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Article: Ashburton Acquires Teels Lithium Prospect.
- Article from:
- Marketwire Canada
- Article date:
- November 9, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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VANCOUVER, BRITISH COLUMBIA, Nov 9, 2009 (Marketwire via COMTEX) -- ASHBURTON VENTURES INC. (TSX VENTURE:ABR) ("Ashburton" or the "Company") announces it has signed a letter of agreement dated November 6, 2009 to acquire the "Teels" lithium prospect located at Teels Marsh, Mineral County, Nevada, approximately 54 miles northwest of Clayton Valley. The prospect comprises 123 Placer claims (2,460 acres - 3.8 square miles) which cover approximately the west 2/3 of the Teels Marsh, a closed, desert basin.
Teel Marsh was first worked in the 1860's for salt needed in chlorination production plants at Aurora, Comstock, and Candelaria. In approximately 1872 borax was ...