Short Term Trading Week Starting: 19th Mar, page-182

HWK

22 March 2018


HAWKSTONE SECURES OPTION TO ACQUIRE TWO STRATEGIC
LITHIUM PROJECTS IN THE USA BACKED BY KLAUS ECKHOF

HIGHLIGHTS
• Option agreement executed to acquire 100% of USA Lithium Limited
• Klaus Eckhof and Paul Lloyd to be appointed directors of Hawkstone
• USA Lithium owns 100% of two highly prospective lithium projects:
− Big Sandy Clay based lithium project located in Arizona
− Lordsburg Lithium Brine project located in New Mexico
• Both projects provide excellent exploration potential with immediate walk up drill
targets based on previous successful exploration
• Big Sandy: multi-kilometre, lithium mineralised lacustrine “green clay” horizon with high
grade surface soil assay results from weathered zone
• Big Sandy 17-hole diamond drilling programme lodged with the Bureau of Land
Management - drilling to commence immediately after approval
• Lordsburg subject to no modern exploration (Clayton Valley look alike): encouraging
surface sample assay results
• Greg Smith to join as Chief Technical Officer to lead exploration
• Company exploration activities to be fully funded via a placement to Institutional and
sophisticated investors to raise A$3M, with A$2.5M subject to shareholder approval