Alset Receives Drilling Permits for La Salada Lithium Project in Zacatecas, Mexico

http://www.marketwired.com/press-release/alset-receives-drilling-permits-for-la-salada-lithium-project-in-zacatecas-mexico-2205008.htm

VANCOUVER, BRITISH COLUMBIA–(Marketwired – March 23, 2017) – Alset Energy Corp. (TSX VENTURE:ION) (“Alset” or “the Company”) is pleased to announce that having completed an environmental report and an application for drilling, the Company has received the necessary permits to commence drilling at its La Salada lithium project near Zacatecas, Mexico. The Company is now in the process of securing drill crews and site personnel and is expecting to commence drilling in early April.

In addition to the drilling, the Company will commence a shallow subsurface sampling program. These efforts are designed to better understand the geochemistry and deportment of lithium in subsurface soils and the depth and chemistry of potential brine of the La Salada salar.

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