SAN DIEGO, CA--(Marketwired - Aug 25, 2016) - SourcingLink.net Inc. (OTC PINK: SNET) Lac Fire property not only has significant findings of Lithium, the surrounding area shows concentrations of Rubidium. Rubidium itself has a monetary value.
The USGS metal reports that Rubidium is used in fireworks; in thermoelectric generators; laser coolants; electronic transmitters; lubricant in vapor turbines; vacuum tubes; photocells; atomic clocks and magnetometers; superoxides; and thermonuclear medicine and pharmaceuticals.
"We are very excited about our exploration program for Lithium this summer. We are going to include exploration for Rubidium a cover and other metals. We are fortunate to be located in different parts of Quebec where we have Rare Earth Minerals, Lithium, Tantalum deposits and hopefully Rubidium. We will keep shareholders apprised of our exploration results in the near future." -- Anne M Carioti, CEO
About The Eldor and Lac Fire Projects:
SourcingLink.net, Inc. acquired 8 new lithium-tantalum claims in James Bay, Quebec, Canada. The block of 8 new claims share 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.
The company has signed an agreement to acquire 100% interest in the Eldor Rare Earth Property Claims (The Eldor Project) located inNorthern Quebec, Canada (one of the most favorable mining jurisdictions in the world). The Eldor Project consists of 34 mineral claims covering approximately 3951 acres and is located in Northern Quebec which is considered one of the most favorable mining jurisdictions in the world.
About SourcingLink.net, Inc.:
SourcingLink.net is a U.S. based publicly traded exploration and development company. Their focus in on rare metals and rare earth elements which are among the primary input materials for the 21st Century technology.
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.