Retrieved on:
Tuesday, February 20, 2024
Las Vegas, NV., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Barrel Energy Inc., (OTC Markets: BRLL) (the “Company” or “BRLL”) is pleased to update shareholders on financial actions, including:
Key Points:
- Las Vegas, NV., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Barrel Energy Inc., (OTC Markets: BRLL) (the “Company” or “BRLL”) is pleased to update shareholders on financial actions, including:
Unwinding the Land Lease Agreement.
- On May 14, 2019, the Company signed a land lease in central California for 602 acres at $1,000 per acre to grow hemp for fiber usage.
- These Notes have been restructured to eliminate the variable priced conversion and will have a fixed conversion price of $0.03.
- The reduction in $3,946,219 in liabilities is a good step to move our exploration and development forward on our two primary assets which are the two Pl.s in Tanzania.
Retrieved on:
Monday, February 12, 2024
Copper,
Nickel,
Artificial intelligence,
AI,
Spectral,
OTC,
Strategic planning,
EST,
Hyperspectral imaging,
University,
Cobalt,
ASTER,
Research,
Lithium,
Sales Las Vegas, NV., Feb. 12, 2024 (GLOBE NEWSWIRE) -- Barrel Energy Inc., (OTC Markets: BRLL) (the “Company” or “BRLL”) is pleased to announce the creation of its AI Mining Center, Spectral AI Hyderabad, which represents an innovation in artificial intelligence (AI) directed spectral anomaly detection for exploration and environmental services.
Key Points:
- Las Vegas, NV., Feb. 12, 2024 (GLOBE NEWSWIRE) -- Barrel Energy Inc., (OTC Markets: BRLL) (the “Company” or “BRLL”) is pleased to announce the creation of its AI Mining Center, Spectral AI Hyderabad, which represents an innovation in artificial intelligence (AI) directed spectral anomaly detection for exploration and environmental services.
- We are building ML models to study hyperspectral imaging data and being trained based on the inputs by our expert geologist.”
"The team at Barrel Energy is excited to be in the forefront of the application of smart mining.
- Our initial plan is to utilize our subsidiary’s expertise to focus initially on the Tanzania and United States Prospecting Licenses owned by Barrel Energy and China Dongsheng International (OTC: CDSG)” stated Craig Alford, CEO.
- The company will make its case for the value proposition in this NR, including a interpretation of previous NR’s related to the ASTER SPECTRAL data.
Retrieved on:
Wednesday, January 31, 2024
Lithium,
Tanzanian Premier League,
KBM,
School,
USGS,
Ministry,
LCE,
ASTER,
Thacker Pass Lithium Mine,
Salar,
University,
Reflection Las Vegas, NV., Jan. 31, 2024 (GLOBE NEWSWIRE) -- Barrel Energy Inc., (OTC Markets: BRLL) (the “Company” or “BRLL”) is pleased to announce that it received a report detailing a completed multispectral Advanced Spaceborne Thermal Emission and Reflection radiometer (“ASTER”) analysis across a portion of the Titan South Lithium Project area in Tanzania.
Key Points:
- Las Vegas, NV., Jan. 31, 2024 (GLOBE NEWSWIRE) -- Barrel Energy Inc., (OTC Markets: BRLL) (the “Company” or “BRLL”) is pleased to announce that it received a report detailing a completed multispectral Advanced Spaceborne Thermal Emission and Reflection radiometer (“ASTER”) analysis across a portion of the Titan South Lithium Project area in Tanzania.
- The McDermitt project sits approximately 22miles (35kms) north of the 19.5-million-ton LCE resource of the Thacker Pass deposit.
- Figure 2 shows the results of the examination of the north portion of the Titan South prospecting license, along with a portion of the adjacent Titan project.
- Figure 3 shows the spectral mineralogical data from the Titan South project projected at the same scale with the data from the McDermitt site, one of the largest lithium resources in the U.S.
