Lithium Prospecting in Bolivia

RNS Number : 3977B
Clontarf Energy PLC
20 September 2018
 

 

 

 

 

20th September 2018

 

 

Clontarf Energy plc

("Clontarf" or "the Company")

 

 

Lithium Prospecting in Bolivia

  

Clontarf Energy, the oil and gas exploration company, is pleased to announce that it has submitted a proposal to explore one the world's largest Lithium-bearing salt-lakes in Bolivia.  Lithium from salt pans is in demand for high performance batteries.

 

David Horgan, Director, commented:

 

"We have re-established our presence in Bolivia, and have initiated discussions with the Bolivian National Lithium Company (YLB) on a possible joint venture to study and, if indicated, explore the second largest lithium brine deposit in the world.  Between 2008 and 2010 Clontarf examined salt pan lithium deposits in Bolivia but we were unable to proceed at that time.  Lithium from salt pans is in demand for high performance batteries."

 

There is no guarantee that this work will lead to a binding contract.

 

This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.

 

 

 

ENDS

 

For further information please visit http://www.clontarfenergy.com/ or contact:

 

 Enquiries:

 

Clontarf Energy


John Teeling, Chairman

+353 (0) 1 833 2833

David Horgan, Director




Nominated Adviser and Broker


Northland Capital Partners Limited


Tom Price and Dugald Carlean

 (Corporate Finance)

+44 (0) 20 3861 6625

Rob Rees / Isabella Pierre

 




Public Relations


Blytheweigh

+44 (0) 207 138 3206

Simon Woods

+44 (0) 746 643 9633

Camilla Horsfall

+44 (0) 787 184 1793



 

Teneo PSG


Luke Hogg

+353 (0) 1 661 4055

Alan Tyrrell

+353 (0) 1 661 4055

 

 

 


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