Lithium Energy Stakes 6,150 Hectares in Utah for Lithium Brine Potential
Lithium Energy Limited has staked a significant 6,150 hectares of mineral claims in Utah, targeting lithium brine mineralisation as part of its strategic growth and ASX reinstatement plans.
- 6,150 hectares staked across 760 mineral claims in Utah
- Project located near key infrastructure and mining-friendly jurisdiction
- Historical exploration data acquired and non-invasive surveys conducted
- Leverages experience from Solaroz Lithium Brine Project in Argentina
- Part of broader strategy including Capricorn Gold-Copper Belt Project acquisition
Strategic Land Acquisition in Utah
Lithium Energy Limited (ASX, LEL) has announced a major land acquisition in the United States, staking 6,150 hectares of mineral claims; totaling 760 claims; in Utah for its White Plains Lithium Brine Project. This expansive land package covers a large portion of a land-locked hypersaline salt pan, a geological setting considered prospective for lithium brine mineralisation.
The White Plains project is strategically positioned approximately 200 kilometres west of Salt Lake City, adjacent to US Highway 80 and just 15 kilometres from the town of Wendover. This proximity to infrastructure and location within a mining-friendly state enhances the project's logistical and regulatory appeal.
Building on Regional Lithium Momentum
The Salt Lake City region has become a hotspot for lithium and potash exploration, with established projects such as Intrepid Potash’s operations at Wendover and direct lithium extraction initiatives by US Magnesium and Waterleaf Resources at the Great Salt Lake. Lithium Energy’s entry into this region signals its intent to tap into the growing demand for battery minerals in the United States, a country increasingly focused on securing local supply chains for critical minerals.
In addition to staking claims, Lithium Energy has acquired historical exploration data for the White Plains area and conducted non-ground disturbing surveys. While the results of these surveys are still under review, they represent an important step in assessing the project's potential and guiding future exploration activities.
Leveraging Past Success and Future Plans
Executive Chairman William Johnson highlighted the strategic rationale behind the acquisition, noting that the company’s experience with its Solaroz Lithium Brine Project in Argentina provides a valuable foundation for advancing White Plains. The successful development and sale of Solaroz demonstrated Lithium Energy’s capability to add value through lithium brine projects, a model it aims to replicate in Utah.
Furthermore, the White Plains acquisition complements Lithium Energy’s recent purchase of the Capricorn Gold-Copper Belt Project in Queensland, Australia. Together, these moves form part of a broader strategy aimed at reinstating the company’s shares on the ASX and positioning it as a diversified battery minerals explorer with assets in key jurisdictions.
Looking Ahead
While the company has yet to release detailed exploration results or resource estimates, the securing of such a large and strategically located land package in a mining-friendly environment is a significant milestone. Investors and industry watchers will be keen to see how Lithium Energy progresses its exploration program and navigates the path to ASX reinstatement.
Bottom Line?
Lithium Energy’s Utah land grab marks a pivotal step, but exploration results will be the true test of its lithium ambitions.
Questions in the middle?
- What do the initial survey results reveal about lithium concentrations at White Plains?
- How will Lithium Energy finance further exploration and development activities in the US?
- What is the timeline and likelihood of the company’s ASX reinstatement following these acquisitions?