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HERTZ LITHIUM ANNOUNCES U.S. TRADING ON OTCQB AND COMMENTS ON RIO TINTO ENTRY INTO GRASS ROOTS LITHIUM EXPLORATION PROJECTS

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While Rio-Tinto is entering the Lithium market due to North America's SURGING DEMAND...this "tiny" Canadian company is following in their foot steps to becoming a top Lithium supplier

Hertz Lithium (OTC:HZLIF), a new but fast growing mining tech developer and exploration company has recently completed its initial public offering on the Canadian Securities Exchange (CSE) with its common shares trading under the symbol “HZ” on the CSE and “QE2” on the Frankfurt Stock Exchange (FSE). The Company is quickly positioning itself to become a top lithium supplier as demand for the energy metal skyrockets.

Fueled by ongoing supply chain bottlenecks, increasing electric vehicle (EV) sales, and an underdeveloped mining sector, lithium demand is expected to increase by a breathtaking 650% by 2027. With the IEA warning of shortages as soon as 2025.

Other industry connected organizations, like the McKinsey and the Global Battery Alliance, predict global demand for Lithium-Ion (Li-Ion) batteries to grow from 700 gigawatt hours (GWh) to 4,700 GWh by 2030.

While the sector has seen some fast-tracking of North American based lithium projects to meet this demand, China still dominates the bulk of the lithium supply chain.

A motivating factor for Western nations looking to secure, build, and develop new sources of reliable and sustainable sources of the critical metal.

HERTZ LITHIUM ANNOUNCES U.S. LISTING ON OTCQB AND COMMENTS ON RIO TINTO ENTRY INTO GRASS ROOTS LITHIUM EXPLORATION PROJECTS

Click here to Read this Press Release Now

While Rio-Tinto is entering the Lithium market due to North America's SURGING DEMAND...this "tiny" Canadian company is following in their foot steps to becoming a top Lithium supplier

Hertz Lithium (OTC:HZLIF), a new but fast growing mining tech developer and exploration company has recently completed its initial public offering on the Canadian Securities Exchange (CSE) with its common shares trading under the symbol “HZ” on the CSE and “QE2” on the Frankfurt Stock Exchange (FSE). The Company is quickly positioning itself to become a top lithium supplier as demand for the energy metal skyrockets.

Fueled by ongoing supply chain bottlenecks, increasing electric vehicle (EV) sales, and an underdeveloped mining sector, lithium demand is expected to increase by a breathtaking 650% by 2027. With the IEA warning of shortages as soon as 2025.

Other industry connected organizations, like the McKinsey and the Global Battery Alliance, predict global demand for Lithium-Ion (Li-Ion) batteries to grow from 700 gigawatt hours (GWh) to 4,700 GWh by 2030.

While the sector has seen some fast-tracking of North American based lithium projects to meet this demand, China still dominates the bulk of the lithium supply chain.

A motivating factor for Western nations looking to secure, build, and develop new sources of reliable and sustainable sources of the critical metal.

HERTZ LITHIUM ANNOUNCES U.S. LISTING ON OTCQB AND COMMENTS ON RIO TINTO ENTRY INTO GRASS ROOTS LITHIUM EXPLORATION PROJECTS

Click here to Read this Press Release Now

While Rio-Tinto is entering the Lithium market due to North America's SURGING DEMAND...this "tiny" Canadian company is following in their foot steps to becoming a top Lithium supplier

Hertz Lithium (OTC:HZLIF), a new but fast growing mining tech developer and exploration company has recently completed its initial public offering on the Canadian Securities Exchange (CSE) with its common shares trading under the symbol “HZ” on the CSE and “QE2” on the Frankfurt Stock Exchange (FSE). The Company is quickly positioning itself to become a top lithium supplier as demand for the energy metal skyrockets.

Fueled by ongoing supply chain bottlenecks, increasing electric vehicle (EV) sales, and an underdeveloped mining sector, lithium demand is expected to increase by a breathtaking 650% by 2027. With the IEA warning of shortages as soon as 2025.

Other industry connected organizations, like the McKinsey and the Global Battery Alliance, predict global demand for Lithium-Ion (Li-Ion) batteries to grow from 700 gigawatt hours (GWh) to 4,700 GWh by 2030.

While the sector has seen some fast-tracking of North American based lithium projects to meet this demand, China still dominates the bulk of the lithium supply chain.

A motivating factor for Western nations looking to secure, build, and develop new sources of reliable and sustainable sources of the critical metal.

"Lithium Mania 2.0"…

Currently China dominates the bulk of the lithium supply chain. But a recent research report issued by Morgan Stanley reveals that could soon change as the country’s lithium inventories appear to have eroded in recent months.

With the investment bank going so far as to claim…

"…we still model a full-year lithium market deficit for 2023 (on very conservative China pure BEV sales growth of +13% yoy, and we expect the recently oversupplied lithium market to become tighter again for the remainder of 2023."

This convergence of inventory disruptions, strong consumer demand, and increasing geo-political tensions is leading to what some speculate to be the setup for “Lithium Mania 2.0” later this year…

While the lithium mining sector has seen some fast-tracking of projects to meet this demand, Western nations have accelerated moves to secure, build, and develop their own sources of reliable and sustainable sources of the critical energy metal.

