Pan American Lithium Corp. CEO Andrew Brodkey Interviewed by CEOcast
April 05 2010 - 9:00AM
Marketwired
Pan American Lithium Corp. (TSX VENTURE: PL)(PINK SHEETS: PALTF), a
new junior lithium exploration company, announced that Chief
Executive Officer Andrew Brodkey was interviewed by CEOcast, Inc.
whose on-line programs reach millions of investors worldwide. The
interview can be accessed at www.ceocast.com (register and log-on
for free) and will be available through Wednesday, April 14.
Brodkey discusses the company's mining projects in Chile and Mexico
and why they'll provide investors an opportunity to participate in
the growing demand for lithium.
Here are some highlights from the interview:
- Formed in December 2009, the company is poised to ride the wave of the
emerging lithium market. A major explosion in demand is expected because
of the anticipated transformation of the world's automotive fleet to
battery power from hydrocarbon. Lithium-ion batteries are the only way car
makers can meet tougher domestic fuel efficiency and emission standards.
New rules become effective by mid-decade.
- Plans to reap large returns in low-risk, high reward lithium production
scenarios unfolding. Owns interest in nine salars in Chile's Atacama
Region III where it will explore and develop surface brine lakes; initial
goal of producing up to 5,000 tons of lithium carbonate production per
year. In Mexico, the company has an option to acquire an interest in a
geothermal brine project, which includes brines produced by deep
geothermal wells that already have been drilled by the Cierro Prieto power
plant located in Baja California Norte, Mexico. The project has a near
term goal of producing 5,000 tpy lithium carbonate.
- Stands apart from other junior companies because the physical
characteristics of its properties are well-advanced and diversified and
their locations are politically stable from tax investment and regulatory
perspectives.
- Moving into production on these low-cost projects within a relatively
short timeline of up to 36 months.
- Strategy includes forging relationships with strategic off-take partners,
including a recent Letter-of-Intent with a large international company.
Plans to be first to resource definition, feasibility, and production with
an off-take partner built-in.
Pan American Lithium Corp. (TSX VENTURE: PL)(PINK SHEETS:
PALTF), based in Tucson, AZ, is well positioned to capture the next
wave in mineral exploration lithium. The company and another party
will jointly develop lithium through concessions in the geothermal
brines currently being produced at the Cierro Prieto geothermal
power plant located in Baja California, Mexico. The company also
owns interests in nine salars with the potential to produce lithium
from surface lakes and subsurface brines, all located in Chile's
mineral-rich Atacama Region III. More information about Pan
American Lithium is available at
http://www.panamericanlithium.com
On Behalf of the Board,
PAN AMERICAN LITHIUM CORP.
Andrew A. Brodkey, President and CEO
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Pan American Lithium Corp. Damien Lowry 866-669-9377
(toll free) www.panamericanlithium.com
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