
See more data about LEL stock on TipRanks’ Stock Analysis page.