Lithium is scarce and the U.S. does not seem to have major deposits of its own. Many of the known deposits are not in North America but in Chile, Bolivia, Argentina, China, and Australia. But could this be wrong? There has been reason to believe that the U.S. may be home to millions of tons of lithium. MAX Power Mining Corp. (OTC: MAXXF) has recently announced that its first drill hole on a property in Arizona supports a new lithium discovery in the Western United States! The company has intersected a thick lithium claystone sequence as well as multiple liquid brine targets in its first diamond drill hole at the Willcox Playa in southeast Arizona. This represents a new discovery with considerable scale and grade potential at the property. By keeping track of what the U.S. Air Force was doing (or not doing) in southeastern Arizona, the company was able to secure first mover advantage in a large playa that could develop into an even better version of Clayton Valley, Nevada, which currently hosts America's only producing lithium mine! MAX Power Mining Corp. (OTC: MAXXF) is betting big on Arizona and this district becoming a major potential source of lithium as the USGS has indicated through drilling and historical reports. According to the company, Willcox is already showing itself to be quite unique and fascinating based on just the very first drill hole with strong potential for widespread and robust lithium mineralization in thick claystone sequences under the Playa. |
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