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Force Energy Corp. (FORC)

Force Energy Corp. (FORC) is a lithium and hydrocarbon exploration and development company based in Denver, Colorado. The company is currently focusing the majority of its efforts on exploring and developing the Zoro 1 Lithium property, which is located in the Snow Lake area of west-central Manitoba, Canada. Force Energy also maintains a 50% working interest in the Hayter Well, located in Alberta, Canada.

The Zoro 1 property is 52 hectare (128 acres) in size and located near the East Shore of Wekusko Lake in west-central Manitoba, Canada. There are seven zoned pegmatite dykes on the property, the westerly most of which is some 6m high and 27m wide, stretching for a length of 183m. The deposits are of significant merit but require further exploration and work.

The early-stage economic value indications are compelling at Zoro 1 given drilling reserves coupled with data from trenching placing a calculation total of 1,727,550 undiluted tonnage at 0.945% Li2O (lithium oxide). A Phase 1 program is expected to be pursued at an estimated of cost of $475,000 to confirm the extent of the pegmatite at depth and along strike, providing the basis necessary for further drilling and determining a modern day resource of the target.

At a recent World Lithium Supply and Markets conference in Santiago, Chile, the world's top three lithium producers and research groups TRU Group and Roskill presented an outlook for lithium projecting a three-fold increase in global lithium demand. Driven primarily by hybrid and all electric vehicles, demand for lithium is expected to rise to approximately 250,000 to 300,000 tpa by 2020. As lithium consumption continues to rise as a rapid pace, Force Energy is well positioned to capitalize the growing demand.

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