LITHIUM EXPLORATION GROUP RESUMES TESTING OF SONCAV OIL UNIT
Phoenix, AZ -- October 4, 2016 -- InvestorsHub NewsWire --
Lithium Exploration Group Inc. (OTCPINK:
LEXG) announced today that it will resume testing of the SonCav
Oil Unit later this week. Representatives from SonCav and Lithium
Exploration Group will be in Houston, TX for the next round of
testing, which will last one week and test the unit at higher
temperatures than have been tested to date.
We have been very pleased with the units operational performance
so far, and have been working over the past few weeks to gauge the
temperatures that the unit can withstand in operations, commented
CEO Alex Walsh. We have been very conservative to date, but we are
committed to testing its limits so that we can extract as much data
as possible to help with the development of fully operational field
units.
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 the SonCav Oil Unit 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