The race to develop the next generation of lithium-ion batteries is in full swing, and Beyond Lithium Inc. (CSE: BYL) is leading the charge. The junior exploration and development company recently provided an update on its multiple lithium projects located in the Southwestern United States.
The announcement provides investors with insight into the progress being made by Beyond Lithium on its exploration activities and future plans. The company’s multiple projects, which are located in Arizona, New Mexico, and Nevada, are aimed at accelerating the discovery of new sources of lithium for the burgeoning global battery industry.
At its Arizona projects, Beyond Lithium has been conducting lodger investigations and mapping targeted areas of interest for further exploration. So far, the results of the exploration efforts are promising. The company’s Nevada project is focused on the Cortez Mine District which is host to historic production and rich lithium mineralization. Beyond Lithium plans to expand its exploration program in the district and believes it is well-positioned to discover economic deposits of lithium in the area.
The company is also focusing on its New Mexico project, which comprises 31 claims that cover an area of 65km2. The project is located in the Mapimi Basin, a region which is known for its lithium-enriched brines. Beyond Lithium believes this region has immense potential for lithium discoveries and intends to explore the area in depth.
Beyond Lithium’s exploration update for its multiple projects demonstrates the company’s commitment to becoming a leader in the development of next-generation lithium technologies. With its strategic focus on creating value from its projects located in the Southwestern United States, Beyond Lithium could be the company that unlocks a treasure trove of lithium wealth for the global battery industry.
