AllPennyStocks.com News Brief: Lancaster Resources Inc.
AllPennyStocks.com

News Brief: Lancaster Resources Inc.

Thursday, August 17, 2023

Vancouver, British Columbia based Lancaster Resources Inc. (CSE: LCR) (OTC Pink: LANRF) (FSE: 6UF0) announced the filing of annual renewals of BLM claims as part of the Alkali Flats option agreement to acquire a 100% interest in the Alkali Flat Lithium Project.  

According to the release, the annual filing with the BLM includes the original 67 claims for the Project along with a significant addition of 193 claims under the Area of Interest provisions under the option agreement. These 260 claims build out a contiguous mineral placer claim asset base over the heart of the Alkali Flats playa near Lordsburg, New Mexico.

Spanning ~5,200 acres, the claims cover the majority of the Alkali Flat playa and present significant exploration opportunities on leases with surface sediment concentrations up to ~149ppm Lithium.

Lancaster Resources is engaged in exploring energy transition metals to take advantage of the global shift towards decarbonization and electrification. Its Alkali Flat Lithium Project, in Lordsburg, New Mexico, USA, involves the exploration of a below-surface lithium brine target. Lancaster's goal is to produce Climate-Positive Lithium there using direct lithium extraction technology and solar power.

Shares are trading up 1 cent at $0.13


Other Penny Stock Movers

Highest-Grade Interval Since Prospect Discovery Has Investors Eyeing These Junior Miners
 Read More
Shares Of Water Bottler Moving Higher On Merger Agreement
 Read More
Shares Of This Micro Cap Rally On IP Expansion News
 Read More
Most Popular
1
Shares Of Water Bottler Moving Higher On Merger Agreement
2
Shares Of This Micro Cap Rally On IP Expansion News
3
Highest-Grade Interval Since Prospect Discovery Has Investors Eyeing These Junior Miners
4
Shares Of Small-Cap Company Perk Higher On New Cannabis Cultivation License
5
Solar Energy, Criticized by Trump, Claims Big U.S. Gain in 2024
6
Manchester United Pitches New Stadium as Key to Government Growth Plan


Back to Top
Site Links:
Premium Services / Email Newsletter:
Social Media:
RSS Feed:
Partners:
© Copyright 2025 AllPennyStocks.com Media Inc. All rights reserved. Nasdaq Stocks: Information delayed 15 minutes. Non-Nasdaq Stocks: Information delayed 20 minutes.
Bid and Ask quotation information for NYSE and AMEX securities is only available on a real time basis. Data is provided by QuoteMedia.com.
© Copyright 1999 – 2025. AllPennyStocks.com Media Inc.
All rights reserved.