PRISM Expands Permits for Lithium - Now Largest Mineral Rights Holder in Alberta
PRISM recently acquired new metallic and industrial mineral permits in Alberta targeting the prolific Devonian fringing reefs along the prominent Peace River Arch geologic feature.
Based on historic oil and gas production and a host of regional studies on the Devonian reservoirs, lithium has been found to exist at relatively high concentrations, that may be extracted and refined into lithium carbonate.
PRISM now owns 1.88 million acres of permits prospective for lithium.