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MAX Power (CSE:MAXX) acquires lithium exploration permits in Arizona | 2023-04-28 | Investing News

  • MAX Power (MAXX) wins a district-wide opportunity for lithium-rich brines and claystones in Arizona.
  • This is 130 square kilometers.Wilcox Playa, Cochise County, Arizona, 322 km southeast of Phoenix
  • The U.S. Geological Survey has named this area as one of the most promising locations for lithium in the western United States.
  • MAX Power Mining Corp. (MAXX) opens at $0.53 per share.

MAX Power (MAXX) has won a district-wide opportunity targeting lithium-rich brines and claystones in Arizona.

This is 130 square kilometers. Wilcox Playa in Cochise County, Arizona, 200 miles southeast of Phoenix.

Source: MAX Power Mining Corp.

After limited drilling was completed at Wilcox Playa in the 1970s, the U.S. Geological Survey cited the area as one of the most promising locations for lithium in the western United States, along with Clayton Valley, Nevada.

Decades of U.S. Air Force activity at Wilcox Playa has come to an end, and MAX has secured three blocks totaling 15 square kilometers. Primarily leased from Arizona.

click to enlarge
Source: MAX Power Mining Corp.

Max Power’s CEO Rav Mlait believes that the US and Canada divisions will be able to grow their shareholder base exponentially in 2023 while providing strong news flow in 2023. showed.

“Each division will have its own niche in the lithium space, allowing MAX to appeal to very specific audiences in North America. Includes high-quality research opportunities that provide leverage In addition, the structure opens the door to a range of strategic corporate options to further enhance shareholder value, including spin-outs of certain assets when the opportunity arises will provide.”

The company has signed an agreement for the sale of 100% of three mineral exploration permits (national land) from Ares Strategic Mining Inc. for 500,000 shares of the company’s common stock and $40,000 in cash.

MAX Power is an exploration-stage resource company targeting domestic lithium resources to advance the renewable energy landscape of North America.

MAX Power Mining Corp. (MAXX) opens at $0.53 per share.

The material provided in this article is for informational purposes only and should not be treated as investment advice.Click for full disclaimer here.

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