"Lucky Mica Filling The Void…"

With Hertz Lithium (OTC:HZLIF) now 100% ownership of the Lucky Mica property inside Arizona’s renowned pegmatite belt, the company is in a strong position to supply North America’s insatiable demand for lithium.

Pegmatite, with which the region is named, is the “host rock” or crystal containing the minerals lepidolite and spodumene known for producing the lithium hydroxide desired by battery producers.

Besides lithium minerals, the 250 mile long, 30 to 80 mile wide pegmatite belt is also a known source of feldspar, quartz, mica, beryl, tungsten minerals, and tantalum-columbium minerals.

Optimally positioned close to modern utility grids, public road networks, and a skilled labor pool, the Lucky Mica property is easily accessible and consists of 939 hectares (2320 acres) conveniently located 105 km (65 mi) northwest of Phoenix.

While previous explorations of Lucky Mica as far back as the 1950’s reported lithium concentrations, a grab sample performed in 2017 by SGS Canada indicated ore-grade potential with two samples exceeding 20,000 ppm of lithium and the most extreme sample having 34,850 ppm.

While additional surface mapping, sectional interpretations and samplings of the Lucky Mica property also indicated…

 

  • Lithium ore potential between 330,000 to 3.0 MILLION tons.
  • Defined target envelope tonnage between 330,000 and 551,000 @ 60m.
  • Average grades between 0.3% and 2.5% lithium oxide (Li2O).
  • At least seven distinct pegmatite bodies on the property.

 

With a nice pegmatite strike length with known spodumene, lepidolite, and high anomalous lithium, the property offers the potential for developing modest tonnage. While smaller exposures and surface level gravel covers on the property could host opportunities for significant Li tonnage potential.

A recent field season commencing on May, 2023 began with the goal of completing additional general prospecting, mapping and sampling of pegmatite outscrops and structural mapping on the property.

The move allowed the team to identify an abundance of 'new' previously unmapped and sampled pegmatities in three clusters as shows in Figure 1 below.

The pegmatitic mineralogy is generally consistent with the lepidolite and spodumene bearing pegmatite identified in the Lucky Mica region on the property which have returned results up to 7.5% Li20.

A total of approximately 250 samples have been collected from these clusters and an additional 100 will be collected on the property before the team leaves the field next week.All samples would be delivered to SGS Laboratories in Phoenix, AZ for analysis with results expected in 6-8 weeks.

Successful Neighboring Projects…

Hertz Lithium (OTC:HZLIF) isn’t the only company to spot the high-potential opportunity of Arizona’s Pegmatite Belt…

Two peer properties directly adjacent to Lucky Mica, Patriot Lithium’s Fortner-Boyd and Ambly operations, already hold a current valuation of AUD $27.87M.

Other successful lithium outfits already operating in the belt include Arizona Lithium’s Big Sandy (AUD $148.99M), Bradda Head Lithium’s San Domingo (£22.83M), and Brightrock Gold Corp’s Midnight Owl ($43.6M).

These proven operational accomplishments of sector competitors further reinforces the significance of Arizona’s pegmatite belt and Hertz Lithium’s development potential in the region.

Exclusive Tech Patent Rights…

While Hertz Lithium (OTC:HZLIF) establishes itself as a growing lithium supplier with its continued exploration of its Lucky Mica property, the company is also securing significant intellectual property (IP).

Leaning on CEO and director Kal Malhi’s established track record of working with academia to advance impactful technology, Hertz Lithium (OTC:HZLIF) entered into partnership with Penn State University with the goal of developing new patented technology for extraction of lithium from spodumene.

An aggressive move that will further secure the company’s foothold in the lithium supply chain as the process aims to bypass the current methods by increasing extraction of lithium from spodumene with upwards of a 90% recovery factor.

Current high-temp lithium extraction methods require temperatures in excess of 1050°C (1922°F) to convert spodumene into a form that can be reached at higher temps. A costly, energy intense process Hertz Lithium (OTC:HZLIF) looks to disrupt with a more efficient tech.

The partnership agreement hands Hertz Lithium (OTC:HZLIF) the option to license worldwide rights and further develop and commercialize the patent-pending technology.

Experienced Leadership At The Helm…

Led by Director and CEO Kal Malhi, Hertz Lithium (OTC:HZLIF) is navigating the fast-changing lithium and energy metal landscape by leaning on its proven track record of deep grass root project development.

As Founder of Bullrun Capital, Malhi was responsible for fundraising over $300 Million for early-stage startup opportunities. While his background of working with academia to further the advancement of new technologies gives him a direct connection to a highly-educated talent pool.

Malhi has secured the expert services of Longford exploration to mobilize multi-phased exploration programs across the property in 2023. With exposure of pegmatite containing known spodumene and lepidolite occurrences, and highly anomalous Li values, Longford is creating a targeted approach to the field season.

On April 6, 2023, Hertz Lithium (OTC:HZLIF) – with support from Canaccord Genuity Corp. – closed its initial public offering. Live, on-exchange trading followed on April 10th, 2023 on the Canadian Securities Exchange (CSE) under the symbol “HZ” and later commenced trading on the Frankfurt Stock Exchange (FSE) under the symbol “QE2”.

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