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VANCOUVER, British Columbia, Nov. 16, 2023 (GLOBE NEWSWIRE) — Lancaster Sources Inc. (CSE:LCR | OTCQB:LANRF | FRA:6UF0) (‘Lancaster’) is happy to announce the profitable completion of a pivotal regulatory website go to at its Alkali Flat Lithium Brine Mission in New Mexico. The positioning go to, carried out on November 14, included key employees from the Bureau of Land Administration (‘BLM’) and the Vitality, Minerals and Pure Sources Division (‘EMNRD’).
In the course of the go to, the Lancaster staff, alongside representatives from BLM and EMNRD, carried out a radical walk-through of the proposed drilling places and geophysical program. This complete evaluate targeted on a number of essential points, similar to entry routes, website circumstances, and native vegetation. The go to supplied a useful alternative for open discussions concerning the deliberate drilling actions, entry necessities, and the total declare space geophysical work on the website.
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A core focus of the discussions was the dedication of Lancaster Sources to reduce the environmental impression of its maiden drilling program and the next full declare space geophysical Magnetotelluric (‘MT’) program. The Firm is devoted to a robust collaborative effort with regulatory businesses to make sure minimal impression from using ATVs, vans, drilling rigs, and MT sensors.
Lancaster Sources is actively working with BLM and EMNRD to determine correct and fit-for-purpose reclamation necessities. The corporate is totally conscious of the necessity for expediency in its operations and the need to go away no lasting impression on the atmosphere whereas working in direction of acquiring the required approvals.
Continued engagement with BLM, EMNRD, and all stakeholders is a precedence for Lancaster Sources. The Firm is dedicated to working transparently and diligently with each businesses to reply all queries in help of its software processes.
This profitable website go to marks a big milestone within the improvement of the Alkali Flat Lithium Brine Mission. Lancaster Sources stays devoted to advancing its mission responsibly, with a steadfast deal with environmental stewardship and neighborhood collaboration.
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About Lancaster Sources Inc.
Lancaster Sources (CSE:LCR | OTCQB:LANRF | FRA:6UF0) is engaged in exploring battery and significant metals to reap the benefits of the worldwide shift in direction of decarbonization and electrification. Lancaster has rights to amass 100% of the Alkali Flat Lithium Mission, close to Lordsburg, New Mexico, USA, a set of claims roughly 5,200 acres (8.1 sq. miles) in dimension that Lancaster is exploring for concentrated sub-surface lithium brine deposits. Lancaster’s imaginative and prescient is to supply Web Zero Lithium utilizing direct lithium extraction expertise powered by photo voltaic or geothermal power.
Lancaster additionally holds the rights to a 100% curiosity within the Trans-Taiga Lithium Property situated inside the James Bay lithium district of Quebec and mendacity on the identical geological pattern as vital lithium discoveries, together with Patriot Metals’ Corvette Property. Lancaster plans to conduct exploration actions with a holistic view of stakeholder pursuits. Guiding Lancaster Sources’ journey is a talented administration and technical staff with collective involvement in over 15 business mineral discoveries and endowed with intensive expertise within the creation of lithium brine targets and the exploration and improvement of Lithium initiatives throughout Canada, the American West, Mexico, and South America.
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Penny White, President & Chief Govt Officer
Lancaster Sources Inc.
Electronic mail: [email protected]
Tel: 604 923 6100
Web site: www.lancaster-resources.com
Cautionary Assertion Relating to Ahead-Wanting Statements
Sure statements contained on this press launch represent forward-looking info. These statements relate to future occasions or Lancaster’s future efficiency. The usage of any of the phrases “may,” “count on,” “consider,” “will,” “projected,” “estimated,” and comparable expressions and statements referring to issues that aren’t historic information are meant to establish forward-looking info and are based mostly on Lancaster’s present perception or assumptions as to the result and timing of such future occasions. Precise future outcomes could differ materially. Particularly, the flexibility of Lancaster to execute its exploration plans, acquire exploration and drilling permits, retain key personnel, establish, purchase, discover, and develop high-quality mineral-rich properties, and combine sustainable power sources and progressive applied sciences for climate-positive useful resource manufacturing represent forward-looking info. Precise outcomes and developments could differ materially from these contemplated by forward-looking info.
Readers are cautioned to not place undue reliance on forward-looking info. The statements made on this press launch are made as of the date hereof. Lancaster disclaims any intention or obligation to publicly replace or revise any forward-looking info, whether or not on account of new info, future occasions, or in any other case, besides as could also be expressly required by relevant securities legal guidelines.
The Canadian Securities Alternate has not reviewed, authorised or disapproved the contents of this information launch.
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