May 23, 2017 - 8:45 AM EDT
Print Email Article Font Down Font Up Charts

Lithium Exploration Group To Test Prototype Unit In June To Prove Solution For Global Fresh Water Epidemic

TEMPE, AZ / ACCESSWIRE / May 23, 2017 / Lithium Exploration Group Inc. (OTC PINK: LEXG) announced today that it intends to initiate prototype testing on water feedstock in June while the first commercial oil unit is being produced. The scope of these tests is to identify similar flow ratings and power consumption to the testing performed on crude oil in the fall and spring. This round of testing will also be structured to analyze the organic degradation, which takes place within the cavitation reaction. A team from Texas A&M Corpus Christis Core Isotope Lab has been engaged to perform the laboratory analysis of the water samples. This brief period of testing will take place in June and will provide some much-needed data on the water treatment applications that are being considered.

"The ability to eliminate these harmful organic biological compounds from wastewater streams is a huge part of the long-term initiative that Sonic Cavitation LTD has for their technology. These organics in brackish and light waste streams are harmful to the oceans when they are dumped into the sea, and harmful to humans when they are consumed," commented CEO Alex Walsh. "This testing effort is going to be quick and simple compared to our efforts with crude oil, but every bit as valuable. The degradation of organics in fluid is critical to many industries and humanitarian efforts and, with the help of the folks at TAMU-CC, we will be able to point to some very specific problems that we can solve as we hit the market."

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 testing its SonCav Technology and the acquisition of oil and gas related assets in the US and Canada. Lithium Exploration Group is traded on the OTC Markets under the symbol LEXG.


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
[email protected]

SOURCE: Lithium Exploration Group

Source: ACCESSWIRE (May 23, 2017 - 8:45 AM EDT)

News by QuoteMedia

Legal Notice