Metal Energy Corp. announced a new project acquisition prospective for lithium brines in the Thunder Bay-Nipigon area of northwestern Ontario. The Project is exceptionally large, covering 913 square kilometres within an area measuring approximately 10 to 20 km wide by 95 km long.

"The SourceRock Li brine project covers a dominant land position of untested regional lithium brine targets within the Proterozoic Sibley sedimentary basin that is on a regional scale equivalent in size to Chile's Salar de Atacama central salt body, the Li brine producing jurisdiction in the world. Not only do the company has a large aerial coverage, SourceRock covers the deepest parts of the Basin with sedimentary thickness ranging from 500 m to 1,000 m, enhancing Li brine prospectivity. Exploration in the area has reported considerable evidence of supersaturated saline solutions within the Basin sediments and even the underlying Li-pegmatite-rich basement rocks.

Halite and sylvite veins, bedded layers, interstitial cements, and even encrustations on drill core and drill rods have all been mentioned in a variety of reports. Both Na and K are important pathfinders for Li within brine solutions, and higher concentrations of each of these elements supports the potential for higher concentrations of Li.