Ready for a recap? Let's go.

StockWireNews

(SPEYF) Is A Lithium Explorer With Multiple Bullish Technical Indicators (4 Potential Breakout Catalysts To Know)

November 6th

Greetings Readers,

Ready for a recap? Let's go.

Our Halloween alert was an NYSE American profile that absolutely became a wild, breakout idea.

Running from an open of $10.32, it surged approximately $4.00+ during the week to a high of $15.12 Thursday.

Overall on its way to a new 52-week high, this profile crushed an approximate move of 46%.

Pair that with the 4 champs from the previous week running approximately 69% combined, and we've been on a little bit of heater.

But that was then. This is now.

I've uncovered a new breakout idea, and by the way, this company is another lithium exploration company.

Let me tell you why this is important.

In the previous few weeks, I've brought two separate lithium related explorers to your attention and what did they do? They crushed it.

Running approximately 65% short term and 10% intraday respectively, they put a spotlight on what could happen to profiles in the battery metals sector.

So when I came across this lithium explorer, I knew I had to jump into action and put together this detailed report.

And based on its MULTIPLE bullish technical indicators across the short, medium, and long term, its recent bombshell acquisition news, and several positive press releases over the past month, this profile needs top spot on your watch-list.

For Monday, November 7th, there is only one exploration company to focus on:

*Spey Resources Corp. (SPEYF)*

Spey Resources is a Canadian mineral exploration company which has an 80% interest in the ‎Candela II lithium brine project located in the Incahuasi Salar, Salta Province, Argentina. Spey ‎also holds an option to acquire a 100% undivided interest in Pocitos II and 20% interest in the ‎Pocitos I lithium projects‎.

Spey also holds interests in four lithium exploration projects located ‎in the James Bay Region of ‎Quebec‎. Spey has a 100% interest in the Silver Basin Project located ‎in the Revelstoke Mining Division of British Columbia as well as an option to acquire a 100% ‎interest in the Kaslo Silver project, west of Kaslo, British Columbia.‎

And based on 4 potential catalysts, SPEYF could become a breakout star near term. Here are the details:

No. 1 - Multiple Bullish Technical Indicators

No. 2 - Company Uses Ekosolve™ And Gets Some Game-Changing Results

No. 3 - Commencement Of Lithium Exploration In Quebec

No. 4 - Huge Acquisition Bombshell (4 Projects Included)

But more on those in a second...

Full Company Breakdown - Key SPEYF Details To Know (1)

Spey Resources Corp. is a Canadian mineral exploration company which has an 80% interest in the ‎Candela II lithium brine project located in the Incahuasi Salar, Salta Province, Argentina.

Spey ‎also holds an option to acquire a 100% undivided interest in Pocitos II and 20% interest in the ‎Pocitos I lithium projects‎.

Spey has a 100% interest in the Silver Basin Project located ‎in the Revelstoke Mining Division of British Columbia as well as an option to acquire a 100% ‎interest in the Kaslo Silver project, west of Kaslo, British Columbia.

Spey also holds interests in four lithium exploration projects located ‎in the James Bay Region of ‎Quebec‎.

The four projects comprising the James Bay Property are the 454 Project, the West Lac Corvette Project, the Trieste Project and the Salomon Project, which are located between Patriot Battery Metals’ Corvette Lithium Project to the northwest, and Winsome Resources’ Adina lithium pegmatite to the southeast.

Patriot Battery Metals’ Corvette Lithium Project has reported lithium occurrences in spodumene (hard rock lithium mineral) pegmatite.

Spey notes that the reported pegmatite occurrences on nearby properties does not mean that similar occurrences will be found on the James Bay Property.

The first step of Spey’ lithium exploration program is a multi-spectral analysis of satellite imagery from the European Space Agency’s Sentinel-2 high-resolution, multi-spectral imaging mission.

Spey’s consultants are applying principal component analysis (PSA) to as many as 10 spectral bands, and comparing the results from the James Bay Property to spodumene pegmatites identified from nearby properties, after making required atmospheric corrections.

Any targets identified as spodumene pegmatites will be mapped, channel sampled at surface, and drilled as warranted.

Phil Thomas, CEO of the Company, states, “We are excited to commence exploration on these projects in the James Bay Region of Quebec, Canada. Adding exposure in Canada near a recent lithium discovery gives Spey diversification as we continue to drill and progress our flagship assets in Argentina.