Much of the Tian South Project remains unexplored and untested, however, we note that the observed robust spectral anomalies at Titan South (see Figure 2) cover an area much larger than our sampling has covered.
Retrieved on:
Thursday, November 30, 2023
Las Vegas, NV., Nov. 30, 2023 (GLOBE NEWSWIRE) -- Barrel Energy Inc., (OTC Markets: BRLL) (the “Company” or “BRLL”) is pleased to provide an exploration update on the Titan X South Lithium Project in Tanzania.
Key Points:
- Las Vegas, NV., Nov. 30, 2023 (GLOBE NEWSWIRE) -- Barrel Energy Inc., (OTC Markets: BRLL) (the “Company” or “BRLL”) is pleased to provide an exploration update on the Titan X South Lithium Project in Tanzania.
- The Company will refer to the property going forward as “Titan South.”
See Titan Projects Map (attached) with projects orientation in relation to the large play and the adjacent Titan 1 project.
- The soil anomaly, outlined in green, runs North-South directly from Titan 1 to Titan South.
- Much of the Tian South Project remains unexplored and untested, however, new soil grid sampling during the month of October has now covered an area of approximately 4,200 acres (17 square kms).
Lithium,
Canmore Museum and Geoscience Centre,
ISO,
OTC Markets Group,
ISO 9001,
Soil,
NI,
HGM-25A Titan I,
Master of Science,
Nvidia Titan,
South African Mineral Reporting Codes,
Rare-earth element,
Titan Las Vegas, NV., July 12, 2023 (GLOBE NEWSWIRE) -- Barrel Energy Inc., (OTC Markets: BRLL) (the “Company” or “Barrel”) is pleased to announce additional soil geochemical sampling results from prospecting a central portion of the company’s Titan X lithium property in Tanzania.
Key Points:
- Las Vegas, NV., July 12, 2023 (GLOBE NEWSWIRE) -- Barrel Energy Inc., (OTC Markets: BRLL) (the “Company” or “Barrel”) is pleased to announce additional soil geochemical sampling results from prospecting a central portion of the company’s Titan X lithium property in Tanzania.
- The Titan X project is located directly south of, and adjacent to, the Titan 1 project of Titan Lithium Inc.
- Both Titan X and Titan 1 occur within a large northeast-southwest-striking rift valley that served to trap lithium-rich source volcanics and sediments in this area of the East African Rift.
- The newly covered area serves to further extend the Titan X sample coverage south of those reported previously in the Company news release dated June 13, 2023.
Las Vegas, NV, June 22, 2023 (GLOBE NEWSWIRE) -- Barrel Energy Inc., (OTC Markets: BRLL) (the “Company” or “Barrel”) or the “Company”), is pleased to provide the exploration plan for 2023 for our large Titan X Lithium project in Tanzania.
Key Points:
- Las Vegas, NV, June 22, 2023 (GLOBE NEWSWIRE) -- Barrel Energy Inc., (OTC Markets: BRLL) (the “Company” or “Barrel”) or the “Company”), is pleased to provide the exploration plan for 2023 for our large Titan X Lithium project in Tanzania.
- Based on the widespread high-grade lithium values encountered over the adjacent Titan 1 Lithium project of Titan Lithium (CDSG) to the North, Barrel sampled and located similar highly anomalous Lithium-in-soil values on the Titan X project.
- Barrel Energy’s immediate plan entails further prospecting and geochemical sampling to examine and define the extent and strength of lithium values in the Titan X Project.
- As in-house and governmental geophysical data suggest, the Titan X project is underlain by the same volcanics and sediments as the adjacent Titan 1.
