The Valleyview Project is targeting lithium, potassium, and other valuable minerals for extraction and production from deep oil field brines in the Swan Hills region of west-central Alberta.

The company said that a resource estimate for the initial 113,000 acres is now underway.

Lithium Exploration CEO Alex Walsh said once the first phase of the resource estimate is complete and the project advances, these additional acres will become very useful to the company’s operation.

Lithium Exploration is focused on the acquisition and development potential of lithium brines and other precious metals that demonstrate high probability for near-term production.