With the U.S. and Canada determined to develop domestic sources of lithium, Tearlach Resources (TEA.V; TELHF.OTC) is taking charge by building a portfolio of high-potential lithium projects.

Drilling will be quickly underway at one of those projects and will be underway in the summer at a second — plus the company continues to stay active on the acquisition front.

Bottom line: This is the perfect time to look at Tearlach.

Dear Fellow Investor,

Consider the implications of this forecast: The lithium industry needs $300 billion in investment to meet demand by 2030.

That demand is driven by the batteries needed to power the world’s transition to electric vehicles.

And the push to invest in lithium sources located in the U.S. (or U.S.-friendly countries) makes meeting that demand all the more pressing.

The recently passed Inflation Reduction Act requires fully 40 percent of an EV battery's components to be sourced in the U.S. or some 20 free trade partner nations by 2024. By 2027, that percentage jumps to 80 percent.

The pressure this edict is going to put on domestic and U.S.-friendly supplies of lithium creates a unique opportunity for investors looking to cash in on the trend.

Tearlach Resources (TEA.V; TELHF.OTC), with its large and growing portfolio of lithium projects in the U.S. and Canada and Dr. Julie Selway, one of the top lithium geologists on the planet as their VP of Exploration, is perhaps best positioned to capitalize on the U.S. scramble for local supplies of lithium.

As you’re about to see, Tearlach’s acquisitions have put it in ideal jurisdictions for the development of sizeable lithium resources. In a world determined to electrify its vehicle fleet, this portfolio promises to reap tidy profits for those who invest near current levels.

A New Nevada Project Within Easy Driving Distance Of Tesla’s Gigafactory

A key sign of Tearlach aggressiveness on the acquisition front is the deal it just cut to earn up to a 70% interest the Gabriel project in Nevada.

Tearlach is earning an initial 51% interest in Gabriel by first committing to spend $5 million over the next three years. It can boost that interest to 70% by spending an additional $10 million on exploration and taking the project on an aggressive trajectory to feasibility study and potentially beyond by 2026.

As the map below indicates, Gabriel is adjacent to an existing lithium project owned by American Lithium — a company currently trading at over four times the value of Tearlach.

Located near Tonopah, Nevada, the area is an easy drive to Tesla’s Gigafactory near Reno. That provides projects in the region with a ready-made buyer of its lithium output.

Importantly, Gabriel already shows the potential to host its own significant lithium resource — Blackrock Silver, the vendor, recently drilled 1,217 ppm lithium over 1.5 meters on the project.

5,000 meters of drilling is about to be underway to further confirm the resource at Gabriel. That will be followed by preliminary engineering work — Tearlach is determined to keep discovery and engineering moving along parallel tracks to build momentum on the project.

Plus: Three Properties Along Electric Avenue In Ontario

Tearlach’s portfolio extends to hard-rock lithium projects along what has become known at Electric Avenue in northwestern Ontario.

Its Final Frontier project consists of the Pakwan, Pakwan Extension and Margot Lake properties, which lie adjacent to and on trend with Frontier Lithium’s large property position in the region.

Frontier’s property position includes the Spark pegmatite deposit (14.4 million tonnes of indicated 1.40% lithium oxide and 18.1 million tonnes of inferred 1.37% lithium oxide) and the Pak pegmatite deposit (7.23 million tonnes of 1.87% measured and indicated lithium oxide and 2.76 million tonnes 2.22% inferred lithium oxide).

The resource-hosting structures for Pak and Spark continue onto Tearlach’s properties. The company plans 3,500 meters of diamond drilling to test that potential in 2023.

And...A New Suite Of Properties In Quebec

Tearlach’s most recent acquisition is the Shelby project, located in the James Bay region of Quebec.

The Shelby project consists of six properties located near Patriot Battery Metals’ Corvette property and Winsome Resources’ Cancet property.

Patriot’s best intersection at the Corvette pegmatite property so far delivered 1.65% lithium oxide over 159.7 meters, including 4.12% lithium oxide over 9.0 meters.

In addition to this proximity to recent discoveries, Shelby’s location in the James Bay region puts it in a district with several large, hard-rock lithium resources.

And its location in Quebec, like the Final Frontier project’s location in Ontario, puts it in proximity to the large auto manufacturing complex in Canada and the U.S.

In a world where the U.S. and Canada are both looking to near-source their lithium supplies, Tearlach’s diversified portfolio makes a compelling investment target.

Ambitions For More

Tearlach Resources’ two most recent acquisitions — Gabriel and Shelby — happened just this month.

Obviously, this is a company with a leadership team determined to make its mark in this fast-growing sector.

So don’t be surprised if, in addition to the drilling results from Gabriel and Final Frontier, Tearlach makes more news on the acquisition front.

Management sees a real opportunity to consolidate the sector while fast-tracking its existing projects.

In short, if you like lithium as an investment avenue, you’ll want to look closely at the up-and-coming, aggressive plays — which means you’ll want to look at Tearlach Resources now.

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