Millennial Lithium Options Cauchari East Lithium Project in Argentina

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TSX VENTURE : ML

September 26, 2016

VANCOUVER, BRITISH COLUMBIA–(Sept. 26, 2016) – Millennial Lithium Corp. (TSX VENTURE:ML), (“Millennial” or the “Company“) is pleased to report it has entered into an option agreement (the “Agreement”) to acquire 100% of the Cauchari East Lithium Project (the “Project”) in Jujuy Province, Argentina from Fernando Erik Villarroel Alcocer (the “Vendor”), subject to the approval of the TSX Venture Exchange. The Project is strategically located within the “Lithium Triangle,” which is host to some of the world’s largest lithium resources.

Cauchari East covers an area of 2,990 hectares on the eastern side of the Cauchari-Olaroz Salar, adjacent to Orocobre’s producing Salar de Olaroz and Lithium Americas Corp.’s advanced stage Cauchari-Olaroz. The property displays geological characteristics common with the deeper, buried salar-type mineralization that has been proven for both of those projects. Gravity and magneto-telluric (MT) survey profiles to the south of the property reported in the Orocobre Technical Report, and VES survey results to the north of the property as reported by Lithium Americas both indicate that the brine-hosting aquifers extend beneath the Cauchari East Project.

Since 2009, considerable work has been completed in the Cauchari Salar by Orocobre and Lithium Americas, much of which is detailed in environmental reports and NI43-101 technical reports on the salar. In additional to the geophysics surveys, the reports disclose significant geochemical data confirming that brine resources with high lithium concentrations extend to the eastern boundaries of the basin, in the direction of the Cauchari East Project. Lithium enrichment in this area of the Cauchari basin appears to be related to the deep structure that hosts the Cerro Negro volcano and which bounds the Cauchari East property along its western limit.

Millennial plans to apply its rapid development strategy to the Cauchari East property. Pending government and communities approvals, the Company will rapidly advance through geophysics to drilling in order to make a quick assessment of resources, and as warranted add Cauchari East as another production unit to the “pipeline” of their lithium production assets.

Under the terms of the Agreement, Millennial can acquire a 100% interest in the Project, royalty and easement free, in consideration of the following payments, share issuances and work commitments:

(a) to earn a 50% interest in the Property:
(i) pay to the Optionor $250,000 upon execution of this Agreement;
(ii) issue to the Optionor $500,000 worth of Millennial common shares within ten (10) business days of the date of TSX Venture Exchange approval (the “Approval Date”) of this Agreement;
(iii) pay to the Optionor an additional $750,000 on or before the first anniversary of the Approval Date;
(iv) issue to the Optionor an additional $1,000,000 worth of Millennial common shares on or before the first anniversary of the Approval Date; and
(v) make $2,000,000 in Expenditures on or before the first anniversary of the Approval Date unless another date is agreed by the parties.
(b) to earn the remaining 50% interest in the Property, make the following additional payments, share issuances and Expenditures:
(i) pay to the Optionor $1,000,000 on or before the third anniversary date of the Approval Date;
(ii) issue to the Optionor $1,000,000 worth of Millennial common shares on or before the third anniversary date of the Approval Date; and
(iii) make an additional $2,000,000 in Expenditures on or before the third anniversary of the Approval Date.

Graham Harris, Chairman of Millennial, states “Adding Cauchari East compliments our strategy to acquire and advance multiple properties in the Lithium Triangle . Cauchari East, gives us another project that is drill ready and based on the work of Orocobre and others, provides us an excellent opportunity for early success”.

This news release has been reviewed by Brent Butler, director, qualified person as that term is defined in National Instrument 43-101.

Millennial Lithium Corp. is an exploration and development company with lithium assets in North and South America.

MILLENNIAL LITHIUM CORP.

Graham Harris, Chairman

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

“This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.”

Millennial Lithium Files Technical Report on Pastos Grandes

Millennial-Lithium-logo

TSX VENTURE : ML

September 21, 2016

VANCOUVER, BRITISH COLUMBIA–(Sept. 21, 2016) – Millennial Lithium Corp. (TSX VENTURE:ML), (“Millennial” or the “Company“) is pleased to announce the filing on SEDAR of its NI 43-101 compliant Technical Report related to its Pastos Grandes Properties in Salta, Argentina (the “Technical Report”).

The Technical Report is titled “Technical Report on the Pastos Grandes Project, Salta Province, Argentina, Prepared for Millennial Lithium Corp.” and dated September 14, 2016.

The Technical Report references the Pastos Grandes Project which is strategically located within the Argentine portion of the “Lithium Triangle”, which is host to some of the world’s largest lithium resources. The Project is approximately 1200 hectares in size and ideally situated in the center of the Pastos Grandes Salar in Salta, Argentina.

Previous work identified in the report indicates the Pastos Grandes Salar exhibits significant lithium and potassium brines. The report presents information on historical exploration results including surface geochemical sampling, Magnetolluric (MT) surveying, CSAMT, vertical electrical sounding (VES) geophysical surveying and 4 pumping wells testing and measuring brine flows in aquifers in the salar.

