The project’s exploration target estimates a potential yield of 436,000–2,966,000 tonnes (t) of contained lithium carbonate equivalent (LCE). Credit: Maksim Maksimovich/Shutterstock.

Pantera Minerals has expanded its Lithium Brine Project in Arkansas, US, by an additional 3,728 acres, marking a 16.7% increase in its total acreage.

The company now has more than 25,998 net acres leased in a region, known for high-grade lithium brine deposits.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

With ongoing negotiations for more land, Pantera continues to strengthen its position in the lithium sector.

The Smackover Formation in Arkansas, where Pantera’s project is located, comprises lithium-rich brine resources.

The project’s exploration target, within the 50,000-acre Exclusive Abstract Area, estimates a potential yield of 436,000–2,966,000t of contained lithium carbonate equivalent (LCE).

See Also:

These figures are based on lithium concentrations ranging from 225 milligrams per litre (mg/litre) to 450mg/litre, with a median of 338mg/litre, indicating the project’s world-class scale potential.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

A key factor in the project’s advancement is the Exclusive Abstract Agreement with the sole commercial provider of mineral ownership abstract information for the area.

Pantera Minerals executive chairman Barnaby Egerton-Warburton said: “Our exclusive abstract agreement has continued to deliver for the company with over 25,998 acres now under lease in America’s new “Lithium Capital “as other groups in the play now surround us to the east, north, north-west and west of our acreage position.

“The significant investments by leading companies such as ExxonMobil, Equinor and Standard Lithium in the Smackover region highlight the immense potential in this area.

“Our partnership with global technology company SLB and the imminent arrival of the advanced subsurface modelling will accelerate Pantera’s progress as we prepare for the first re-entry test well.”

Earlier this year, Pantera acquired Daytona Lithium, gaining sole ownership of the Superbird Lithium Brine Project in Arkansas.