Spey Resources Corp. Projects (2)

Incahuasi Salar - Argentina

Spey Resources Corp. is pleased to announce that it has completed exploration activities and hit multiple lithium brine aquifers in the Incahuasi Salar (the Candela II Project), the “Lithium Triangle.” They are also pleased to report a planned 5 hole production drilling program in the coming months. Incahuasi Salar is located in the Province of Salta, located approximately 45 kilometers from the township of Tolar Grande, Argentina.

image

Pocitos Salar - Argentina

Spey is pleased to announce an exploration drill program on Pocitos Salar in the coming months. The exploration area is located in the Department of Los Andes, Salta province. It is accessed starting from the city of Salta by national route No. 51 passing through the town of San Antonio de Los Cobres, then continues until the junction with provincial route No. 27 – in the vicinity of Rincon Salar, some 273km from Salta.

image

The Kaslo Silver Property - British Columbia, Canada

The Kaslo Silver Property is located along Keen Creek, 12 Kilometers west of Kaslo in the Slocan Mining Division of southern British Columbia, Canada. The mineral tenures include 13 claims and 13 crown grants that cover a total area of 3,238.9 hectares.

image

The property is underlain by Triassic Slocan Group sedimentary and metasedimentary rocks. These rocks have been folded into a steeply dipping synclinal wedge bounded on the north and south by Jurassic Nelson Batholith intrusive rocks.

Faulting, shearing and metasomatism accompanied intrusive activities and are directly related to the formation of vein, breccia and replacement deposits of silver-lead-zinc.

The Silver Basin Gold-Silver Property - Vancouver, British Columbia

The Silver Basin Gold-Silver Property is located in the Columbia Mountains near Trout Lake in the West Kootenay region, 650 road kilometers east of Vancouver, British Columbia. The property covers the southern part of the historic Silver Cup Mining Camp in the Lardeau District of the Revelstoke Mining Division.

The Silver Cup Mining Camp is near the north end of the Kootenay arc, a geologically and structurally complex zone that forms part of the Purcell Anticlinorium in the southern Rocky Mountains. The Kootenay arc consists of a curving belt of interbedded sedimentary and volcanic strata of Late Proterozoic to Mesozoic age that have been subjected to multiple phases of deformation, metamorphism and intrusion (Fyles and Eastwood, 1962).

The mineral claims that comprise the Property cover 2,268 hectares of ground that includes an 8 km length of the axial trace of the southern Silver Cup Anticline along which many past producing mines in the camp are located. Along this trend, the Property includes nine known precious metal vein occurrences: Morning Star, IXL, Chance, Noble Five, HYM, parts of the Foggy Day, Bonanza, Butte and Gallant Boy. In addition, possible extensions of the adjacent Okanagan, Enderby and Cromwell veins may exist on the Property.

image

-----

And as I mentioned above, SPEYF has 4 potential breakout catalysts to be aware of now. Check them out:

No. 1 SPEYF Potential Catalyst - Multiple Bullish Technical Indicators

I'm telling you right now... Don't discount SPEYF's technical indicators.

At close on Friday, SPEYF was displaying several triggered technical indicators across the short, medium term, and long term.

Barchart was reporting these technical indicators as triggered:

Short Term Indicators

  • 20 - 50 Day MACD Oscillator
  • 20 - 100 Day MACD Oscillator
  • 20 - 200 Day MACD Oscillator

Medium Term Indicators

  • 50 - 100 Day MACD Oscillator
  • 50 - 150 Day MACD Oscillator
  • 50 - 200 Day MACD Oscillator

Long Term Indicators

  • 100 Day Moving Average
  • 150 Day Moving Average
  • 200 Day Moving Average

Could this be a signal of things to come for SPEYF?

