LITHIUM EXPLORATION GROUP TO ANNOUNCES RESULTS FROM SECOND ROUND OF TESTING

Phoenix, AZ -- September 27, 2016 -- InvestorsHub NewsWire -- Lithium Exploration Group Inc. (OTCPINK: LEXG) has received the results from the second round of testing with the SonCav Oil Unit in Houston, Texas. The results came back showing a full elimination of all of the water and a significant reduction of the suspended solids. The feedstock oil was a heavier specific than the original testing, but still showed a 10% increase in the specific gravity for the treated oil base with a 50% increase in the API of the lightest oil at the top of the testing vessel. The next scheduled testing will take place from October 6th through the 11th.

These results are interesting because they show a very similar increase in the API of the oil, but were performed on a heavier feedstock. We think that we are just scratching the surface of what the SonCav Oil Unit can do, but are very excited about the performance to date, commented CEO Alex Walsh. We admittedly have not tested the limits of this unit yet. We have held the temperature down intentionally, but, for the next round of testing, we intend to increase the temperature by 30% to gauge the effect that has on the units productivity.

About Lithium Exploration Group

Lithium Exploration Group is a US-based exploration and development company focused on the acquisition and development potential of lithium brines and other precious metals that demonstrate high probability for near-term production. Currently the company is focused on testing its Ultrasonic Generator Technology and the acquisition of oil and gas related assets. Lithium Exploration Group is a fully reporting company traded on the OTC Markets under the symbol LEXG. Website: www.lithiumexplorationgroup.com.

 

Safe Harbor Statement

This news release contains "forward-looking statements". Statements in this press release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future testing of the ultrasonic technology.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms. We are not in control of lithium prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements.

Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

 

Contact Info
Shanon Chilson

480-641-4790

info@lithiumexplorationgroup.com