Lithium,
Canmore Museum and Geoscience Centre,
ISO,
OTC Markets Group,
ISO 9001,
Soil,
NI,
HGM-25A Titan I,
Master of Science,
South African Mineral Reporting Codes,
Rare-earth element,
Titan,
Nvidia Titan Las Vegas, NV, June 13, 2023 (GLOBE NEWSWIRE) -- Barrel Energy Inc., (OTC Markets: BRLL) (the “Company” or “Barrel”) is pleased to announce excellent soil geochemical sampling results from prospecting a small portion of the company’s Titan X lithium property in Tanzania.
Key Points:
- Las Vegas, NV, June 13, 2023 (GLOBE NEWSWIRE) -- Barrel Energy Inc., (OTC Markets: BRLL) (the “Company” or “Barrel”) is pleased to announce excellent soil geochemical sampling results from prospecting a small portion of the company’s Titan X lithium property in Tanzania.
- The Titan X project is located directly south of, and is adjacent to, the Titan 1 project of Titan Lithium Inc.
- Both Titan X and Titan 1 occur within a northeast-southwest-striking fault-bounded valley that likely served to trap Lithium-rich source volcanics and sediments in this area of the East African Rift.
- From the results of the prospective soil samples, we note that positive Lithium geochemical values average 3,440 ppm Lithium.
Las Vegas, NV, June 07, 2023 (GLOBE NEWSWIRE) -- Barrel Energy Inc., (OTC Markets: BRLL) (the “Company” or “Barrel”) is pleased to announce it has signed an agreement with Kokanee Placer Two (“Kokanee II”) to acquire the “Titan X Lithium Project” in Tanzania.
Key Points:
- Las Vegas, NV, June 07, 2023 (GLOBE NEWSWIRE) -- Barrel Energy Inc., (OTC Markets: BRLL) (the “Company” or “Barrel”) is pleased to announce it has signed an agreement with Kokanee Placer Two (“Kokanee II”) to acquire the “Titan X Lithium Project” in Tanzania.
- The new Titan X Lithium Project is located in northeastern Tanzania, a country rich in mineral wealth and active in the EV battery-material supply chain (i.e.
- Titan X sits directly south of and is directly adjacent to, the massive Titan 1 lithium project of Titan Lithium (OTC: CDSG).
- The Titan 1 project has every indication to be a world-class standout and our Titan X project holds great promise as recent prospecting returned surface lithium grades similar to Titan 1.”
Location of the Titan X south of the Titan 1 Project.
Las Vegas, NV., April 25, 2023 (GLOBE NEWSWIRE) -- Barrel Energy Inc., (OTC Markets: BRLL) (the “Company” or “Barrel”) is pleased to provide a corporate update.
Key Points:
- Las Vegas, NV., April 25, 2023 (GLOBE NEWSWIRE) -- Barrel Energy Inc., (OTC Markets: BRLL) (the “Company” or “Barrel”) is pleased to provide a corporate update.
- As of September 30th, 2021, the Company had now completed 2 years of PCAOB qualified year end financial statements.
- Subsequent to the filing of these audited statements, the Company will be completing its September 30th, 2022 10K Statements.
- Barrel Energy Inc. has retained Olayinka Oyebola & Company as its new Auditor to complete the outstanding 10K.
Retrieved on:
Wednesday, November 16, 2022
, Nov. 16, 2022 (GLOBE NEWSWIRE) -- Barrel Energy, Inc., (OTC Markets: BRLL) (the Company or BRLL) has entered into a partnership to co-develop the West End Lithium (WEL) project held by CDSG (OTC:CDSG).
Key Points:
- , Nov. 16, 2022 (GLOBE NEWSWIRE) -- Barrel Energy, Inc., (OTC Markets: BRLL) (the Company or BRLL) has entered into a partnership to co-develop the West End Lithium (WEL) project held by CDSG (OTC:CDSG).
- Barrel Energy Inc (OTC: BRLL) (Barrel) will lead the exploration and production endeavors with CDSG.
- Barrel is developing a highly innovative lithium extraction methodology for clay hosted deposits.
- With electric vehicles in higher demand, the price of lithium carbonate, a key battery component, have surged year on year.