-----

No. 2 SPEYF Potential Catalyst - Company Uses Ekosolve™ And Gets Some Game-Changing Results

Spey Resources Extracts 99.5% Battery Grade Lithium Carbonate Using Ekosolve™ Process From Our Flagship Candela II, Incahuasi Salar Project

Vancouver, British Columbia, Oct. 31, 2022 (GLOBE NEWSWIRE) -- Spey Resources Corp. (CSE: SPEY) (OTC: SPEYF) (FRA: 2JS) ("Spey” or the "Company") is pleased to provide further information regarding its recent extraction of 99.5% battery grade lithium carbonate using the Ekosolve™ process. As announced in the Company’s news release dated October 28, 2022, the Chemical Engineering Department at the University of Melbourne, Australia has successfully produced lithium carbonate from lithium chloride extracted from the Company’s brines in Incahuasi Salar at the Candela II Project using the Ekosolve™ process. Spey has acquired the first Ekosolve production licence, which prioritizes the Company to be the first client to commission Ekosolve to complete the construction proposal, preliminary and plant engineering and manufacturing of the plant at Incahuasi. EkoSolve has issued seven other licences to date and will progressively commence engineering after Spey engineering is completed.

The brines and the lithium carbonate that was produced are being assayed by an external laboratory to corroborate the results achieved by the University of Melbourne and the Ekosolve team. The brine was subjected to 10 phases of continuous processing that took approximately 22 seconds for the solvent to extract the lithium in each phase. The 10th phase had extracted 135.05gm of contained lithium from 140.23gm, a 96.03% recovery rate. The purity of the lithium carbonate was set at 99.5% based on the sodium carbonate used to convert the chloride. The Mg:Li ratio was more than 15:1, and the EkoSolve™ process performed exceptionally well. The trial was undertaken by Ekosolve Ltd and the University of Melbourne (UoM) chemical engineering department and reported to Spey.

...

Phil Thomas, CEO of the Company, said “we are delighted to achieve these results. This not only proves the validity of the Ekosolve™ process for Incahuasi brines, but also the fast processing time using solvent exchange columns. Ekosolve Ltd. is planning to build a 100 tonne mini plant in Salta and the Company is in active discussions with Ekosolve Ltd. regarding a potential joint venture opportunity.

...

Read the full article here.

-----

No. 3 SPEYF Potential Catalyst - Commencement Of Lithium Exploration In Quebec

Spey Resources Announces Commencement Of Exploration For Lithium In James Bay Region Of Quebec

Vancouver, British Columbia, Oct. 24, 2022 (GLOBE NEWSWIRE) -- Spey Resources Corp. (CSE: SPEY) (OTC: SPEYF) (FRA: 2JS) ("Spey” or the "Company") is pleased to announce commencement of the initial exploration on the Company’s four lithium projects located in the James Bay region of Quebec (the “James Bay Property”). The four projects comprising the James Bay Property are the 454 Project, the West Lac Corvette Project, the Trieste Project and the Salomon Project, which are located between Patriot Battery Metals’ Corvette Lithium Project to the northwest, and Winsome Resources’ Adina lithium pegmatite to the southeast.

...

Phil Thomas, CEO of the Company, states, “We are excited to commence exploration on these projects in the James Bay Region of Quebec, Canada. Adding exposure in Canada near a recent lithium discovery gives Spey diversification as we continue to drill and progress our flagship assets in Argentina.

...

Read the full article here.

-----

No. 4 SPEYF Potential Catalyst - Huge Acquisition Bombshell (4 Projects Included)

Spey Resources Corp. Completes Acquisition Of Lithium Energy Metal Corporation

Vancouver, British Columbia, Oct. 07, 2022 (GLOBE NEWSWIRE) -- Spey Resources Corp. (CSE: SPEY) (OTC: SPEYF) (FRA: 2JS) ("Spey” or the "Company") is pleased to announce, further to its news release dated September 28, 2022, that it has completed the acquisition (the “Acquisition”) of 100% of the issued and outstanding share capital of Lithium Energy Metal Corporation (“LEM”) from all of the former shareholders of LEM (the “LEM Shareholders”).

In consideration for the Acquisition, the Company issued an aggregate 8,900,000 common shares in the capital of the Company (each, a “Spey Share”) to the LEM Shareholders (collectively). The Company has also issued 890,000 Spey Shares as a finder’s fee to an arm’s length finder in connection with the Acquisition.

LEM holds interests in four projects in the James Bay Region of Quebec near projects held by Patriot Battery Metals Inc. The projects vary in distance from PMET’s projects, one of them being within approximately one kilometer of the border of a PMET project.

