SAN DIEGO, CA--(NewMediaWire - Mar 27, 2017) - Now that a plan
is in place, SourcingLink.net (OTC
PINK: SNET) would like to provide more details about its
upcoming exploration beginning on May 15th, 2017. In reviewing
options with geologist, Wayne Holmstead, a plan of action has been
decided upon.
Wayne Holmstead and his team of geologists will be conducting
their exploration in the area of the previous drill holes in the
Northern part of the Lac Fire claims. In addition, they will
be conducting an exploration near the western part of the property,
in the vicinity of a lithium trench recently discovered on the
neighboring Rose Lithium-Tantalum Project, owned by Critical
Elements. The Project "showed an estimated after-tax internal
rate of Return (IRR) of 25% for the Rose project, with an estimated
Net Present Value (NPV) of CA 279 million at an 8% discount rate."
(Source: Critical Elements website: http://www.cecorp.ca)
SNET feels this is encouraging news to shareholders, and will
provide additional information as it becomes available.
About SourcingLink.net, Inc.
SourcingLink.net is a U.S. based publicly traded exploration and
development company. Their focus is on rare metals and rare earth
elements which are among the primary input materials for the 21st
Century technology.
About The Lac Fire Project:
SourcingLink.net, Inc. acquired 8 new lithium-tantalum claims in
James Bay, Quebec, Canada. The block of 8 new claims shares a 12 km
boundary which is on three sides with the Rose Lithium Tantalum
Property of Critical Elements Corp. The new Lac Fire property was
staked to strategically cover ground that may be on strike and have
similar geology to the Rose Lithium Tantalum Resource.
Forward-looking Statements
This release contains "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements, which contain words such as "expect,"
"believe" or "plan," by their nature address matters that are, to
different degrees, uncertain. These uncertainties may cause actual
future events to be materially different than those expressed in
our forward-looking statements. We do not undertake to update our
forward-looking statements.
The above news release has been provided by the above company
via the OTC Disclosure and News Service. Issuers of news releases
and not OTC Markets Group Inc. are solely responsible for the
accuracy of such news releases.