This news release has been reviewed by Brent Butler, director, qualified person as that term is defined in National Instrument 43-101.

MILLENNIAL LITHIUM CORP.

Graham Harris

Chairman

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 an applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to future prices of commodities, accuracy of mineral or resource exploration activity, reserves or resources, regulatory or government requirements or approvals, the reliability of third party information, continued access to mineral properties or infrastructure, currency risks including the exchange rate of USD$ for Cdn$, fluctuations in the market for lithium, changes in exploration costs and government royalties or taxes in Argentina and other factors or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations.

Nicola Mining Announces Non-Brokered Private Placement

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Aug 23, 2016 | News Releases

TSX.V: NIM
NEWS RELEASE

VANCOUVER, B.C., August 23, 2016 – Nicola Mining Inc. (the “Company”) announces that, subject to regulatory approval, it has arranged a non-brokered private placement financing (the “Financing”) of 18,337,665 units (each, a “Unit”) at a price of $0.12 per Unit for gross proceeds of $2,200,519.80. Each Unit will consist of one Share and one share purchase warrant (each, a “Warrant”), with each Warrant entitling the holder to purchase one additional Share at a price of $0.18 per Share for a period of three years from closing. Insiders may participate in the Financing.

Finders’ fees may be payable in connection with the Financing in accordance with the policies of the TSX Venture Exchange (the “Exchange”).

All securities issued in connection with the Financing will be subject to a statutory hold period expiring four months and one day after closing of the Financing. Completion of the Financing is subject to a number of conditions, including, without limitation, receipt of all regulatory approvals, including approval of the Exchange.

The proceeds of the Financing will be used for working capital purposes.

Nicola Mining Inc. is a junior mining company listed on the TSX Venture Exchange, and is in the process of recommencing mill feed processing operations at its 100% owned state-of-the-art mill and tailings facility, located near Merritt, British Columbia. It has already signed four mill profit share agreements with high grade gold producers. The fully-permitted mill is able to process both gold and silver mill feed via gravity and floatation processes. The Company also owns 100% of Treasure Mountain, its high grade silver property, and a gravel pit, which is located adjacent to its milling operations.

On behalf of the Board of Directors

Peter Espig

Peter Espig

CEO & Director

For additional information

Contact: Peter Espig
Phone: (604) 647-0142
Email: peter@nicolamining.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Millennial Appoints Iain Scarr VP of Exploration and Development

Millennial-Lithium-logo

VANCOUVER, BRITISH COLUMBIA–(Marketwired – July 25, 2016) – Millennial Lithium Corp. (TSX VENTURE:ML), (“Millennial” or the “Company“) is pleased to announce the appointment of Iain Scarr as VP of Exploration and Development.

Mr. Scarr has worked primarily in industrial minerals exploration and commercial development since 1979. During his career with Rio Tinto, he was responsible for multiple discoveries in North and South America and Africa, and worked on the commercial justification for the Jadar lithium-borate resource in Serbia. He graduated with a B.Sc. in Geology from California State University, and earned an MBA from The University of Southern California.

Following his 29 years with Rio Tinto, Mr. Scarr incorporated IMEx Consultants and with a group of partners formed IMEx Minerals Inc. He then joined Lithium One Inc. where he was responsible for bringing the Sal de Vida lithium Brine project in Argentina through feasibility with Galaxy Resources, and more recently the Rincon project with Enirgi. During his time working on these world-class resources, Mr. Scarr established relationships with globally respected professionals from multiple disciplines world-wide.

Iain brings the expertise needed in the development and commercialization of mineral deposits, particularly lithium brine deposits in the “Lithium Triangle” of South America.

MILLENNIAL LITHIUM CORP.

Graham Harris, Chairman, Director

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

“This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.”

CONTACT INFORMATION

Millennial Lithium Corp.
Investor Relations
(604) 662-8184
info@millenniallithium.com
www.millenniallithium.com

Millennial Lithium to Remain Halted

Millennial-Lithium-logoVANCOUVER, BRITISH COLUMBIA–(Marketwired – July 19, 2016) – Millennial Lithium Corp. (TSX VENTURE:ML), (“Millennial” or the “Company”) Further to the Company’s news release dated July 19th, 2016, the Company advises that, the TSX Venture Exchange (the “Exchange”) has determined the acquisition of the project constitutes a Fundamental Acquisition under the policies of the Exchange and trading in the Company’s shares will remain halted until the Exchange has had an opportunity to review both the acquisition agreement and a NI 43-101 geological report on the property.

The Company is currently preparing the report.

MILLENNIAL LITHIUM CORP.

Kyle Stevenson, President & Director

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

“This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.”