  • The 454 Block Project - consists of 10 contiguous claims (513 hectares). The claims occur within the Archean Langelier Complex, which are the oldest rocks in the Le Grand sub-province of the regional Superior Province, and comprise foliated tonalite with hornlende-biotite magnetite.
  • The West Lac Corvette Project - consists of 10 contiguous claims (513 hectares). The claims cover Mesoarchean rocks of the Rouget Formation, derived from basalts as well as Neoarchean Marbot Formation wackes (with injections of granite), and southern margin of the Mesoarchean tonalite pluton (post de Le Moyne).
  • The Trieste Project - consists of two separate contiguous blocks totaling 50 claims and covering 2,575 hectares (618 hectares north, and 1,957 hectares south), with mylonite and amphibolite rocks of the Mesoarchean Trieste Formation that were derived from basalts.
  • Salomon Project – 100 claims in two separate continuous blocks, covering 5,155 hectares. The project includes Mesoarchean mylonites and amphibolites, as well as younger Neoarchean metamorphic wackes and arkoses.

Qualified Person

The technical and scientific information contained within this news release has been reviewed and approved by Robert Lane, MSc., P.Geo., who is a "qualified person" for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

Read the full article here.

-----

SPEYF Recap - 4 Potential Breakout Catalysts To Know Now

No. 1 - Multiple Bullish Technical Indicators

No. 2 - Company Uses Ekosolve™ And Gets Some Game-Changing Results

No. 3 - Commencement Of Lithium Exploration In Quebec

No. 4 - Huge Acquisition Bombshell (4 Projects Included)

-----

Coverage is officially initiated on SPEYF. When time permits, do this:

image

Get SPEYF on radar now.

Sincerely,

Kai Parker

StockWireNews


Source 1
Source 2


(Always Remember The Stock Prices Could Be Significantly Lower Now From The Dates I Provided.)

StockWireNews (stockwirenews . com) is owned by SWN Media LLC, a limited liability company. Disclosure: I am not a lice.nsed finan.cial adviser. Make sure to always do your own research and due diligence on any day and swing profile I bring to your attention. StockWireNews full disclosure is to be read and fully understood before using StockWireNews website, or joining StockWireNews' email or text list. By viewing StockWireNews website and/or reading StockWireNews email or text newsletter you are agreeing to StockWireNews full disclosure which can be read at www.stockwirenews.net/disclosure An owner of SWN Media LLC owns and operates smallcapfirm . com (“SCF”), owns and operates fierceinvestor . com (“FI”), and owns and operates stockstreetwire . com ("SSW"). From time to time, StockWireNews, SCF, FI, and/or SSW will publicly disseminate information about a company via website, email, SMS and other points of media. Ownership of "FI" and "SSW" has now moved to a single individual. Pursuant to an agreement between StockNewsWire, LLC, and World Wide Media Group, LLC, StockWireNews was hired for a period beginning on 8/31/21 and ending on 9/1/21 to publicly disseminate information about (SPEYF) via Website, Email and SMS. We were paid thirty thousand USD via bank wire transfer. We own zero shares of (SPEYF). Pursuant to an agreement between StockNewsWire, LLC, and Awareness Consulting Network, LLC, StockWireNews was hired for a period beginning on 9/6/21 and ending on 9/7/21 to publicly disseminate information about (SPEYF) via Website, Email and SMS. We were paid five thousand USD via bank wire transfer. We own zero shares of (SPEYF). Pursuant to an agreement between SWN Media LLC and TD Media LLC, StockWireNews has been hired for a period beginning on 11/6/22 and ending on 11/7/22 to publicly disseminate information about (SPEYF) via Website, Email and SMS. SWN Media LLC was paid seventeen thousand five hundred USD via bank wire transfer. We own zero shares of (SPEYF). To date we have been compensated a total of fifty-two thousand five hundred USD via bank wire transfer to disseminate information about (SPEYF). A member of SWN Media LLC is also a member of TD Media LLC. Pursuant to an agreement between TD Media LLC and Lake Front Enterprises LLC, TD Media LLC has been hired for a period beginning on 11/02/2022 and ending on 11/11/2022 to publicly disseminate information about (SPEYF:US) (SPEY:CA) via digital communications. We have been paid an additional seventeen thousand five hundred dollars USD via bank wire transfer. To date we have been paid two hundred eighty two thousand five hundred dollars USD via bank wire transfer to disseminate information about (SPEYF:US) (SPEY:CA) via digital communications. We own zero shares of (SPEYF:US) (SPEY:CA). lifewatermedia.com/speyf-disclosure-30/