Replies to This Discussion

Permalink Reply by Ted Ward 17 hours ago

i meant mineral rights. sorry

Permalink Reply by Skip Peel - Mineral Consultant 15 hours ago

Ted, that is an interesting offer considering how far Section 32 is from the defined Haynesville Shale fairway.  Approximately 8 to 9 miles as the crow flies.  I am not familiar with Areana Minerals and there is no website or other internet presence under that name.  There is an Arena Minerals that has a Facebook page which I will link below.  Here is what that companies Facebook page states.  Arena, if that is the same company that offered the lease, is in the Lithium business.  If you could share the terms of the lease offer, that might help to know whether Arena or Areana is interested in Oil & Gas or in Lithium.

About us

Arena Minerals is led by a team with undeniable expertise in lithium processing which has successfully advanced and brought several lithium projects to production. Chile, the world’s leading brine-based lithium producer, uses a Brine-Mixing Process focused on the use of reagents purely derived from lithium rich brines, which Arena Minerals has adapted to the salars of Argentina. This process results in products much better suited for Battery Grade Lithium Carbonate production while carrying substantially lower production costs. The process was originally developed and implemented in Chile with members of Arena’s team. Arena is uniquely positioned to transition Argentina from the past decade of resource growth through to world class supplier of low cost lithium products, by implementing its proprietary processing and providing a source of the required lithium rich reagent sourced from its unique Antofalla salar and a world class team.

https://ca.linkedin.com/company/arena-minerals-inc.