SRBL Great American Energy
Outstanding Shares: 88.8M
Great American Energy Inc. (SRBL) is a Mineral Exploration and Development Company, based in Denver, Colorado, focusing on the growing U.S clean energy and technology industries with current projects targeting the production of rare earth elements and lithium.
The Global Lithium Market is currently valued at $1 billion and is forecasted to reach $43 billion by 2020 as lithium is becoming one of the most critical elements being needed to support the growth of advanced clean energy technologies.
Current SRBL lithium operations are located in Esmeralda County, Nevada where the company’s property, the Big Smoky Valley Lithium Project, consists of 48 claims extending across 7,680 acres. Incidentally, this Big Smoky Valley Lithium Project is adjacent to the nation’s only lithium producing mine, the Silver Peak Mine, and displays similar geology as the Silver Peak Mine. Additionally, SRBL’s project location lies in close proximity to hybrid/electric and lithium battery vehicle manufacturers in California including Tesla Motors and Flux Power Inc. Therefore, because of these positive influences, the company has Recently Announced the Exploration Program for this property is set to commence in June 2013. Further progress has also been established with the Appointment of Qualified Advisors for this project
Likewise, the company’s focus is also steered toward their Recent Involvement into Canada-Based Bear Creek Rare Earth Property. SRBL’s latest property is composed of 10 mining claims within 7,311 acres where SRBL’s sample research have concluded high presence of various rare earth elements, including scandium, neodymium, and dyprosium potentially equating to $143 billion. Such rare earth elements are essential to a wide range of products including various emerging green energy technologies such as hybrid cars, hybrid electric vehicles, wind turbines, computer disk drives, compact florescent lighting, cellphones and U.S defense systems.
While SRBL’s Lithium project will support hybrid/electronic and lithium battery vehicle manufacturers, SRBL’s Bear Creek Rare Earth Property will support the development of the U.S own supply of rare earth elements. As a result of China controlling approximately 95% of the globally consumed rare earth elements, SRBL will immediately provide assistance as SRBL has recently Announced Phase 1 Exploration Plan Details for SRBL’s Bear Creek Project. Additional progress includes the company’s recent establishment of Qualified Mine Managers and Grid Layout and Soil Sampling Completion.