Andrew Watson Joins Lancaster Resources as VP, Engineering and Operations to Propel Lithium Exploration and Solar Development
Andrew Watson Joins Lancaster Resources as
VP, Engineering and Operations to Propel
Lithium Exploration and Solar Development
Vancouver, British Columbia--(Newsfile Corp. - June 26, 2023) -
Lancaster Resources Inc. (CSE:
LCR) (OTC Pink: LANRF) (FSE: 6UF)
("
Lancaster
" or the "
Company
" is pleased to announce the
appointment of Andrew Watson, P.Eng., as its Vice President of Engineering and Operations. Mr.
Watson brings with him 21 years of rich technical leadership, operations, corporate strategy, and
commercialization experience in lithium, hydrogen, and conventional oil and gas production.
Andrew Watson, P.Eng VP, Engineering & Operations
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As the newly appointed Vice President of Engineering and Operations, Mr. Watson will spearhead
Lancaster's Alkali Flat Lithium Project exploration operations in Lordsburg, New Mexico, USA. He will be
instrumental in developing upcoming seismic and drilling programs, quantifying the potential resource,
and guiding the company's strategic path. Alongside this, he will also take the lead on propelling the
progress of Lancaster's solar project, a key component in powering the Company's prospective Climate-
Positive Lithium facility in Lordsburg, New Mexico.
"Andrew's extensive background in energy projects and his proven technical leadership make him a
perfect fit for Lancaster. He has demonstrated exceptional skill in managing high-stakes commercial
projects and innovative clean energy technologies. His experience will be instrumental as we advance
our operations at Alkali Flat and continue to develop our renewable energy initiative," said Penny White,
CEO of Lancaster.
Mr. Watson's experience includes working at Prism Diversified, as Chief Operating Officer, to lead the
technical development on two substantial battery metal critical mineral opportunities. While at Prism
Diversified, Mr. Watson is spearheading the Lithium brine development opportunities on over 850sqmi
of highly prospective brine resource.
Additionally, Mr. Watson is leading engineering and economic
studies for a surface ore body with a focus on recovery technologies that minimize environmental impact
to recover the battery critical minerals (Iron, Vanadium, Titanium).
His previous positions include VP Engineering & Operations at CleanInnoGen Energy, where he led the
development of the world's first-of-a-kind pilot project to capture industrial waste heat to produce on-site,
low-cost, near-zero emission hydrogen and oxygen. Prior to this, as the VP Engineering & Operations at
Hyak Energy, he managed the operations of a 60MMbbl medium crude oil field in SW Saskatchewan,
using an Alkali-Surfactant-Polymer chemical enhanced oil recovery scheme, increased production by
over 250%, and spearheaded corporate sale leading to a successful divestment in January 2020.
Mr. Watson has also been instrumental in mentoring startups in the clean technology sector. His valuable
mentorship has contributed to accelerating revenue generation and traction of more than 50 startup
companies through Emissions Reduction Alberta and Foresight Cleantech Accelerator.
Mr. Watson earned his Bachelor of Science in Mechanical Engineering from the University of Calgary
and has augmented his academic credentials with a diverse array of professional certifications.
With the addition of Andrew Watson to the Lancaster team, the company looks forward to establishing
its position as a notable player in the lithium exploration industry and a champion for renewable energy
projects.
About Lancaster Resources Inc.
Lancaster Resources is engaged in exploring energy transition metals to take advantage of the global
shift towards decarbonization and electrification. Its Alkali Flat Lithium Project, in Lordsburg, New
Mexico, USA, involves the exploration of a below-surface lithium brine target. Lancaster's goal is to
produce Climate-Positive Lithium. Lancaster's strategic plan includes the utilization of direct lithium
extraction (DLE) and the potential application of solar power to bring the carbon footprint of its
prospective lithium extraction facility close to net-zero. Lancaster's endeavors align with the vision of
leveraging sustainable energy sources and state-of-the-art technologies to facilitate climate-positive
resource extraction. Guiding Lancaster Resources' journey is a skilled management and technical team,
endowed with extensive experience in the creation of lithium brine targets and the exploration and
development of Lithium projects across the American West, Mexico, and South America.
Penny White, President & Chief Executive Officer, Lancaster Resources Inc.
Tel: 604 923 6100
www.lancaster-resources.com
The Canadian Securities Exchange has not reviewed, approved nor disapproved the contents of this
news release.
Cautionary Statement Regarding Forward-Looking Statements
Certain statements contained in this press release constitute forward-looking information. These
statements relate to future events, or Lancaster's future performance. The use of any of the words
"could", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements
relating to matters that are not historical facts are intended to identify forward-looking information and
are based on Lancaster's current belief or assumptions as to the outcome and timing of such future
events. Actual future results may differ materially. In particular, the ability of Lancaster to execute its
exploration plans, retain key personnel, identify, acquire, explore, and develop high-quality mineral-
rich properties and integrate sustainable energy sources and innovative technologies for climate-
positive resource production constitute forward-looking information. Actual results and developments
may differ materially from those contemplated by forward-looking information.
Readers are cautioned not to place undue reliance on forward-looking information. The statements
made in this press release are made as of the date hereof. Lancaster disclaims any intention or
obligation to publicly update or revise any forward-looking information, whether as a result of new
information, future events or otherwise, except as may be expressly required by applicable securities
laws.
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