$LEXG News - Lithium Exploration Group Prepares for 21 Percent Anticipated Growth in Lithium Battery Market Next Year in Sector Named by Goldman Sachs as the New Gasoline

Lithium Exploration Group Disruptive Ultrasonic Cavitation Technology Changes Lithium Production - Phoenix, AZ / - (http://www.financialnewsmedia.com News Alert) - Lithium Exploration Group Inc. (OTCPINK: LEXG) announced that it has established itself as an early adopter of a disruptive technology within the burgeoning lithium industry. Lithium Exploration Group has partnered with Sonic Cavitation Ltd to test and commercialize a proven lithium extraction technology that is anticipated to make the Lithium Exploration Group a recognized brand name in the rapidly evolving and expanding lithium industry.Goldman Sachs has labeled the \'lithium battery\' as the \'new gasoline\' with lithium battery sales expected to grow by 21% next year as a result of the growing demand from both the electric car market and the consumer electronics market.



CEO Alex Walsh updates shareholders on company activities: As we transition into 2017, it is important to update the market on our strategic planning for 2017. This month we completed the independent validation testing of the Sonic Cavitation Ltd oil unit. We have been testing the unit ourselves since August, but recently brought in two independent groups to take samples and witness the power consumption, temperature increase, and other operational variables of the unit. Along with our partners at Sonic Cavitation Ltd, we are now ready to start showing those performance results to potential customers and start to customize a solution for their specific needs. Read the full news and more for LEXG at http://financialnewsmedia.com/profiles/lexg.html



This execution will be part of our ongoing activity, but it is also important to note that we are still very focused on utilizing the technology for lithium extraction. In the very near future our partners at Sonic Cavitation Ltd will begin to initiate the testing of brine and other salt water feedstock and begin collecting performance data on the flash evaporation of suspended solids. Obviously this application can be used for water purification and other industrial purposes, but we will be very focused on how it can be used in the mining industry specific to the expedited extraction of lithium from brine.



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