Standard Lithium Secures Additional Landholdings with Permitted Brine Producer at Bristol DRY Lake, Mojave, California
STANDARD LITHIUM LTD.
Suite 888, 1100 Melville Street
Vancouver, British Columbia
V6E 4A6
NEWS RELEASE
STANDARD LITHIUM SECURES ADDITIONAL LANDHOLDINGS
WITH PERMITTED BRINE PRODUCER AT BRISTOL DRY LAKE, MOJAVE,
CALIFORNIA
September 12, 2017 – Vancouver, BC –Standard Lithium Ltd. (“Standard Lithium” or the
“Company”) (TSXV: SLL) (FRA: S5L) (OTCQX:STLHF) is pleased to announce that its wholly
owned subsidiary, California Lithium Ltd., has signed an amendment agreement with National
Chloride Company of America (“National Chloride”) that significantly expands the Company’s land
position in the Bristol Dry Lake Lithium Project by approximately 6,000 acres, to a new total of
approximately 25,000 acres.
This new amended agreement continues all the economic terms of the previous lease agreement with
National Chloride, with the additional requirement that the Company will be responsible for ongoing
carrying costs associated with the Additional Claims which may be owed to the Bureau of Land
Management or any applicable state or county authorities in the State of California. Under the terms of
the original Lease Agreement the Company also has an option to lease access to approximately 3,000
acres of private land held by National Chloride and its affiliates.
The National Chloride claims lie adjacent and contiguous to the roughly 4,000 acres of placer mineral
claims comprising the Company’s existing Mojave Lithium Project. National Chloride and others
have mined the near-surface brines to produce concentrated chloride products for various industrial
applications for close to 100 years and, as a result, the area has excellent mining infrastructure. There
is electric power and water on the property. A major paved road crosses the western edge of the
property, and there is a rail siding within 5 km. The property is situated approximately 200 km from
Las Vegas, and 330 km from the port of Los Angeles.
Standard Lithium CEO, Robert Mintak stated “Standard Lithium is delighted to continue and expand
our business relationships with our trusted brine processing partner, National Chloride. The
expansion of our optioned landholding in the Bristol Dry Lake Lithium Brine Project is in areas of the
salt lake where we have recently completed geophysical exploration, and we understand that the
additional ground is underlain by an extremely deep basin that contains concentrated, highly
conductive brine. The timing of this expansion is important, as we are currently mobilising drilling
crews to the project site, and will be starting quantitative resource assessment work very shortly.”
For further information regarding the Bristol Dry Lake Lithium Project, readers are encouraged to
review the Company’s news release of May 4th, 2017. For further information regarding the Mojave
Lithium Project please see the Company’s Technical Report compiled in accordance withNational
Instrument 43-101 dated September 15, 2016 and available under the Company’s profile on SEDAR
(www.sedar.com).
About Standard Lithium
Standard’s value creation strategy encompasses acquiring a diverse and highly prospective portfolio of
large-scale domestic brine resources, led by an innovative and results-oriented management team with
a strong focus on technical skills. The Company is currently focused on the immediate exploration and
development of the Bristol Dry Lake Lithium Project located in the Mojave region of San Bernardino
County, California; the location has significant infrastructure in-place, with easy road and rail access,
abundant electricity and water sources, and is already permitted for extensive brine extraction and
processing activities. The Company is also commencing resource evaluation on its 33,000 acres of
lithium brine leases located in the Smackover Formation.
Standard Lithium is listed on the TSX Venture under the trading symbol “SLL”; quoted on the
OTCQX under the symbol “STLHF”; and on the Frankfurt Stock Exchange under the symbol “S5L”.
Please visit the Company’s website atwww.standardlithium.com.
For further information, contact Anthony Alvaro at 604.240.4793.
On behalf of the Board,
Standard Lithium Ltd.
Robert Mintak, CEO & Director
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in 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 and applicable Canadian securities
laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”,
“target, “plan”, “forecast”, “may”, “schedule” and other 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, fluctuations in the market for
lithium and its derivatives, changes in exploration costs and government regulation in Canada and the
United States, 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.
Neither the Company, nor National Chloride makes any representations as to the value of lease rights
associated with National Chloride’s Bristol Lake mineral claims (the “Property”), the availability of
any particular resource or minerals on the Property, or the merits of any proposed exploration work to
be completed on the Property. National Chloride expressly disclaims any responsibility for the
adequacy or accuracy of disclosure made by the Company in respect of the Property. Readers are
cautioned that a “Qualified Person”(as that term is defined by National Instrument 43-101 –
Standards of Disclosure for Mineral Projects) has not done sufficient work to specify any mineral
resource or reserve on the Property.