CONTACT INFORMATION

Millennial Lithium Corp.
Investor Relations
(604) 662-8184
info@millenniallithium.com
www.millenniallithium.com

Millennial Lithium closes C$1.2M financing and starts exploring the Lincoln claims

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Millennial Lithium (ML.V), the newest kid on the Lithium block, has announced it’s planning to start a surface sampling program at its Lincoln Lithium project in Big Smoky Valley in Nevada. The company’s claims are located right next to the claims owned by Ultra Lithium, and back in the 70’s, the USGS has already drilled a few holes in the Big Smoky Valley, which returned anomalous levels of lithium. Ultra Lithium ( ULI.V) has recently released some preliminary assay results from the first drill hole on its property and with a lithium grade of up to 270 ppm, the Big Smoky valley confirms its status as a potential future source of lithium.

Millennial Lithium ML 2

The company has also completed a C$1.2M private placement priced at C$0.15 per unit, with each unit consisting of one common share and one warrant, exercisable at C$0.30 for two years.

The surface exploration program in Nevada is positive news, but we think there’s more going on behind the scenes. After all, when Redhill Resources (RHR.V) announced the name change to Millennial Lithium, it included this interesting sentence in its press
release:

‘The Property that is the subject of the Agreement is not expected to be the
Company’s primary focus for the next year. ‘

This basically means Millennial Lithium has something else in the pipeline, and given the excellent relationships the company’s management team has in Argentina, we would dare to bet Millennial will acquire a salar-project in Argentina as its flagship lithium project.

Go to Millennial Lithium’s website

The author has a long position in Millennial Lithium. Please read the disclaimer

Doubleview Announces Exploration and Work Program on its Red Spring Silver – Copper and Gold Property

 

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NEWS RELEASE                                                                                                          July 05, 2016

Doubleview Capital Corp. (“Doubleview”) ([TSX-V: DBV], [OTCBB: DBLVF], [GER: A1W038]) is pleased to provide details of mineral exploration activities and announces resumption of exploration at its Red Spring copper-silver property located 160 km north of Smithers, British Columbia.

Building on the success of its Hat Project, and the recent strengthening of metal markets, the Company is proceeding to advance its other exploration projects. In recent months Doubleview’s team has evaluated a large number of gold, silver, and gold-copper properties in British Columbia, western United States and elsewhere and is continuing to search for opportunities to add to the Company’s portfolio of such properties and assets. The Company has identified and is negotiating acquisition of two significant properties and when appropriate will issue further news releases.

Red Spring Copper-Silver Property:

The Ministry of Energy and Mines has waived the need for a permit to drill a small number of shallow holes on the Red Spring Copper-Silver property in order to further explore the near-surface extent of mineralization.  The innovative shallow-hole drilling using a very light weight easily portable unit will have a negligible footprint and will be a logical continuation of a just-completed, approximately 1 square kilometer, detailed soil geochemical sampling program and will target newly identified areas of exploration potential as well as test and confirm historical work.  Following receipt of soil analyses and compilation of all newly-acquired and historic data, the Company plans to continue exploration of the property.

The Red Spring property comprises 215.75 hectares and includes the historic Red Spring high grade copper-silver occurrences that have been explored in recent decades by technical surveys, including geological mapping, geochemical surveys and induced polarization geophysical surveys and by at least 1200 metres of diamond drilling.  Previous operators estimated a preliminary near-surface, non-NI 43-101 compliant, and resource of 4.5 million tonnes with 0.5% copper and 11.9 g /tonne silver.

Hat Gold-Copper Property Exploration Program:

Doubleview in 2011 optioned the Hat Property, located southwest of Dease Lake, northwestern British Columbia, and subsequently conducted more than 8300 metres of diamond drilling that resulted in the identification of an important gold-copper alkalic porphyry-type resource.  Work was halted in July, 2015 as a result of the occupation of the site by a delegation from the local First Nation that caused the locally-based First Nation contractor to remove its personnel. The Company has resolved this issue and will resume work when financing is in place.

About Doubleview Capital Corp.

Doubleview Capital Corp., a mineral resource exploration and development company, is based in Vancouver, British Columbia, Canada, and is publicly traded on the TSX-Venture Exchange [TSX-V: DBV], [OTCBB: DBLVF], [GER: A1W038]. Doubleview identifies, acquires and finances precious and base metal exploration projects in North America, particularly in British Columbia. Doubleview increases shareholder value through acquisition and exploration of quality gold, copper and silver properties and the application of advanced state-of-the–art exploration methods. The Company’s portfolio of strategic properties provides diversification and mitigates investment risk.

For additional information regarding the above noted property and other corporate information, please visit the Company’s website at www.doubleview.ca

ON BEHALF OF THE BOARD OF DIRECTORS

“Farshad Shirvani”

President & Chief Executive Officer

For further information please contact:

Doubleview Capital Corp.
409 Granville St., Suite #880
Vancouver, BC V6C 1T2
Farshad Shirvani, President & CEO
T: (604) 678-9587
E: corporate@doubleview.ca

 

Forward-Looking Statements

Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management’s current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Doubleview cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Doubleview’s control. Such factors include, among other things: risks and uncertainties relating to Doubleview’s limited operating history and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward looking information. Except as required under applicable securities legislation, Doubleview undertakes no obligation to publicly update or revise forward-looking information.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

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